Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago on . Most recent reply

User Stats

1,473
Posts
1,993
Votes
Omar Khan
  • Rental Property Investor
  • Dallas, TX
1,993
Votes |
1,473
Posts

Newbie from Dallas/Forth Worth (DFW), Texas

Omar Khan
  • Rental Property Investor
  • Dallas, TX
Posted

We moved to the Dallas/Fort Worth (DFW) area last year (2016). Texas seemed like a nice compromise between Syracuse (wife - upstate NY) and Calgary (me - Canada) and we’ve never looked back. It’s astounding what a year of no snow and super pleasant winters can do to your mind :)

My background is in corporate finance – complex financial modeling, valuation and strategic planning i.e. good at all things analytical and do that for a living.

Over the years, my family has owned commercial and non-commercial real estate in 3 countries. Hence, growing up, I had indirect exposure to real estate and have seen the good (and bad) that come with owning real estate.

Having no direct exposure, I am looking to network and better understand how contracting, repairs and maintenance work gets done. Essentially, how to find a good contractor, how to negotiate with them, understand what to do and what to avoid. I know this comes with experience but we’re hoping to learn and avoid some pitfalls.

Current Strategy:

Using FHA-loans to acquire multi-family residential housing (3-4 units per building) east of Dallas between Mesquite and Terrell (and surrounding areas).

We’ve set a deadline of February/March 2018 to acquire our first property. Once we get going with the first property, we plan on house hacking every year for the next 4-5 years.

I wanted to thank @biggerpo and @brandonatbp for amazing podcasts, @ScottTrench for some killer introductory articles and other BP members from whom we’re learning/plan on learning (and contributing to).

Let me know how I can contribute and assist.

P.S. Hopefully, I got the shout outs correctly linked. 

Most Popular Reply

User Stats

1,730
Posts
1,511
Votes
Jason Hirko
  • Lender
  • San Antonio, TX
1,511
Votes |
1,730
Posts
Jason Hirko
  • Lender
  • San Antonio, TX
Replied

@Omar Khan Absolutely. Feel free to reach out!

Loading replies...