All Forum Posts by: Bond Dan
Bond Dan has started 2 posts and replied 5 times.
Post: Noob looking for advice on rental properties for positive cash flow in central texas
- Round Rock, TX
- Posts 5
- Votes 1
Quote from @Account Closed:
Quote from @Bond Dan:
HI all,
Need some help. Trying to get into working towards how to get my first rental property that can provide positive cash flow.
Appreciate any tips/advice on how to get myself gain the knowledge in this area and also to figure out how to find properties that can generate positive cash flow.
Appreciate your help and advice on this
Thank you very much
I buy off market to get positive cash flow.
What is it you want to accomplish?
Hi Mike,
Want to invest in single family rentals starting with my first one with an eventual goal to financial freedom. Ideally with a positive cash flow , but overall certainly want to invest in single family homes that i can keep for the long haul to be able to slowly attain financial freedom
Post: Starting out on my first rental property
- Round Rock, TX
- Posts 5
- Votes 1
Quote from @Joe Scaparra:
@Bond Dan, I would say welcome to BP but as I look up at your profile, I see you joined in 2017.
You should utilize your profile page. Update it with your goals, desires and maybe your Why as it relates to real estate. That will go a long way in getting good advice from investors. My advice to you might vary if you are currently renting vs owning now. Whether you have a family or not, and whether your seek appreciation over cash flow.
I see you are in Round Rock. I have several duplexes in Round Rock as well as several more properties throughout the Austin Metro. If you are interesting in getting some more information about investing hit me up with a DM and I will give you my contact information. Cheers. Joe
Thanks @Joe Scaparra. Yah, as you can see i created the profile back in 2017 ,but the fear of losing money ( meaning unable to rent the property if i buy etc..) kept me off real-estate investment . Now, i am motivated to take the next step of learning on ideally "single family rental home investments" with a long-term rental view to help me with financial freedom , still have the fear of "what-if i am unable to rent the property i buy" and hence looking for more guidance around "how to invest in rental properties mainly single family homes " in general :) . I will hit you up via DM as well. Thank you
Post: Starting out on my first rental property
- Round Rock, TX
- Posts 5
- Votes 1
Quote from @Tony Pellettieri:
Welcome to Bigger Pockets!
Are you interested in Short/Med/Long Term Rentals? Are you interested in increasing the value of the property through rehab prior to renting it?
I'd recommend learning as much as you can about the niche of REI you're interested in.
Audible Audiobooks are a great resource to do that. I use Audible daily. I can listen to books and educate myself on whatever I want while at the gym, in the car, etc.
I joined BP about 2 weeks ago and it's become one of my best resources. Get involved, ask questions, be open to feedback, and allow other seasoned investors to help guide you along your journey of Real Estate Investing.
Learn how to analyze a deal to determine if the investment makes sense for YOU. Make a post about the investment you're considering pursuing and see what others think about it.
Best of Luck!
Thanks for all those details @Tony Pellettieri. Yah looking for long-term single family rental homes that can ideally do positive cash-flow . Appreciate the info you shared. Yah , i have started listening to the webinars that are posted here on BP and will try to do more reading around this "single family home rental investment area"
Post: Starting out on my first rental property
- Round Rock, TX
- Posts 5
- Votes 1
Hi all,
Need some help.
I am looking to invest in my first rental property locally in and around Austin areas and wanted to see if there are any local kind hearted veteran investors who is willing to share their knowledge on how to get started in this process as i am completely NEW to rental property investing.
The hard part is to be able to find rentable properties that can generate positive cash flow or worst break even.
Thanks a bunch for your help and advise.
Post: Noob looking for advice on rental properties for positive cash flow in central texas
- Round Rock, TX
- Posts 5
- Votes 1
HI all,
Need some help. Trying to get into working towards how to get my first rental property that can provide positive cash flow.
Appreciate any tips/advice on how to get myself gain the knowledge in this area and also to figure out how to find properties that can generate positive cash flow.
Appreciate your help and advice on this
Thank you very much