NEW: BP Podcast 66: Flips, Apartments, & Protecting Yourself From Professional Tenants with Michael Blank

Hide this

From the BiggerPockets Blog

 BiggerPockets Blog »

Jump to Forum View All

Click a category below to view different forum categories.

BiggerPockets

General Info

BiggerPockets Q&A, Site Questions, & Announcements

1516 topics, 14406 posts — Last Post 04/19/14, 03:56PM

BiggerPockets Exclusive PRO Area

117 topics, 839 posts — Last Post 04/18/14, 05:47AM

New Member Introductions

10895 topics, 85685 posts — Last Post 04/19/14, 04:52PM

Real Estate Success Stories

396 topics, 6161 posts — Last Post 04/19/14, 05:20PM

General Real Estate

General Real Estate

Buying & Selling Real Estate

5941 topics, 46813 posts — Last Post 04/19/14, 05:26PM

Renters

643 topics, 5817 posts — Last Post 04/19/14, 09:29AM

Get Foreclosure Help - Help Stop Foreclosure Forum

316 topics, 2557 posts — Last Post 04/16/14, 03:58AM

Home Owner Association (HOA) Issues & Problems Forum

237 topics, 1609 posts — Last Post 04/17/14, 08:53AM

Do it Yourself

654 topics, 6265 posts — Last Post 04/19/14, 10:16AM

Reviews & Feedback

Real Estate Deal Analysis and Advice

3683 topics, 29518 posts — Last Post 04/19/14, 04:59PM

Real Estate Guru, Book & Course Reviews and Discussions

1133 topics, 11562 posts — Last Post 04/19/14, 12:17PM

Ask About A Real Estate Company

741 topics, 7322 posts — Last Post 04/19/14, 04:25PM

Real Estate Investing

Real Estate Strategies

Wholesaling

5605 topics, 43748 posts — Last Post 04/19/14, 05:16PM

Rehabbing and House Flipping

3334 topics, 31003 posts — Last Post 04/19/14, 01:08PM

Real Estate Development & New Home Construction

553 topics, 4684 posts — Last Post 04/19/14, 12:13PM

Innovative Strategies

703 topics, 6027 posts — Last Post 04/18/14, 08:48AM

Tax Liens, Notes, Paper, & Cash Flows Discussion

866 topics, 6678 posts — Last Post 04/19/14, 06:06AM

Rent to Own a.k.a. Lease Purchase, Lease Options

693 topics, 4902 posts — Last Post 04/19/14, 04:53PM

1031 Exchanges

143 topics, 1054 posts — Last Post 04/18/14, 08:41AM

Foreclosure Investing

General Foreclosure & Pre-Foreclosure Forums

1687 topics, 11287 posts — Last Post 04/19/14, 02:42PM

HUD, VA, and Tax Sales

414 topics, 3089 posts — Last Post 04/18/14, 12:05PM

REOs

1214 topics, 10576 posts — Last Post 04/19/14, 11:48AM

Short Sales

1534 topics, 13120 posts — Last Post 04/17/14, 04:44PM

Landlord & Tenant Forums

Landlord & Rental Property Questions

7205 topics, 70768 posts — Last Post 04/19/14, 05:36PM

Mobile Homes & Mobile Home Park Investing

638 topics, 5141 posts — Last Post 04/19/14, 09:49AM

Investor Basics

Starting Out

7704 topics, 60484 posts — Last Post 04/19/14, 05:32PM

Investor Psychology

431 topics, 6104 posts — Last Post 04/18/14, 06:08PM

General Real Estate Investing

4718 topics, 37213 posts — Last Post 04/19/14, 04:55PM

Real Estate Investor Marketing

1731 topics, 14094 posts — Last Post 04/19/14, 06:39AM

Commercial Real Estate

Commercial Real Estate Investing Forum

1410 topics, 8994 posts — Last Post 04/19/14, 04:34PM

Multi-Family and Apartment Investing

1109 topics, 9235 posts — Last Post 04/19/14, 05:37PM

The Business of Real Estate

Real Estate Technology and the Internet

Real Estate Technology, Social Media & Blogging

642 topics, 4897 posts — Last Post 04/19/14, 11:10AM

Business Basics

Goals, Business Plans & Entities

831 topics, 7562 posts — Last Post 04/18/14, 04:25PM

Real Estate Finance & Legal

Financial, Tax, and Legal

Tax, Legal Issues, Contracts, Self-Directed IRA

2786 topics, 20013 posts — Last Post 04/19/14, 03:42PM

