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Updated over 4 years ago,
Greetings! New in Loveland Colorado
Hi! I'm new to real estate investing and I just bought my first rental property with a business partner in Loveland, Colorado. I bought it as my primary residence and moved from Cedar Rapids, Iowa - where I've been living for the last two years working on an IT contract for one of the local hospitals.
I purchased my very first property almost exactly a year ago - a nice little plot in a residential neighborhood in Pahoa, Hawaii. It's undeveloped for the most part - aside from some ongoing landscaping, and I'm still trying to decide what to do with it in terms of turning it into a money-making property.
As for my Loveland property, it's a 7 bedroom house and we're renting it out by the room. We've only had it a few weeks and it's going awesomely thus far! At the moment, my goal is to purchase a dozen more properties like this in the next 12 to 18 months and repeat the same rent-by-the-room co-operative housing setup.
I've been busting through as many real estate investing books as I can get my hands on and going through the Bigger Pockets podcasts at a ridiculous rate (I drive all the time, so I've constantly got them going in the car). As I move into trying to purchase my next property, I thought now would be a great time to finally post in the forums here and start to really get to know people. I'm super excited to keep going and really get my business rocking.
Thank you so much to everyone who contributes here and I look forward to chatting with you all!