New Investor from Dallas, TX

[Blake Armstrong]

Hello! I am a completely new investor with 0 real estate experience living near Dallas, TX. I am currently looking for buy and hold properties to supplement my current 1099 income, so cash flow is important. I'm 26 years old who is green between the ears, but very eager to gain knowledge however I can and from whoever I can. I'm looking for a local REIA and a mentor to help me get started.

Any thoughts, suggestions or questions are greatly appreciated!

[Melissa Justice]

@Blake Armstrong,

Welcome to the community! Cash flow is definitely key when you’re self-employed, and the good news is that there are plenty of opportunities to get started without needing tons of experience.

A couple of thoughts:

Local REIA: Dallas has several active REIAs where you can meet investors, lenders, and property managers face-to-face. That's a great place to start building your network.

Mentorship: Learning directly from people who are actively investing will save you from costly mistakes. Don’t be afraid to reach out to experienced investors on here.

Strategy: Since cash flow is your focus, you may want to look into turnkey buy-and-hold rentals in landlord-friendly states (Texas, Midwest, Southeast). Some of these are even new builds that come pre-leased, so you start cash flowing from day one with property management already in place.

Always happy to share what has been working for investors in different markets, including TX. Best of luck!