All Forum Posts by: Liam Alvarez

That makes a lot of sense—thank you so much for sharing your knowledge! I really appreciate your insights. I totally get what you’re saying, especially since I know my current market well, having lived here my whole life. Your advice makes me feel even more confident about starting my investing journey close to home!

Hi Ben,

Thank you so much for the warm welcome and thoughtful advice! I really appreciate the encouragement and the roadmap you outlined. I completely agree that diving in and learning as much as possible is crucial, and I’m eager to start attending meetups, connecting with other investors, and soaking in all the knowledge I can.

It’s reassuring to know that there’s no single “right” method and that it’s all about finding what fits my goals, skills, and financial situation. Focusing on my own backyard here in Colorado makes perfect sense, and I’m already looking into building a strong team of trusted professionals, including brokers, lenders, and property managers.

Your brokerage sounds like exactly the kind of resource I’d love to connect with—having an all-in-one solution and a team that genuinely looks out for investors’ best interests is invaluable. I’d definitely like to discuss how your team could help me on this journey and explore potential opportunities.

Looking forward to connecting!

Great! It sounds like you’re exactly the person I could gain some valuable insights from. Longmont and some of the other Colorado markets are definitely on my radar, so connecting with you would be fantastic. I’m excited to dive into your experiences and learn more about what makes these locations prime spots for investment!

Thanks for that information and perspective – it’s really helpful! I do have a few markets in mind that I’m interested in, including where I currently live and a couple of out-of-state spots that my partner and I love. With that said, I was wondering if these apps would be beneficial to us, especially since many of them come with a monthly fee.

Given that we already have a shortlist of areas, do you think investing in one of these tools is worthwhile at this stage? Or would you suggest other methods to gather data and insights before committing to a subscription?

Appreciate any recommendations you might have!

Hello BiggerPockets Community,

I’m in the process of finding the best tools to analyze potential investment markets, and I’m looking for some seasoned insights! I know apps like AirDNA are popular for assessing short-term rental data, but I’d love to hear what other tools or platforms you all use to evaluate markets and find promising investment properties.

Questions for You:

• What apps or resources do you recommend for analyzing real estate markets and identifying strong investment opportunities?

• How have these tools helped you in your investment decision-making process?

• Are there any specific features or data points in these apps that you find most valuable?

I’m especially interested in finding a tool that provides comprehensive data for both short-term and long-term rental analysis, along with market trends and financial forecasts.

Your feedback would be incredibly helpful as I narrow down my options and choose the best app for my investment journey. Looking forward to learning from your experiences and getting some valuable recommendations!

Thanks in advance for sharing your knowledge!

Best,

Liam

“Thank you for the information. I plan to attend some meetups and have also reached out to a few real estate agents. As a beginner, what should be my first step?”

Glad to be here and excited to get started. I’m feeling a bit overwhelmed, though. Where would be the best place to begin?

Thank you! Excited to be diving into the investing world and learning from experienced folks like yourself. Looking forward to the journey ahead!

Hi koren,

Thanks so much for the warm welcome! I'd love to get some guidance on where to start, especially in terms of the best locations in the area for investing. I'm also looking for recommendations for a good realtor who understands the STR, MTR, and LTR markets, as well as any advice on financing options you'd suggest.

Appreciate any insights you can share – looking forward to learning from your experience!

Thank you so much for the warm welcome! I'm really glad to be here and excited to connect with experienced investors like yourself. STR strategy is definitely something I'm interested in exploring, and it's great to know you're a realtor who works with investors.

I'd love to have a chat to dive deeper into my goals and hear more about how you could support me on this journey. I'm just starting out, so any guidance on getting into the Colorado market and understanding the STR landscape would be incredibly valuable.

Looking forward to connecting!