Looking to start acquiring properties in Dallas

[Adam Ward]

Greetings, to premise, I actually started my interest in real estate investing in 2018 by house hacking and had been attending real estate groups and meetups in the hope of scaling soon after that. When the shutdowns and eviction moratoriums happened, I shied from real estate investing for the time being until some stability hit the market and after returning from a deployment recently I find myself back where I left off.

With a VA loan at my disposal and cash from savings and the downsizing of my vehicle in our WFH era, I'm hoping to owner occupy a small multifamily in the Dallas area, from there I'll stabilize that property and move onto the next investment as a pure investment.

Anyone else start off this way? I'm thinking of self managing for the time being and have actually enjoyed the aspects of being a landlord and the influence it gives you in providing affordable housing for those that might not otherwise have it. 

[Jacob V.]

Hi @Adam Ward, I've started this way and have really enjoyed it so far. I bought a property in Irving near Las Colinas and have 3 bedrooms rented out, and will turn it into a pure investment in January. The VA loan can be huge starting out so take advantage!

I know some people that have done the same thing in Dallas, Fort Worth, and Arlington. Happy to talk further about it if you'd like.