God and family take priority. Real estate investing helps me live my priorities. It allows me to be as passive or as active as I want to be. It coexists well with another career. It can serve you and your heirs indefinitely.
I've owned and flipped a few properties over the past 20 years, but starting in 2008, I've gotten serious about REI.
In 2008 I bought an office building which I still have and plan to keep, as the area is seeing redevelopment.
In 2009 and 2010 I acquired a portfolio of single family homes. I bought most of them through the HUD auctions, but picked up some REO's, too. I flipped a few, but kept most for income.
In 2010 I bought a ranch that is my homestead. I've since added a pond, a small lake, a cabin, and a shop with apartment over it.
In 2011 I started building and selling spec homes in Austin.
In 2012 I flipped a ranch. I bought a 7000sf unfinished foreclosure, 50 plus acres surrounding it from different owners, finished the home, and sold the entire property.
In 2013 I am working on several new home builds. They are typically 1500-2100 SF and sell for $350K-$550K.
2014--Currently have 25 new spec homes in process or planned. Selling off SFR rentals.
25 new home starts over the next 18 months.
Money partners for new development projects.
Member since December 18, 2008 (last active 2 minutes ago)