All Forum Posts by: Zachary Alley

I'm looking to connect with investors who either recently househacked or are currently househacking in the Denver/Boulder area and/or a similar market elsewhere in the country. I've done the research on getting started with FHA loans, etc., but would love to hear some concrete success/struggle/failure stories so I have even a better idea what to expect.

Please feel free to contact me or post here so others can benefit from your testimony - I'd love to also chat in private messages or meetup if that makes the most sense.  Thanks in advance!

Thanks @Jared Bouzek. I don't want to be impatient with my decision to invest but I want to get started. My wife is a full time phd student at Boulder and until she's done, lower money down is our best option. So I guess my choice is between FHA now or conventional in another year or two. I appreciate your incite.

Hi all - I've been considering house hacking my way into my first multi family in the Denver/Boulder area. I work closer to Boulder so anywhere in between works. I was thinking of using FHA despite the insurance costs but I rarely see opportunities around. Is it just me or are deals very rare around here? Also, given the cost of real estate in the Denver/Boulder area, is FHA a bad idea? Grateful for any thoughts!

Currently in Broomfield, CO looking to get started.  The question is when and where, not if!  I've been in the area for 3 years and the market is still slightly confusing to me (grew up in a tiny town where the nicest properties were fixer-uppers).  I'm looking to start building a solid network and/or find a partner to work with!  Thanks in advance for any points of advice.

I wouldn't necessarily call this a simple situation but I'd see what you can do to mobilize a team on your behalf. Do you have a support system? Someone to visit properties? Someone to estimate rehab? Management? Etc. I haven't been in the situation myself but a relative of mine is able to move quickly on deals out of state because his team is established and it frees him up to not worry about getting to every property himself.

Hi all - first post here ><

I grew up around real estate investors and have been studying for a while.  I feel like my next step in the process is actually doing a deal, but unless I pursue a partnership out here in Denver/Boulder, I will be waiting until my wife finishes her PhD to actually get started (It'd probably be best for her to be employed).  Should I try to contact an investing agent even if I might not be doing a deal for another year (plus)?  Is this something an agent might find annoying?  Thanks in advance!

I'd absolutely continue to contribute.  It may not be the main source of your retirement funds but it's a fantastic way to stay diverse and you can play it relatively safe with choices like ETFs and Mutual funds that you can sit on and be "hands-off."  I would decide how much you can contribute without interfering with your ability to jump on a great deal - maybe the full limit isn't right for you.