Homeowner · 1339 Lantern Faith Drive · Member since 2026 · 1 post · 1 vote
Hey , Just wanted to say hi. I'm very new just bought a STR in BrokenBow. Now 'Im looking to invest in something else, living in the North Dallas area. Still dont know what Im doing. Im also looking to network with other like minded people
@Howard Ingalls welcome. Honestly nobody really knows what they're doing on the first couple, me included. You already bought one, which puts you ahead of a lot of people still reading. Before the next one I'd look at how Broken Bow has actually done compared to what you expected going in. Your own real numbers will teach you more than anything. Local meetups around Dallas are a good place to find people too. Best of luck with the next one.
@Howard Ingalls Congrats on your first STR in Broken Bow! That's an exciting start. If you're looking to expand your real estate investments, I'd be happy to help explore some lending options for your next deal. Feel free to reach out anytime. Always happy to connect with fellow investors!
Welcome, Howard, and thanks for your service. Getting the Broken Bow cabin done already puts you ahead of most people still reading about it. Before picking the next one, I'd look at 6 to 12 months of real numbers on the cabin and decide whether you want a second STR or something steadier closer to home, like a long-term rental around DFW. On the financing side, if you have remaining VA entitlement, a 2 to 4 unit you live in is a common way to grow with very little down, and once you're holding several investment properties, DSCR loans qualify off the property's rent rather than your personal income. Disclosure: I'm a loan officer in Texas and Arizona.
Welcome to BP, @Howard Ingalls. Let's connect. Owning a short-term rental in Broken Bow means you've learned more than you think, even if it doesn't feel like it yet. As that first one settles in, watch how it treats you, both the money and the time it takes. That says a lot about what to buy next.
I know some people you'd enjoy meeting, plus a couple of resources that should be useful.