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All Forum Posts by: Logan Ashley

Logan Ashley has started 2 posts and replied 4 times.

Post: What should be my next step?

Logan AshleyPosted
  • Posts 4
  • Votes 4

I am new to the Bigger Pockets community and what a wonderful resource it is! It's awesome to find a community and resource like this when you are just getting started as I am. My husband and I are in our 20's and we are now realizing that we don't want to live our lives in the same way our parents have done (trading our time for money). We are taking the preliminary steps of reading, listening to, and learning everything we can to inform our actions and next steps in the process of acquiring our first investment property. At this point, I would say that the hardest part of getting started is understanding what your next steps should be. So far, I have read almost all of Robert Kiyosaki's books, played the cashflow game, purchased some gold and silver, followed podcasts/online educational resources, and am currently reading Ken McElroy's book "The ABC's of Real Estate Investing." I am also following along with the action steps and investing time into studying the Denver market in order to get an idea of how assessing markets and submarkets should be done. We have made a goal of purchasing our first small multi-family  property within the next 12 months. We are deciding what our strategy should be which is most likely going to be househacking perhaps in combination with STR. I am currently learning about creative financing/ low and no money down options because we aren't going to let our lack of capital hold us back when we know there are ways to make it happen. I think now, we just need to meet more people who are out there doing what we want to do!

Quote from @Ben Einspahr:

Hello @Logan Ashley. You have picked an excellent place to start. Here are a few we have referred out to clients in the past that are investment friendly:

Option 1

Geoffrey N Geever, CPA

Managing Partner

GCK Accounting, LLC

1776 S. Jackson Street #212

Denver, CO 80210

Phone: (303) 222-1616

Option 2

https://singularcpa.com/

However, before reaching out to these recommendations, I would first connect with an investment friendly lender to help create a business plan from a lending prospective. That way you will have an idea what your buying power is our what you need to do in order to reach that buying power goal. After that, I would connect with an investment friendly agent that is familiar with the area and strategy in which you are looking to invest.

If you would like, I would be happy to send a couple your way.

Hope you find value in this message!


 Thank you ! I appreciate your response and would be happy for you to send me that information. 

Hi All! I am new to the Bigger Pockets community and REI. My husband and I have made a goal to purchase our first rental property within the next 12 months or sooner. We are looking to set up an LLC and to better understand the best tax structure for our business before we purchase our first property. Any REI friendly attorney and CPA recommendations in the Denver area?

I am new to the Bigger Pockets community and what a wonderful resource indeed! It's awesome to find a community and resource like this when you are just getting started like I am. My husband and I are in our 20's and we are now realizing that we don't want to live our lives in the same way our parents have done (trading our time for money). We are taking the preliminary steps of reading, listening to, and learning everything we can to inform our actions and next steps in the process of acquiring our first rental property. At this point, I would say that the hardest part of getting started is understanding what your next steps should be. So far, I have read almost all of Robert Kiyosaki's books, played the cashflow game, purchased some gold and silver, and am currently reading Ken McElroy's book "The ABC's of Real Estate Investing." I am also following along with the action steps and investing time into studying the Denver market in order to get an idea of how assessing markets and submarkets should be done. We have made a goal of purchasing our first cashflowing small multi-family rental property within the next 12 months. We are deciding what our strategy should be which is most likely going to be househacking perhaps in combination with STR. I am currently learning about creative financing/ low and no money down options because we aren't going to let our lack of capital hold us back when we know there are ways to still make it happen. I think now, we just need to meet more people who are out there doing what we want to do! Hope that answers your question!