All Forum Posts by: Ty Kayton

@Account Closed @Bill S.- Interesting input from you both. I've spent the last few days looking into some local & rural properties and I am actually going to check out a couple potential deals this week in my local market. I have family near the areas in CO that you mentioned and I'm going to do a little research in those areas as well. Appreciate the insight! 

@Frederick Kirk Wendel - I'm ready to jump in. It's not my nature to stay on the sidelines for too long - albeit I like to make my moves deliberate and well-researched. Although I don't have a lot of specific investing information to add, I will gladly offer up information from my experience in construction on the forums. Thanks for the introduction!

@Justin Dossey - Thanks for the intro. Really like the Castle Rock area. We were looking to make a move out there a couple years ago and were looking at places in Castle Rock and Lone Tree. Hope things are well in St. Louis and hope to see you around on the forums.  

@Tammy Tivis - that you for the reply. I will check out the webinars in addition to the podcasts I already listen to. 

@Bill S. - Thank you for the suggestion. I've looked locally to some degree, but haven't yet found anything that I think is worth investing in. I am trying to analyze potential deals, but I'll need more experience before I'm confident that I'm doing so correctly. 

To ask a specific question - one thing in this area that I would be worried about would be resale when I wanted to get rid of the property. I worry that I would have a tougher time finding buyers in a market that isn't experiencing a big growth and therefore demand. I flipped my first house and sold it within days of listing. How should this factor in to my decision on where & how to invest? With my goals in investing, I don't know if Scottsbluff / Gering would be a place I wanted to be long-term. Appreciate any feedback you can provide. 

@Jared Bouzek, @Andrew Syrios - Thanks for the introductions, guys. I'm very excited to utilize BP's resources and start pursuing deals.

@Phillip Bicker - Hadn't really thought of exploring Springs, but certainly won't rule it out. Thanks for the tip. Growing up a couple hours outside of Denver, I'm more familiar with that area so that just seemed logical to me, although I also know it's very hot market which is intimidating as a new investor. Appreciate the feedback. 

Hello BiggerPockets, 

My name is Ty Kayton. I am construction professional in my mid-20's looking to develop a real estate investment portfolio. My wife is an RN working on her Master's, which will allow her to practice as a Midwife. We are currently temporarily located in the panhandle of Nebraska, around 2 hours north of Fort Collins. We will be moving to Colorado (likely somewhere in the Denver metro) within 2 years as our career winds are blowing in that direction and she is originally from there. 

I have worked in both residential & commercial construction for the better part of a decade, in all facets. I've worked as a carpenter for others, owned my own business, and (currently) as a project manager for a mid-size GC headquartered out of Lincoln, NE. 

My aim is to build on my foundational knowledge of construction & real estate (I've had a number of family members that have worked or currently work as real estate agents) into a successful real estate investing career. 

My only experience in real estate investing is a successful flip of a single family home that my wife & I lived in while renovating. We were able to do most of the work ourselves and realized a nice profit on the flip while still both working full-time. My wife and I would like to begin investing while still maintaining our collective income, which is around $120k a year. Multi-family investing is what appeals most to me, but we are flexible and I'd like to learn about all different strategies to find a best fit. 

I have listened to many of the podcasts and been reading the articles on the site, and this has fueled my desire to pursue this endeavor. I am eager to draw on the experiences of those of you willing to share your knowledge. As I alluded to before, I want to turn my understanding of construction and real estate into successful investing (I know that I have much to learn, and am excited to do so).

Hope this wasn't too long-winded (this is literally the first time in my life I've ever posted to a forum of any kind). I look forward to connecting and learning about effective investment strategies with you all. Would love to start establishing some contacts, especially in the Denver and northern Colorado area! Thanks in advance and look forward to hearing from you all. 

tk