Newbie from Denver, Colorado

[Taylor Fortini]

Hi BP Community, 

My name is Taylor Fortini and I have been listening to BP podcasts for several years now but just now finally signing up. 

I am a real estate broker in the Denver Metro area but really looking to begin investing more for myself. Last year during the pandemic I completed my first fix and flip project that was a huge success and I hope to do more this year!

I am currently 28 years old, I am married and have a baby on the way.

We are currently in the process of turning our first house into a rental property and buying a new home. I know that is the right thing to do but still have these mixed feelings of excitement and nerves. 

Our goal is to have 200+ front doors by the time we are 60 years old ( I think we can blow this goal out of the water). 

I am looking forward to being an active member in this community!

[Jeff White]

@Taylor Fortini Congrats on signing up for BP, it has made a huge difference in my investing success and portfolio.

What a great fix and flip for your first one!  That will be tougher to come by again this year, but it is definitely doable with a solid marketing campaign. 

That's a fantastic goal, and you can definitely achieve it, probably way sooner than 60 via 1031 exchanges and looking at out of state markets to scale up. 

If you are only looking at only Denver metro, I would suggest house hacking your way along the way to grow your portfolio because you benefit from owner occupied financing, consistent appreciation (6% last 40 years on average) and long-term economic prospects for Denver. Your goal would be harder to achieve here without significant equity or debt partners.