All Forum Posts by: Courtney Gibson

@Chris Lopez yeah I was just explaining why I said the market would be down 3-5 years from now. And like I said the markets, in general, are overvalued. There was a correction this year in February though... it’s not really timing a market thats just the business cycle. The 3-5 year timing works out for me either way. I really was not looking to have a discussion about this part of the post. Advice about Colorado is much appreciated though!

@Chris Lopez, I think a lot of economists agree the markets in general are overvalued right now, backed by how far along we are into the business cycle. Besides that you have a lot of housing market bubbles, the yield curve coming close to Inversion, the consumer/ student debt problem, generally low wage growth, and the whole tariff thing does not help.

@Chris Lopez statistics show well have the next recession within 2-5 years from now, I didn’t mean a dip in Colorado specifically but moreso the entire economy. It shouldn’t be a relatively large recession but things will be different 3-5 from now due to the bubbles we see today and I would like to get in when the business cycle sees that dip. I appreciate the help and yeah I really look forward to moving to Colorado!

@Teri S. Awesome! I am very open to move where the best opportunities are in the state. I am thinking Denver because the company I work for now has a location there but I am open to moving around in career or colleges. I appreciate the help!

@Kevin Grinstead, thank you! I am looking to live in a C or B neighborhood, probably farther outside of the city. I will be sure to reconnect with you in the future about the growth of the market. Thanks again for the advice :)

Hi, I am very new to the concept of real estate investing and I am doing all I can right now to learn and grow so I can begin investing when I move to Colorado in the next 3-5 years. I would love to get some insight or data about the housing markets in the areas surrounding Denver or even about good markets throughout the state. When I move next I would like to buy a Du/triplex with an FHA loan using a 203k for repairs if needed. I know that Denver is a hot spot right now but I would like to move near there for work and school. I am open to buying in cities that are within 45 minutes from central Denver. I know that it is hard to forecast for 3-5 years out but I would like to wait until the economy takes a dip before buying. Any information about the surrounding areas, recreational or real estate orientated would be really useful. I am very new to investing in general so I appreciate any advice offered. Also, I would love to start a networking base before moving to a new area to make the transition smoother so I will provide a little bit of background on myself. I am a financial specialist working at a PEO. I love hiking, skiing, bike riding and basically any physical outdoor activity. I am in my mid 20's and I am looking to go back to grad school for my CPA after I move to Colorado. I am pursuing FIRE and I would like to use my work income alongside rental real estate and frugality to get me there. I am excited to meet people in the area and learn more about what Colorado has to offer.

-Courtney :)