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Updated about 4 years ago on . Most recent reply

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8
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3
Votes
Trevor Bogus
3
Votes |
8
Posts

Newbie from Durango, Colorado

Trevor Bogus
Posted

Hello All,

My name is Trevor Bogus, I am 23 years old, and I am located in Southwest Colorado. I just discovered BP, I was browsing through business podcasts and came across Bigger Pockets and gave it a try. Now I can't stop listening, you guys do a great job of educating and keeping every podcast entertaining and fresh. I have no background in real estate other than a course I took in college. I have had an interest in real estate since taking that course, but recently through BP podcast and website I want to make it a reality.  My goal right now is to invest in a single family property by the end of the year. I would love to connect with others in my area or get some feedback on how people develop plans for their goals. I am trying to break it down into small doable tasks, but possibly lack of knowledge so far has held me back a little from knowing where to start and what the essentials are. Anyways I will continue to soak up as much information as I can through all the forums, blogs, podcasts, and possibly webinars. Thank you if you took the time to read this and especially thank you all for your posts and shared information!!

Most Popular Reply

User Stats

207
Posts
141
Votes
Jens Nielsen
  • Investor
  • Santa Fe, NM
141
Votes |
207
Posts
Jens Nielsen
  • Investor
  • Santa Fe, NM
Replied

@Trevor Bogus welcome to BP. It's a great resource for learning about investing in RE. I also live in Durango.

I would challenge your assumption about wanting to invest in single family. Much harder to scale, and in a competitive market like Durango it is hard to cashflow. Of course, you could go to Cortez where prices are lower.

I took the multi-family route from the start, and now I own 83 units in Albuquerque with a couple of partners and another 417 units in GA and PA as a general partner.

If you want to connect we can get on a call or meet for a coffee in Durango.

Jens

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