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Updated about 6 years ago,
New Member - Colorado Springs
Hello everyone! My name is Devin Hightower and I'm a new BP member from Colorado Springs. I haven't done any investment deals yet, but my wife and I do currently own two properties. We didn't buy either of them with the intent to keep them as investments, but as of right now the SFR we're renting out is about breaking even as far as cash flow goes, so we're not complaining about the mortgage being paid down by someone else. Right now, the rough plan is to educate myself as much as possible over the next 8-20 months by catching up on the podcasts (currently on episode 100), reading a pretty good list of real estate books I've compiled from Famous Four recommendations and from friends, and surfing these forums. At that point, we're planning on selling our rental property and taking advantage of the appreciation we have seen to give ourselves a decent capital base to start with, then working on flipping houses. While we're waiting for that, I'm also planning on getting practice finding and analyzing deals. I've already found one that I believe is a decent find, but I'll start posting them in the forums to get feedback from all of you as I go so that when I am ready to pull the trigger, I'll have a lot of no-risk learning to back what I'm doing. I look forward to getting to know new people through these forums, and maybe even in person at some point!