All Forum Posts by: Joseph Graeve

Hey@Michael Murphy

Good job taking initiative to post. It can seem pretty intimidating when you don't have cash or credit. Don't worry though, I started and did my first 10 flips all with other people's money. It just takes (in a very simplified explanation) reading books, listening to podcasts, networking LEARNING A LOT and then being able to convince an investor that you know enough to make a flip succeed, or even just wholesaling a property to make some quick cash until you have enough to do them on your own. hard money lenders are great in this scenario because they often will put up 90% of the deal and you just have to come up with interest payments and the 10%. Good luck. message me if you have any questions.

@Martha Blumel doing any deals up in Denver or just visiting for pleasure?

Hey @Jean Bolger Im interested. Please send me some details

Good Job taking the initiative @Chelsea Morrissette. Keep going to as many different ones you can and keep meeting people. @Connor Swalm had it right. Add value add value add value. Bigger pockets is essentially a big REIA and the more you add value here the more your name will get out as someone experienced. make that your goal. Read some good RE books (check blog posts and forum posts for which books to read) and learn as much as you can so you can answer newbie questions and add value wherever you can.

What are your goals for the next 6 months to learn REI and start taking action? The best way to learn are books, networking, and ACTION (knocking on doors, making cold calls etc)

@Account Closed

I'll email you for the position for Colorado. Let me know how I can help and what you've got going on here in Colorado!

That's awesome @Rod Khleif your podcast looks really value packed. Ill download a few and let you know what I think. My brother's company in Florida is the largest residential house flipper in Florida. I flip houses up here in Denver but if you'd like to get in contact with him let me know. His name is Chris Graeve.

@Hey Chris I have a deal under contract right now in Colorado Springs.
Purchase price- $208,000
Renovation-$80,000-conservative

ARV- $385,000 conservative- $410,000 possible


assuming 7% closing and commissions that's a 24% ROI in 4-6 months.

What kind of deals is your firm interested in and what partners are you looking for?

Hey @Jesse Hachey

Awesome idea making the switch to working for yourself and working towards acquiring assets. That is what this is all about!

I have flipped one property in Pueblo and still have one lease option in Pueblo West. There are definitely deals to be had there but be careful because there are areas I would advise staying away from.

Let me know if you want to come up to Colorado Springs to meet or if you're already going to a meetup up here I will join you. Talk to you soon.

Hey @Chris Slater I agree with @Kevin Grinstead. I first started out because my goal was to retire with 10 paid off rentals at 1000 a month each. I was going to get there by flipping. After flipping a few houses I discovered that I didn't want to retire any time soon anyways. my passion comes from challenging myself and learning and teaching other people. So I will probably keep flipping while putting profits back into flips and also into rentals. But I would be happy to teach you what I know. I have done all this while having a full time job as well. It is hard but possible!

Hey @Bob Collins

I own two lease options in Colorado Springs and have done 8 flips in the last 12 months specifically in Colorado Springs.

Its definitely an amazing market to get into if you can find the deals. Colin puts out great deals often. Also connect with a couple REIA's and find some wholesalers that work down here. I know of a couple That I could refer to you.

I also have some fix and flips under contract here I could tell you about if you are interested in passively investing in higher return investments.

Let me know if you have any questions or if I can help in any way.