Central Texas Investor - 2 Properties Down - Next Step?

[Josh Pratt]

I recently picked up two single family homes locally - one listed and another via a mailer. One is currently leased and the other is wrapping up with a few upgrades.

The whole reason for this post is get suggestions on what to do next. My goal is to amass 30K in cash flow in order to put more attention into my eBay business while also scaling up in real estate. The Temple/Belton/Killeen markets interest me, but I'm not opposed to somewhere such as Waco or College Station or even the three larger markets in the state.

If you were me and in this location, what would you try to do next? Would you continue with SFH, move on to smaller multi-family, or do something different? I appreciate any feedback.

[Joe A.]

@Josh Pratt Hi Josh. First, I would recommend not going to the B/CS area just yet. The market is over saturated with rentals there. I just sold two properties there because rent prices were dropping rapidly. Keep an eye on it though... you never know. Second, I would say small multi family is the next step after SFH. I'm looking to scale that way myself.

Good luck!