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All Forum Posts by: Sebastian I.

Sebastian I. has started 4 posts and replied 16 times.

@Patrick Houlihan you’re welcome. I relocated here to FL for work from NJ and it is a place of opportunity compared to where I’m from, Central FL in general. I’m looking to start buying and renovating. Many single family homes in 100k ballpark and less.

@Patrick Houlihan Lakeland is nice because centrally located to Tampa and Orlando. Lots of potential there in my opinion.

Looking for a broker who specializes in Northern NJ multi-families. Thinking about taking a small home equity loan to purchase a 4-plex and need someone good. I'm based in Jersey City and I'm thinking Montclair/Bloomfield or somewhere else. Open to ideas. I could probably put down around 50K and am not opposed to fixer-uppers.

Post: High Cap Rates in Colorado

Sebastian I.Posted
  • Lakeland, FL
  • Posts 16
  • Votes 5
Just wanted to say thank you for all the valuable info here. Didn't get any emails from BP that there were comments being made. Would have chimed in earlier! Anyway, probably somewhat out of confirmation bias due to recently investing myself in CO, I agree with the post above that Denver is cheap compared to coastal cities. Also I just read that Boulder has more software engineers per capita than anywhere else in the country. Considering the direction of our economy (more automation/AI etc.) and the fact that Colorado is beautiful, how can Denver/CO not continue to grow?
Just purchased a second home in Lakewood, CO and couldn't be happier because CO is awesome and want to live there full time one day, but it definitely feels like I bought at the top of the market and that CO will slow down in growth for a while as other nearby states legalize pot. Wondering what other people's thoughts are on CO going forward? Honestly, though I'm probably biased here, but I think CO has a great future going for it. Will be the best state in the mountain time zone in terms of job opportunities etc. Read recently that Boulder has highest amount of software engineers per capita in the country. As our economy further automates and modernizes, CO will be a great place to find talent, and it's still much cheaper than east or west coasts. Do you guys agree or disagree with me?

Post: High Cap Rates in Colorado

Sebastian I.Posted
  • Lakeland, FL
  • Posts 16
  • Votes 5
Adrian Tilley I was more wondering if anyone had any ideas on general areas that are looking like good investments with high returns. I'm not from CO but moving there soon due to a much needed life change. I'm selling some property I have in NJ and would like to put it to good use and generate as much income as possible in CO. I'm moving there in May and looking to put down around $200K.

Post: High Cap Rates in Colorado

Sebastian I.Posted
  • Lakeland, FL
  • Posts 16
  • Votes 5
Does anyone know of or have any thoughts on finding properties with high cap rates in Colorado?
Haha Chad Hawkins awesome man. This whole post! Thank you and I'll make sure to bring the knots!!
You've given me some things to think about Kyle McCorkel . I would sell in NJ and leave right away, but I got in at just the right time in Jersey City and I think there's still a lot of upside there. It's like having a place in NYC but at half price, my place in NYC would be double the price, and the area keeps getting nicer. Since we are in NJ, we also don't pay NYC's city tax, so I think that is going to keep driving people there. I just want to be out west though, LA or Denver, or somewhere nice and outdoorsy with a good economy. I grew up in NJ and I'd like to leave ASAP lol. Great place to make money though.
Thank you Jd Martin !