Updated about 5 years ago on . Most recent reply
Hello from Austin, TX
Hi BP,
Joined a month or so ago, but never really posted an intro. We're from Austin, TX.
Got started in REI back in 2007. Our first investment property was a SFH in Round Rock, a suburb of Austin. The property was an investment property that cashflowed on a rental income vs. PITI perspective, but not by the rental property calculator standards. Thankfully, it does now.
Our second property was a Duplex in 78729 with 2 other partners which we sold so our partners were able to exit. Our portions were 1031 exchanged into a smaller SFH in 78758.
We're preparing ourselves to enter the multi-family (5+ unit) market next.
Hoping to bring some value as we've already learned a lot from here.
-Chris
Most Popular Reply
I joined the Austin REIA a couple months ago because almost 100% of the books, podcasts and webinars suggest that new investors do so. They offer a 3-day training, whichI will attend at the end of the month, but I am weary that they'll be trying to upsell the entire time. I'll let you know if it is worth your time. If not, we should organize a Bigger Pockets meet up.
~Alvin