New from Dallas (Multi-Family or SFH investing)

New from Dallas (Multi-Family or SFH investing)

Rental Property Investor · Plano, TX · Member since 2014 · 54 posts · 19 votes

Hi all, I just joined the site a couple of days ago, and already I’m hooked. So much helpful and interesting information! I am mostly here to learn as much as I can while I am saving up the down payment for my first investment property. I’ve been leaning toward multi-family investing (want to buy a fourplex), which will take longer to get started, but which (I’m hoping) will cash flow better. However, the more I read, the more I’m becoming open to the idea of single family homes as well, which would allow me to make my first purchase much sooner. Also, I discovered a major flaw in my math after listening to a BP podcast yesterday (Thanks, guys!), so now I’m re-evaluating… I’m looking forward to meeting other like-minded investors, especially in the Dallas area. I’ve also met with a couple of local groups (Lifestyles Unlimited and NTAREA). Any opinions on the best local groups to join are welcome — also, please add me if you’re in the area and want to network. I won’t bother you; I’m just trying to learn more about the local market, so if you write a blog or an article, I will probably read it. Thanks!!

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Investor · Member since 2013 · 92 posts · 26 votes
12y

@Laurie Williamson , are we the same person? I'm a 37-year-old mom of two boys in Richardson. We're super-close, so we should have lunch or a playdate sometime!

My husband and I are aspiring buy-and-hold investors. We have one SFR, one in the pipeline, and are looking for another right now.

EDIT: I'd also recommend NOT joining one of those paid groups/courses right now. Everything you need is right here on BP without paying thousands before you even have a chance to get started.

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  • Wholesaler · Dallas, TX · Member since 2014 · 137 posts · 28 votes
    12y

    Hey Laurie,

    Welcome to BP. You are right. There is so much to learn here and you can pretty much get anything answered here if you simply ask.

    Don't forget to check out the podcasts and the forums. It's a wealth of info in just those two things.

    Also set up keyword alerts for whatever you're interested in. You'll get an email whenever that topic is talked about.

    I'm a wholesaler out of Dallas but I'm in several different markets also. Maybe we can meet up one day for a cup of joe and talk real estate.

    Looking forward to talking to you soon and good luck on your REI journey!

  • Investor · Member since 2013 · 92 posts · 26 votes
    12y

    @Laurie Williamson , are we the same person? I'm a 37-year-old mom of two boys in Richardson. We're super-close, so we should have lunch or a playdate sometime!

    My husband and I are aspiring buy-and-hold investors. We have one SFR, one in the pipeline, and are looking for another right now.

    EDIT: I'd also recommend NOT joining one of those paid groups/courses right now. Everything you need is right here on BP without paying thousands before you even have a chance to get started.

  • Investor · Longview, TX · Member since 2012 · 631 posts · 186 votes
    12y

    @Laurie Williamson hey Laurie, Welcome to BP community. Yes there is so much to learn and help is available. Check out the books available from J Scott and BP. Have Fun.

  • Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 31k+ posts · 20k+ votes
    12y

    Welcome to the site Laurie.

  • Rental Property Investor · Plano, TX · Member since 2014 · 54 posts · 19 votes
    12y

    Thanks, everyone! Anthony, I don't know much about wholesaling, but am interested in learning. I'm adding you to my colleagues and a cup of joe sounds good, especially after I have read up a little on the topic and am a bit more informed. Jessica G, I would love to meet for lunch or a playdate! Adding you and will send you a PM.

  • Wholesaler · Arlington, TX · Member since 2013 · 59 posts · 29 votes
    12y

    There's a monthly BP meet up usually in Irving if you'd like to network. Highly recommend the podcast, forums, and blogs as well.

    Cheers!

  • Investor · Mckinney, TX · Member since 2014 · 47 posts · 61 votes
    12y

    Hello from Mckinney, Texas! Welcome to BP. My husband and I are new as well and also looking to meet up with other investors in the area.

  • Rental Property Investor · Plano, TX · Member since 2014 · 54 posts · 19 votes
    12y

    Hi Henry and Karen! Thanks for the welcome. Henry, I will look into the meetup. Thanks for the tip!

  • Real Estate Investor · Cleveland, OH · Member since 2013 · 301 posts · 112 votes
    12y

    Welcome to BP Laurie!

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