Harry M.

Dallas, Texas

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IM:
Profiles:

My wife and I are small buy and hold real estate investors. After several years of getting our financial house in order - paying off our home mortgage, paying off consumer debt, saving money - and a whole bunch of reading about REI on the internet, we took the plunge in 2010 and bought our first two properties, a duplex and SFH, which we are holding as rentals.

Our focus now is to continue learning, keep building relationships, and keep saving money for our third property, which will be another duplex or possibly a quad.

Our plan is to continue adding properties over time, and building semi-passive income. For the immediate future, these will mostly likely be 2-4 unit properties, paid for using conventional financing. For further down the road, we are weighing up the options, considering rehab-to-rentals using cash, owner financing, transitioning to larger properties (apartment complexes), or just getting to 10 or so properties and paying them off.