All Forum Posts by: David Schmiediche

Hey @Martin Alonso!

With the Market right now and everyone moving to Texas it is very hard to find positive Cashflow in almost any market. With that being said it is definitely possible. Specifically in the College Station market we have good deals come by every now and then and we do have a more amount of multifamily than usual. I would definitely look into College Station.

 I'll be there!

The next College Station meet up is almost here! Come meet us at our hosts apartment complex and meet like minded individuals on their journey to financial freedom. Learn what others are doing to grow and create their wealth through real estate investing. Talk about deals you're making, deals you've done, and most importantly deals you want to do. Come with questions to ask and a paper to write on. This meet up is going to be good!

Hey Glenn! For positive Cashflow I have heard great things about Orange, Texas. College Station is worth looking into as well and here it is hard to make properties cashflow and not impossible. With the increased prices and increased interest rates it is getting harder and harder to find something that cashflows. I would recommend looking into putting a larger amount down as well to ensure cashflow just like @Ryan Kelly mentioned.

The next College Station meet up is almost here! Come meet us at Hopdoddy's and meet like minded individuals on their journey to financial freedom. Learn what others are doing to grow and create their wealth through real estate investing. Talk about deals you're making, deals you've done, and most importantly deals you want to do. Come with questions to ask and a paper to write on. This meet up is going to be good!

The next College Station meet up is happening at Chimy's on University Dr. I'm looking forward to seeing y'all there!

The next College Station meet up is almost here! Meet like minded individuals on their journey to financial freedom. Learn what others are doing to grow and create their wealth through real estate investing. Talk about deals you're making, deals you've done, and most importantly deals you want to do. Come with questions  to ask and a paper to write on. This meet up is going to be good!

@Arthur Vivero Congratulations on starting your investment Journey! @Wale Lawal and @Gregory Schwartz both have good advice. Absorb as much as you can and ask as a lot of questions. like Greg mentioned we are hosting an investor meet up this Thursday in College Station at 7 at one of my investments that I'm house hacking and taking a very similar approach to what you had originally talked about in your post. It will be a great place to meet other investments and see what their recommendations are for your first investment. Greg's post has a good recommendation and the only thing I would argue is with 6 people a 3 bedroom is going to be tight. There are a few bigger duplexes in College Station that may be worth looking into. The ones I'm talking about are 4/4 on one side and a 2/2 on the other. This will give you more room on the 4/4 and still be able to use it as an investment property. Another idea is finding a SFR with a mother in law suite or something of the sort that can be converted into a rental. Ultimately your idea now of doing a BRRRR is a good option as well. There is a lot to discuss regarding this and the investor meet up will be a great place to discuss it! I hope to see you there!

The next College Station Meet up is here!

You don’t want to miss this opportunity to see first-hand and in person the clear benefits of renovating your rental properties to maximize the return on your investment. Our next Meet Up will be held at a property that had been occupied by a tenant who chain-smoked continuously for over ten years inside the unit and had completely trashed the property by the time he moved out.

This is an up-close and personal example of how a high- quality renovation of your properties attract higher quality tenants who will pay more in rent, putting more profit in your pocket.