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Updated about 9 years ago on . Most recent reply

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Tony Eschete
  • San Antonio, TX
6
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30
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Real Estate Investing While Working in the Oil Field

Tony Eschete
  • San Antonio, TX
Posted

Hey BP, I am new to the site,  I live in San Antonio and am looking to invest in rental properties. My goal for 2016 is to get familiar with my market, do my homework, and talk with local investors to prepare my self for my first deal which I plan to have done by 2017. 

I work in the oil field and I am away from home a great deal due to my schedule. I work 10 days in the field and get 5 days off, so my extended time off can be very productive but my time on is spent away in rural areas of South Texas and for the most part un-available.  

I was curious if there are any investors on the site that are in a similar situation, and if so do you have any advice for someone starting out. 

I look forward to hearing from you all.

Thanks,

Tony

Most Popular Reply

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1,793
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1,387
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Cameron Tope
  • Property Manager
  • Katy, TX
1,387
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1,793
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Cameron Tope
  • Property Manager
  • Katy, TX
Replied

Tony,

I work in the oil and gas business as well. I rotated 2 weeks on, 2 weeks off when I first started. Like you I spent the majority of my time educating myself before I actually bought my first deal. 

I've said this numerous times on other posts but start out with your goals. Sounds like you have a short term goal on completing a deal by year end but what is the purpose of that goal? 

Create long term goals that are anchored to your purpose then build a damn good team around you, that's how to be unstoppable. 

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