New Investor in Greeley, Colorado (Northern Colorado)

[Kaylee Dunn]

Hello all!

My name is Kaylee, and I am pretty new to the forums although I've been listening to the BP podcasts for a few months now. My husband and I recently moved from Utah to Colorado. We are waiting for our rental lease to end to buy our first property—hopefully a multifamily house hack (if we can find one that makes sense)! I am very interested in buy and hold rental properties. Our plan is to buy a small multifamily with owner-occupant financing then buy another property to live in after living there for one year. I am excited to learn more from the forums and continue to learn so much from the podcasts and webinars. I hope to connect with other local investors although I've already been lucky to connect with a great real estate agent (also an investor) and lender who has worked with investors. 

I look forward to connecting with more of you! Thanks to those who spend time producing such helpful content. 

[Dan Mackin]

@Kaylee Dunn the shorter the commute the better :-)

As for complications the biggest one you will run into on most of the front range is stupid money. What I mean by that is folks getting completely set on the fact of buying a multifamily since that's what they were told to do that they're paying stupid prices for multiplexes where the numbers don't even make sense in the future if rents rise. Greeley may be different in terms of the options there since you can still get cheaper duplexes, etc there compared to the cities further West.