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Updated over 7 years ago on . Most recent reply

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200
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Jake Cohen
  • Rental Property Investor
  • Denver, CO
126
Votes |
200
Posts

Firefighter looking to expand into new cash flow markets

Jake Cohen
  • Rental Property Investor
  • Denver, CO
Posted
First post but already feel part of the community. I had the pleasure to meet Scott Trench the other night and gave me a warm welcome. Currently helping my mom create cash flow for retirement while also investing for my wife and I. My "real job" is as a firefighter in Northglenn and Broomfield. Married with no kids. Looking forward to participating in some good discussion on here. Just listened to the @michaelswan podcast and inspired by what he has done. In the process of selling a townhouse in Denver doing a 1031 exchange with the money and looking for opportunities in other parts of the county. At this point interested in Kansas City, Birmingham, Cleveland, and Memphis as well as any deals in Colorado (at this point hard to find). Looking for multi family for cash flow. Thanks in advance.
  • Jake Cohen
  • Most Popular Reply

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    Todd Dexheimer#2 Multi-Family and Apartment Investing Contributor
    • Rental Property Investor
    • St. Paul, MN
    3,673
    Votes |
    3,026
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    Todd Dexheimer#2 Multi-Family and Apartment Investing Contributor
    • Rental Property Investor
    • St. Paul, MN
    Replied

    I would suggest visiting the market before you invest to be sure that it's a place you want to put your money. All of those markets have good cash flow potential, but all have been known to be traps for investors money. The key to those markets (and all markets) is to buy in the right area. Get in the wrong location and you will make no money and possibly loose

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