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Updated over 6 years ago on . Most recent reply

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Newbie Gal relocating to Louisville KY from Co

Posted

Hi Everyone! my name is Gal and I currently live in beautiful Denver, CO. Unfortunately, we missed the boat buying a house 5 years ago when we arrived from NYC and now that the market is crazy and prices has sky rocketed, we are thinking on relocating to a new exciting place. During the process of looking for a house I came across one the Biggerpocket YouTube videos and absolute loved the idea.Instead of taking our saving and putting it towards a mediocre house that would appreciate in short amount of time, why not have the 4 walls work for me instead the other way around? working so many hours at a software company and not spending enough time with my delicious two girls lead to realize I have to generate passive income if I want to control my time. We are considering to relocate to Louisville KY, where my sister in law lives ( yay! free babysitter! ). We were thinking of buying a multi family units. I apologize the post is a bit general and might be premature, but since I am new and eager to learn, I thought I will share this post with you and hear from the community your thoughts on if it is profitable to invest there since the house appreciation rate is fairly low. Thanks a lot in advance and have a lovely week!   

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@Allan Bishop Jr. Thanks a lot! I am super excited to start exploring the wonders of Real Estate.   I am defiantly trying to sock in as much information as possible and learn as much as I can both from the content on the website and most from people that achieved their financial goal. We are planning on relocating at the beginning of next month and would love to connect! 

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