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Updated over 4 years ago on . Most recent reply
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Beginner moving to Colorado Springs, CO
Hello BP Community!
My name is Jonathan Kimball and I'm brand new to real estate investing. A little background on me, I'm an O-3 in the Air Force and over the past 4'ish years became an ardent follower of the "FIRE" movement. However, with this PCS I want to diversify my holdings and take the plunge into real estate! My overarching strategy right now is to buy and hold single family houses in C-Springs, but I'm open to updating this strategy if insight from this community steers me in a different direction. For this first post I do have a few questions:
1. Does anyone have a Realtor that they highly recommend in the Colorado Springs area? I looked through the vendor list on this site and a lot of the top rated vendors seem to be more centralized in the Denver area. I'm hoping to find someone with intimate knowledge of C-Springs who also invests locally.
2. For those investors in C-Springs what strategies are working for you? Buy and hold with long term tenants? AirBnB? House hacks?
Sorry this post is a little long, but I appreciate any/all input! I look forward to working with/learning from you all as we go down this path together.
Respectfully,
Jonathan
Most Popular Reply
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Thank you for the recommendation @Daniel Haberkost!
I highly recommend getting started with house hacking for any new investor who's life situation allows for it. Truly the best way to dip your toes in the water without fully committing and most successful investors who I work with today often started with this strategy as their first investment property just as I did myself.
I'll shoot you a PM as well @Jonathan Kimball.
- Colin Smith