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Michael P.

Dallas, Texas


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I have been investing in DFW real estate for the last 4 years. While I do an occasional wholesale deal I mainly concentrate on residential Buy, Rehab, Sell strategies. I came to BiggerPockets to learn about Commercial Deals. My current goal is to put together a GP/LP group and purchase an Apartment Complex.

Experience

Full time rehabber for the last 4 years. I have also done some wholesale deals but rehabbing has been my main concern. I Have gotten very good at analyzing deals. I can walk a property and in less than 5 minutes know if I will be making an offer or not.

When I first got started I had no idea how to repair houses. I remember a small hole in the sheetrock scared me. I would say whoah how do you fix that. Now the entire house could be falling down and I would not be scared.

While I now sub out a lot of the work I have done just about everything and taught myself a lot. I would say I am a pretty good handyman at this point.

I have my real estate license in Texas and recommend anyone who is serious should do the same. I have probably saved around 100k+ by having my license.


Real Estate Goals

I have made a nice living for the past 4 years and it has afforded me a pretty good lifestyle. The problem is without another deal I just have to live off savings. I would like to venture out from my comfort zone of rehabs and get into something that lends me a monthly income. My current goal is to find an Apartment complex and purchase it.


Currently Seeking

I am currently seeking the knowledge to branch out and buy an apartment complex. I feel like I am almost starting my real estate career over again. I feel the fire I once had many years ago when I tried to do my first real estate deal. I look forward to learning all about apartments. I don't remember any fear when I did my first house deal and I feel much the same way now. Doing a multi million dollar apartment complex purchase just seems natural.

I am here to learn all there is to know about Commercial property. You can only learn so much by reading so once I feel very comfortable I plan on taking the leap and buying something. You don't really get your true education until you buy. That is when you really learn.


About Me

Began Investing December 2005
Member Since October 28, 2009
Website

Statistics

Last Active 3 days ago
Forum Posts 72 posts
Influence 804
Referrals 0

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