In part 1 of this series, we looked at how to analyze the local market vs the national market to answer the question, "Is Northern Colorado a safe investment?" After answering that in the affirmative, we move on to define exactly what we're looking for. Our focus will be "Buy-and-hold" investments, which have about as obvious a definition as you'd expect. A buy-and-hold investment is one that you plan to buy and then hold for usually a minimum of 5 years to realize both appre

We recently hosted a real estate investing meet up of the same name wherein we looked at the general state of real estate in Northern Colorado, and then we dove into our methodology for analyzing properties. Our first big question: Is Northern Colorado a safe investment? We all remember the crash of 2008 and the strong real estate market that precipitated it—is this deja vu? Let's answer that by the numbers. When we hear that Northern Colorado has a crazy real estate market,

We've talked a lot recently about this Nomad real estate investing idea. But let's be honest, moving sucks. Especially as your family grows. Today, I'll walk you through our journey. And, show you with real numbers, where we started and how we began using our equity to propel us to the next level as investors. Fair warning, this will be a bit of a longer post, but the journey (and the people on that journey with us) is the best part of the story. When Dee and I married in May

Nomad is a buy-and-hold real estate strategy that—similarly to the sheep and goat herding strategy—involves temporarily occupying a place before pulling up your stakes and moving on. But that’s about all the two have in common. The nomad strategy we recommend for most people—especially if you're starting out: 1. Buy a multifamily using an FHA loan. 2. Rent the other unit(s) to offset your mortgage payment. 3. When you have >20% equity in your home, refinance into a convention

This past week, we hosted a real estate meet-up and focused on three different strategies in buy–and–hold investing: Turnkey, Nomad, and BRRRR. I've purchased rental properties with each of these strategies and no single strategy is necessarily better than another. I firmly believe each have their time and place. Today, we're going to revisit the real numbers, get "into the weeds" a bit, and discuss why this specific strategy fits well with my situation. Keep reading to see h

One of the most common sentiments we hear when real estate investing comes up in conversation is, "I would love to invest, but I don't have the money." And it just so happens that one of the most annoying things that real estate investors say is, "Money is not the limiting factor. There are always lenders to finance a good deal." And it's annoying because it feels untrue. "Money's not a limitation? Of course it is! What world do you live in?" is the natural gut response. In t

Whether you're starting out in real estate investing or you've just closed the deal on your third apartment complex, there is always more to learn. In fact, having the humility and curiosity of a lifelong learner is a big part of what separates the successful from the unsuccessful in this (or in any other) industry. Here are some book recommendations that are definitely worth your time. Happy learning :) Rich Dad, Poor Dad: What the Rich Teach Their Kids about Money That the