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All Forum Posts by: Andrew Herrig

Andrew Herrig has started 34 posts and replied 490 times.

Post: Newbie from DFW checking in....well im not sure if I qualify as a newbie

Andrew HerrigPosted
  • Rental Property Investor
  • Dallas, TX
  • Posts 502
  • Votes 263

Welcome! What kind of investing do you do (or hope to do)?

Post: Dallas / Fort Worth - DFW List of REIAs

Andrew HerrigPosted
  • Rental Property Investor
  • Dallas, TX
  • Posts 502
  • Votes 263

Thanks for posting this list. I have heard of some of these, but not all - will have to give a few a try!

As for REIAs in Fort Worth, there is a DFW area REIA that meets in Haltom City, which is close to Fort Worth. I have not been, but maybe someone can chime in with their experience:

http://www.dfwreiclub.com

Post: Dallas-Ft Worth BP Meetup - July 25th in Las Colinas

Andrew HerrigPosted
  • Rental Property Investor
  • Dallas, TX
  • Posts 502
  • Votes 263

Sorry for the late notice - I will not be able to attend tonight. I am actually finishing up a rehab on a rental property and need to get some last minute things done.

Look forward to meeting everyone at the next meetup!

Post: Can an introvert be successful in REI?

Andrew HerrigPosted
  • Rental Property Investor
  • Dallas, TX
  • Posts 502
  • Votes 263

Another introvert here. I am just getting started, and the networking is also the hardest part for me. I will disagree with some of the advice here and say that I don't think the goal should be to learn how to be more extroverted. There are benefits on both sides, learn to play to your strengths.

As to the networking, I always find it easier to talk about things I am interested in (such as real estate). If we have that mutual interest, that takes some of the pressure off. I still have a hard time initiating those conversations though...

Post: First Deal, Good or Bad?

Andrew HerrigPosted
  • Rental Property Investor
  • Dallas, TX
  • Posts 502
  • Votes 263

Can you explain how you got to 60% cash on cash return? Just from a very high level that seems hard to achieve with a purchase price of $170k and rents of $1900 per month.

Post: Dallas-Ft Worth BP Meetup - July 25th in Las Colinas

Andrew HerrigPosted
  • Rental Property Investor
  • Dallas, TX
  • Posts 502
  • Votes 263

I hope to be there as well.

Post: New RE Investor in Addison, TX

Andrew HerrigPosted
  • Rental Property Investor
  • Dallas, TX
  • Posts 502
  • Votes 263

Welcome to BP! I'm a buy and hold guy in DFW (though looking to branch out to generate some extra cash for more down payments). There are a ton of people from DFW on here, so you'll fit right in!

Post: Are DFW BP Members Meeting Up?

Andrew HerrigPosted
  • Rental Property Investor
  • Dallas, TX
  • Posts 502
  • Votes 263

North Dallas would work for me, but I could probably make it to a more centralized meeting if needed. I am near the SMU area.

Post: CPA/Advisor Recommendations In DFW

Andrew HerrigPosted
  • Rental Property Investor
  • Dallas, TX
  • Posts 502
  • Votes 263

Tom Lafferty Can you send me the contact info of the guy in North Dallas? I'm looking for one in that area. Thanks!

Post: Newbie in Dallas, Texas

Andrew HerrigPosted
  • Rental Property Investor
  • Dallas, TX
  • Posts 502
  • Votes 263

Welcome to BP Joseph Weisenbloom! You'll find lots of investors here from the Dallas area.

My first purchase (and only purchase so far) was also a duplex. Keep us updated on how things are going!