All Forum Posts by: Jason Hawkins

@Ben Rhodin

Thanks for the reply Ben. I have combed through many potential “deals” here in Denver and there never seems to be enough meat on the bone to justify diving in.

I feel being able to offer cash in addition to buying properties most buyers using conventional financing could not be approved for due to property condition would give me an upper hand acquiring deals in a different market.

@Nick Cooley

Thanks for the input Nick.

Hey All,

The wife and I have been wanting to get into something with more room than our Littleton house.  We are playing with the idea of buying something in Highlands Ranch or Castle Rock, living in it for a year or two, then renting it out and buying something new.  How is the rental demand in Doug Co at the $2,500+ price point?  I see quite a few homes listed for rent, and some nice ones that seem to have been on the market for 30+ days.  Any insight or just general experience investing in the Doug Co or even Jeffco area would be greatly appreciated!

Hey all,

I am a long time lurker.  Had a rental years ago and sold due to foundation issues and have been on the sidelines since.  I have also worked in construction for the last 17 years as a project manager.  My market (Denver) is too high of an entry point for my liking, I would like a market I can pay cash for a property, looking about $150-175k max entry on purchase not including rehab.

I have been endlessly researching out of state markets and repeatedly find the same markets popping up.  Ohio, Indy, Florida, Carolinas, parts of Texas, even OKC.  But I see quite a few people recommending to go with what you know as well.  I used to live in New Orleans and have friends there I trust that would not have a problem checking on potential deals/rehabs/properties once closed.  Also have friends/family in other markets such as Mobile, AL-Buffalo/Rochester, NY-Nashville, TN-Dallas, TX.  

I understand numbers have to work but also wondering about more experienced investors input on this.  Don't reinvent the wheel and follow what other successful investors have done and get in the markets such as Indy or Ohio or.... go with what I know?

Thanks,

Jason