Real Estate Investor · Dallas, TX · Member since 2010 · 4 posts · 0 votes
Hello, I am a real estate investor in the Dallas area, just joined BP and would like to introduce myself.
I have a portfolio of single-family rent houses, single tenant industrial spaces and manage about 20 land investment partnerships in Dallas, Houston and Denver.
I am looking to learn, lend, partner, borrow, acquire, sell, advise and rent residential real estate. I believe this is a once in twenty year opportunity to dive into acquiring real estate assets and want to make the most of the current market.
Welcome aboard - have you considered multi-family as an investment? Do a cost comparison what it costs to buy a single family home and what you can rent it for. Then, do an analysis of what an apartment costs per unit and how much you can rent it for. You might find that it costs less per unit to buy a multi-family unit. Good Luck in Your Investments! Try to avoid realtors at all costs.
Yes, my next stop is an apartment complex. $450 on $18,000 a door is much better than $1,000 on $65,000 although some of the expenses are handled differently.
Mac- the previous poster, Jon, is who you should buddy up with. I've watched him progress a lot in just the year I've known him! Maybe someday, you'll both be giving me advice. Rich, on the way to Vegas.