Newbie Investor from Dallas, Texas

Newbie Investor from Dallas, Texas

New to Real Estate · Dallas, TX · Member since 2020 · 25 posts · 15 votes

Hi Everyone! I’m about 3 weeks in to real estate investing and wanted to introduce myself!

I am a Technology Executive at a large company in Dallas, Texas and while working from home due to COVID started researching side hustles to boost my retirement goals. I read over and over that real estate investing was the best way to build long term wealth so started digging deeper into what that entails. I stumbled upon BP and instantly got hooked! 

I've decided my initial niche will be SFR and small multi-family buy and hold rentals using the BRRRR strategy in DFW and Atlanta, Georgia. My goal is to purchase one property by end of year and grow to three total by end of 2021.

Looking to learn and consume as much as I can about the business and build as many relationships as I can to grow a lucrative portfolio for not only retirement but generational wealth. I’m willing to roll up my sleeves and help out wherever I can for on the job experience and mentoring opportunities!

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Bill HamptonBusiness Member
Accredited Investment Fiduciary, AIF®, Financial Planner, Tax Strategist, Real Estate Investor · Atlanta, GA · Member since 2012 · 2k+ posts · 979 votes
6y

Angelina,

Welcome to Bigger Pockets. Bigger Pockets is a great place for education and networking and is full of great content. 

I recommend that you check out the following resources:

1. Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction

2. Check out other online guides available here: https://www.biggerpockets.com/guides

3. Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog

4. If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking

5. You can meet local investors by registering to attend real estate events in your area: https://www.biggerpockets.com/forums/521-events-and-happenings

6. BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators

7. If you can't find what you're looking for, try the Bigger Pockets Fileplace. It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/files 

Good luck investing. Let me know if you have any questions.

Hampton Tax and Financial Services LLC4.7106 Reviews
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  • New to Real Estate · Dallas, TX · Member since 2020 · 25 posts · 15 votes
    6y

    @Bill Hampton thank you so much for all of the helpful information!!

  • New to Real Estate · Dallas, TX · Member since 2020 · 25 posts · 15 votes
    6y

    @Vernon Watts Hey there! Thanks! In terms of criteria, I'm looking for preferable 3+ beds, 2+ baths SFR or small Multi-family units. PP < $150k. BRRRR or buy and hold properties. I'm ok working with off market properties via wholesalers or on markets via MLS.

  • New to Real Estate · Dallas, TX · Member since 2020 · 94 posts · 20 votes
    6y

    Ok thanks for the response, when I find something that fits you criteria,I'll be sure to inform you.

    Happy Hunting, Vernon

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