New Investor in the Dallas-Fort Worth Area!

New Investor in the Dallas-Fort Worth Area!

Realtor · Virginia Beach, VA (Virginia Beach) · Member since 2015 · 21 posts · 5 votes

Hey Everyone!

I've had my profile for about a month now, but I haven't gotten on this forum! I'm Scott, a Retail Marketing Specialist who lives in Irving, Texas. I've gotten into REI by picking-up a few books and reading about success stories. I realized that I could become financially free through time by doing this. I want to work for myself, and work hard, and love what I'm doing. This allows me to do all three!

I come from a large family in a small town near Pittsburgh, PA.  I'm the first in my family (including six older siblings, two parents, and countless aunts and uncles) to finish college with a Bachelor's degree (BS in Economics from Pitt), and the first to move out of the region.  I'm currently finishing-up a self-development book as well.  I will be self-publishing it by the end of the year.

My circumstances, in terms of debt, limit me to wholesaling and/or buy-and-live investing for the time being, but by January 1, 2018, I would like to be flipping single-family homes and soon after, get into small or mid-sized multi-family units.  

For now, however, I must begin wholesaling.  I want to obtain sufficient knowledge in the subject, make as many connections as possible, and start on my path to financial freedom.  If you're in the DFW area, please feel free to connect with me!  I'll look forward to serving both of our interests.

Thanks for reading!

All the best,

Scott

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  • Investor · Wichita Falls, TX · Member since 2010 · 3k+ posts · 603 votes
    11y

    Welcome to BiggerPockets @Scott Rowsick , thanks so much for introducing yourself to the community! You seem like a champion and it's awesome to how you're hustling for the future you want. I'm sure your expertise in retail marketing will help you on the wholesaling side of things. 

    I'm looking forward to seeing you around the forums. Don't be one of those people who's all excited and then disappears in a few weeks. Keep reading your self development and REI books (I like to alternate between the two).

  • Specialist · Sibley, LA · Member since 2014 · 1k+ posts · 190 votes
    11y

    Welcome @Scott Rowsick  to BP, the greatest real estate investing website in the world. If I was you I would check out the blogs that is filled with tons of valuable content and more.

    Yo Scott, how is the market out there in TX?

  • Investor · Gulf Shores, AL · Member since 2014 · 26 posts · 1 vote
    11y

    remember time is money, interested in earn

    While you learn and 100% funding on your

    Deals then send me an email.

  • Wholesaler · Mc Kinney, TX · Member since 2014 · 1 post · 0 votes
    11y

    Hey Scott, Welcome to the show!

    If I could do over again when first learning to Invest. I would've started co-wholesaling with other experienced investors. There are so many advantages to it, you hardly need any cash and you will learn a lot from the experienced investors you're working with. At first, you just need to get your feet wet and make some cash. You can just start out by scouring craigslist and other forums, find deals, other wholesalers are selling. Call them up, ask them if they will co-wholesale with you. If they agree, ask them what their terms are ( 50-50 split, their price plus whatever you want tack on top of it etc) Have them send you a JV partnership agreement and then start calling and looking for buyers. This will give you a lot of experience and you can start building a buyers list. If you have a realtor friend or access to the MLS. A simple way is just to look up what other properties have sold near the one you're trying to sell. Look up that realtor and give them a call and see if they have buyers for your property.Good luck out there!

  • Real Estate Agent · Denton, TX · Member since 2016 · 80 posts · 5 votes
    10y
    Gabe Kempf Hey Gabe. Nice to meet you. Saw your post and since just getting into wholesaling and trying to learn the ropes I would love to partner up and learn everything I can. I am a sponge and OCD so i love lists and keeping track of stuff. I know i would be good asset to another wholesaler till i can learn the ropes. I have cash buyer lined up and a realtor if that helps. I will be concentrating in Denton County area as will be doing this with my father in law but grew up in Garland and work in Allen so know Collin County. Thanks for listening and hope to hear from you. Chris Gates
  • Plano, TX · Member since 2014 · 197 posts · 33 votes
    10y

    Hey @Chris Gates

    I have a meetup with some RE investors next Wednesday at 12p at the Shops at Legacy in Plano.  We would love to have you join us if you are available.  I included the link below

    https://www.biggerpockets.com/forums/521/topics/28...

  • Real Estate Agent · Denton, TX · Member since 2016 · 80 posts · 5 votes
    10y

    I will try but have stuff going on at work that day that will not let me do lunch for very long. I work in Allen so we will see. Thanks for invite.

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