Property Insurance

309 topics, 2045 posts — Last Post 04/17/14, 07:41PM

Personal Finance Discussion

328 topics, 2731 posts — Last Post 04/18/14, 04:33PM

Loans, Mortgages, Credit Lines

Private & Conventional Lending Discussion

2834 topics, 19701 posts — Last Post 04/19/14, 05:16PM

Creative Real Estate Financing

1209 topics, 8769 posts — Last Post 04/19/14, 06:24AM

Crowdfunding Real Estate

35 topics, 461 posts — Last Post 04/18/14, 05:17PM

Real Estate Professionals

Real Estate Professionals

Real Estate Agents

1210 topics, 7989 posts — Last Post 04/19/14, 08:04AM

Bankers, Lenders, and Mortgage Brokers

442 topics, 1923 posts — Last Post 04/19/14, 03:56PM

Contractors

268 topics, 1678 posts — Last Post 04/19/14, 03:38AM

Local Real Estate

Local Real Estate

Local Real Estate Networking & Recommendations

1990 topics, 11612 posts — Last Post 04/19/14, 02:11PM

Americans & International Real Estate

161 topics, 566 posts — Last Post 04/14/14, 11:19AM

Foreigners Buying in the USA

62 topics, 409 posts — Last Post 04/10/14, 06:27AM

Canadian Real Estate

64 topics, 428 posts — Last Post 04/18/14, 04:22AM

Marketplace

Real Estate Marketplace

Real Estate Marketplace

15018 topics, 53958 posts — Last Post 04/19/14, 05:23PM

Real Estate Events and Happenings

164 topics, 2514 posts — Last Post 04/19/14, 01:13PM

Off-Topic

Off Topic

Off-Topic

2905 topics, 32411 posts — Last Post 04/19/14, 08:03AM

Housing News & Real Estate Market

914 topics, 8351 posts — Last Post 04/17/14, 08:41AM

BiggerPockets Real Estate Investing Summit

97 topics, 1751 posts — Last Post 04/10/14, 02:27PM

BiggerPockets Resources

Forums » New Member Introductions » New Member from Austin area

New Member from Austin area

12 posts by 9 users

Signup

· Elgin, Texas


Howdy All! We are Turning Point Properties, a group of 3 investors with totally different backgrounds, personalities and interests. The thing we share in common is our passion for RE investing. My brother, Larry, is a true entrepreneur, a seasoned investor and former broker, my partner Terry is great with construction and maintenance issues, and I'm Becky, the bird dog, though I'd prefer to be an eagle with an eye for some promising properties. We are all learning the Austin and surrounding area markets, and are looking for possible wholesale deals, a few fix & flips and 1-2 rentals to hold.

We all have different reasons for becoming investors but I can only speak for mine. I run an equine assisted therapy facility and it takes money to keep it going. It is my dream and goal to be able to offer free or very low cost outpatient services for eating disorder clients who cannot afford therapy due to insurance coverage exclusions. I'm also gearing up to offer transition services to returning veterans for a better reintegration into civilian and family life from active duty.

Larry says REI is totally a numbers game, so he tells me to put in "hundreds of offers" to find a few that work. We have some offers in now, but I'm finding it takes lots of time to find properties that fit the formula we need. , I'm looking forward to learning as I go, learning from others who have been there and in turn helping others in the future.



Real Estate Investor · Austin, Texas


Welcome @Becky S. to BP. The Austin group is having another meetup on March 2. Hopefully you can join. @Bryan Hancock will be providing additional details as they become available. I suggest you setup a keyword search for "Austin" so you can see any Austin related discussions (including the details for the meetup). Enjoy!



