Central Texas, Shipping containers, real estate investing

2 Replies

Greetings,
My name is Brad Humphreys, I have been on bigger pockets for about 4 months and decided to do an introduction.

I currently live in central Texas. My real estate experience is as follows, I bought a 2.9 acre piece of raw land earlier this year, still planning the build on it. I am working my way through the Bigger Pockets podcast currently on episode 30. Finally, I have plans to get my realtors license. Sadly I don’t have many contacts in real estate, so everything I have learned so far is from books and the pod casts and few of the forums I’ve browsed on bigger pockets. My real passion is Shipping Container Homes. I am trying to use my real estate ventures to fund shipping container projects. The 2.9 acres I own I plan on building and selling a shipping container home on it. I have a lot of ideas for this project but not sure how to proceed. I was considering hiring an engineering firm to design the home to make sure everything is structurally sound. If anyone on here is familiar with development, I’d love to run some questions by you about finishing costs. Also Please if anyone else has built with shipping containers before I would love to get in contact with you.

Now for my real estate goals. I have considered everything from wholesaling to BRRR. I consider the shipping container projects to be a form of flipping but instead of rehabbing a house I rehab a down trodden property. I am trying to build for the long term. I am interested in learning about many different types of real estate strategies as I have not picked a specific Path to focus on yet.

Lastly I am looking forward to building something meaningful and long lasting with my career. I’m sure I sound like every other joe shmo who gets on the website and is hoping for a get rich quick scheme but I’d like to consider myself not one of them. I’m in this for the long haul and the smaller than expected profits. I’d love to hear from everyone who is willing to take the time to read this piece. Also I posted about my project under the construction diaries thread if anyone is interested in the details.

Thank you
Brad Humphreys

Hi Brad and welcome.  This is a great time to be an investor.  I to am new to investing and have been making contacts and getting ideas from others.  As you are I have a few ideas in my head but am trying to get the basics down.  I am interested in short and long term investments as I wish to retire from my current job ( driver for UPS), within the next 5 yrs.  I am looking at single family and multi families up to 6 suites.  I don't have any experience but your idea of shipping container homes sounds like a great idea.  That's the great thing about bigger pockets, you can find people interested in and maybe willing to work with you and even some who have experience in that field. I would also say if you can find a mentor that is a live saver.   Well I hope you have much success and get the guidance you need. And your not the normal joe shmo because you are taking action which is key! Happy Investing! Hope to keep in touch and look forward to both our successes who knows I might have to look at the shipping container homes as well!

I love shipping containers! I may end building a cabin out of one soon. I would start small. Buy a 20 Footer or smaller and build within the structure so you can close it and still shop it.
Check out this 3 sided container home.

https://youtu.be/m-3fd_8V3Y4

Also, I’ve got a buddy that works in Philly that can get you some shipping containers. I don’t know the cost of transporting them to Texas. Hope this helps!

Good luck
-Arod

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