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 over 5 years ago on . Most recent reply

User Stats

5
Posts
3
Votes
Kelly Stevens
3
Votes |
5
Posts

Making it beautiful in Austin, TX!

Kelly Stevens
Posted

I didn't realize I had become a real estate investor when I bought the abandoned house across the street and renovated it with plans to rent — I really I just wanted to save the charming 1940s cottage. The project came with a mountain of reno knowledge to add to my handyman knowledge, and grew a love of GC'ing projects (and a lot of heartache and screaming, but that's for another episode).

After running the numbers, I realized it was better to move into the completed cottage (950 sq ft) and rent my previous primary residence (1300 sq ft) as a month-to-month furnished rental. That house is now in its second month of returning $1100/month net.

I'm ready to make real estate investing my full time job in 5 years, with my biggest interests in small multi-family (2-6 unit) buy & hold rentals in the Austin-San Antonio corridor plus Houston, and will probably feel the bug bite again to take on another BRR project as the second or third house (let a gal rest for a minute!) as it is my passion.

Diving in to learn everywhere I can. Already attended an Austin Real Estate InvestHER meeting (smart gals!), so happy to find BP (where do I even begin!??!), and welcome all the knowledge of this community!


Most Popular Reply

User Stats

1,226
Posts
1,012
Votes
Aaron Gordy
  • Real Estate Broker
  • Austin, TX
1,012
Votes |
1,226
Posts
Aaron Gordy
  • Real Estate Broker
  • Austin, TX
Replied

@Kelly Stevens Welcome to BP. Congrats on the project. Remodeling an 1940's house with old wiring and plumbing is a major endeavor. Been there done that. My project was on the east side on a street called Sanchez that connects to MLK. Good fun! Was that in the Austin metro? 

Loading replies...