Rehabber · Lexington, Kentucky


Welcome to BP Becky, it sounds like you guys have a dynamic partnership going on. It is always a good thing when each partner can provide unique skills, expertise, experience and views to the table, which it sounds like your partnership achieves.

I am not sure about your market but in mine I do not need to put in hundreds of offers, it is more about making the right offers. There are a lot of different views on making offers, but I would much rather put in more time evaluating deals and going after properties I know I have a good shot at then putting in 100s of low-ball offers. Another thing to consider is your reputation...you do not want to be known as the people who make ridiculous offers.

Anyways, good luck and I hope to see you around the forums and blogs!


Small_kvJames Vermillion, K&V Investing
E-Mail: [email protected]
Telephone: 859-684-2511
Website: http://www.kandvinvesting.com
Invested in the Bluegrass!


Rehabber · Austin, Texas


Hi @Becky S.!
I am an wholesaler & rehab investor in the Austin area. Message me what areas you guys are looking in and I will put you on my list.
Your business sounds amazing.... glad to have you with us here in Bigger Pockets!


Small_i_buy_austin_houses_full_color_logoJason Grote, I Buy Austin Houses
Website: http://www.ibuyaustinhouses.com
Austin, Texas Home Buyer


· Elgin, Texas


Thanks for the heads up, Raquel. I will definitely check it out.

James, your post says it all. I feel the same way, though my partner feels quantity is the name of the game in our area. There are a lot of investors in our area now. It takes time to sort through and pick the deals that make sense and those are snapped up quickly. I have learned to act fast. But yes, rather than making tons of offers, I would rather analyze and focus on those properties that are more promising. Quality over quantity. Thanks for the welcome.



Real Estate Investor · Garland, Texas


Welcome to BiggerPockets, Becky. I agree buying houses wholesale is a numbers game. You have to see many homes to get to the winning investment, but that does not mean making offers on each one of them. Making hundreds of offers to buy one is a waste of time, your time, you owners' time, the agents' time.

However, it is not a waste of time to market to hundreds and thousands of property owners to get to the deal. Make offers to the qualified ones. Qualify first, ideally your marketing will do most of the qualifying, and then make offers to the truly motivated sellers.

I have a special needs son who did a couple of years worth of hippo therapy at Equest near Dallas. He loved it. It's great to have a Big purpose behind our investing. Glad to have you with us.


Jon Klaus, SellPropertyFast
E-Mail: [email protected]
Telephone: 214-929-6545
Website: http://www.facebook.com/Buttermilks


· Elgin, Texas


Hi Jon, thanks for the clarification on wholesaling and finding the gems through marketing. So far, most of ours have been through MLS listings, but I designed and am ordering marketing materials this weekend. You are right on with finding motivated sellers. Not as easy to do on MLS.

Good to hear your son benefitted from equine assisted therapy, and I'm glad to hear from a member who understands how horses can be a healing force.



· Georgetown, Texas


Great to hear from you Becky. We'll look forward to meeting you at the next meet-up if you can make it. The last one was great!



Developer · Austin, Texas


Welcome, @Becky S.. There is a big group of Austinites on this list doing many different things.

I look forward to meeting you at one of the meetups.

Lynn



· Elgin, Texas


Thanks everyone! I'm looking forward to the next Austin meet up and will check out Austin on BiggerPockets to see what comes up.

~Becky



Real Estate Investor · Round Rock, Texas


Update on the meetup:

I called Casa Chapala again today and put in a message for the person I am corresponding with. Hopefully we'll have clarity on whether or not this is a suitable venue Monday of next week.

If we flunk here I'll find something else.


Small_inner10_logo__updated_Bryan Hancock, Inner 10 Capital
E-Mail: [email protected]
Telephone: 1-800-577-0401
Website: http://www.inner10capital.com/invest/
Join Our Investor Base - Currently Growing 12% Per Week


Real Estate Investor · Austin, Texas


@Becky S. Still looking for properties in Austin?


Lamar Cannon, LamarBuysHouses.com
Website: http://LamarBuysHouses.com
Meetup: Facebook.com/TheCashFlowParty




Sign up