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All Forum Posts by: Eric Barnett

Eric Barnett has started 32 posts and replied 133 times.

Post: South Austin Real Estate Investor Meetup

Eric BarnettPosted
  • Investor
  • Buda, TX
  • Posts 137
  • Votes 55

Hello Everyone, 

Due to changes in who manages NXNW in South Austin it took a bit to get in touch with the correct person. Regardless the room/place we normally meet at is already reserved. Does anyone have recommendations for a place in South Austin where we could hold this meetup that has a relatively quiet area for 15-30 people?

Thanks for suggestions.

Otherwise we may need to postpone this.

Post: South Austin Area - Real Estate Meetup - February 15th

Eric BarnettPosted
  • Investor
  • Buda, TX
  • Posts 137
  • Votes 55

Big thanks to @Jason Grote for speaking. Good to see a lot of familiar faces. Looking forward to next month. Feel free to pitch some ideas on what you would like to hear someone speak on and I (and @Doug Watts @David Ferrette) will try and get them in there.

One thought I had was a more advanced take on marketing for wholesale deals that ultimately would help everyone in increasing margins. Could also discuss assignments and double closings in detail and things to look out for. Jason hit on this last night and provided some great quick tips to save on costs, such as having the seller pay for the title policy so you only have to purchase one when doing a double close.

Post: South Austin Area - Real Estate Meetup - February 15th

Eric BarnettPosted
  • Investor
  • Buda, TX
  • Posts 137
  • Votes 55

The hostess will be able to help you out as you arrive, just let them know you are with the real estate meetup.  See everyone tonight!

Post: South Austin Area - Real Estate Meetup - February 15th

Eric BarnettPosted
  • Investor
  • Buda, TX
  • Posts 137
  • Votes 55

The "Yukon Room" has been reserved at NWNW when you guys show up. Look forward to seeing everyone @Jason Grote

Post: South Austin Area - Real Estate Meetup - February 15th

Eric BarnettPosted
  • Investor
  • Buda, TX
  • Posts 137
  • Votes 55

It will be at the slaughter ln location. Near Alamo Drafthouse.

Post: South Austin Area - Real Estate Meetup - February 15th

Eric BarnettPosted
  • Investor
  • Buda, TX
  • Posts 137
  • Votes 55

All, 

We have started a facebook group that will have this same information posted so everyone is in the loop but also for more detailed posts of pitching services or properties. The meetup link will be shared soon.

South Austin Real Estate Investor Group: https://www.facebook.com/groups/151438508984938/

Post: South Austin Area - Real Estate Meetup - February 15th

Eric BarnettPosted
  • Investor
  • Buda, TX
  • Posts 137
  • Votes 55

Greetings:

We will have a monthly meeting to discuss real estate in the Austin and surrounding areas. This will be held at our normal meeting spot, NXNW Brewery, and a room will be reserved.  This is part of an ongoing meetup that will meet every third Thursday of the month at the same location. Going forward we will have speakers present on various topics.

This meeting we have a special guest speaking on his success flipping properties in the Austin and Central Texas Area. 

Feature Speaker: Jason Grote

Jason was featured on episode 27 of the BiggerPockets podcast, is a author of several articles on the BiggerPockets site and has established himself as one the more active investors in the area. Not only is Jason a devoted family man he is generous in his time helping other investors whether new and starting out or experienced and seeking help on more complicated deals.

Link to Info from BiggerPockets: https://www.biggerpockets.com/renewsblog/author/ja...

Link to his Website: https://www.ibuyaustinhouses.com/

I look forward to seeing everyone. I'm confident you will pick up invaluable bits of knowledge from Jason and others.

Cheers

Post: Use a car loan for down payment

Eric BarnettPosted
  • Investor
  • Buda, TX
  • Posts 137
  • Votes 55
I did this to purchase a SFH home that was about 100k in a up and coming small town in Central TX. I owned my car free and clear, managed to get a loan for 30k at 2%, used most of that for DP and repairs. So with nothing out of pocket (directly at least) I was able to secure a rental property that rents at 925 now with potential to increase. But the only reason I did this was because I had recently used my cash to purchase two other places and couldn’t pass up on this one. I would avoid houses in that price range unless you plan on doing a year down to the studs or complete rebuild.

Post: South Austin Area - Real Estate Meetup - January 18th

Eric BarnettPosted
  • Investor
  • Buda, TX
  • Posts 137
  • Votes 55

I look forward to seeing everyone and talking about ideas and current projects. I have been working to have speakers come in and am working to have this set up for February meeting. 

Post: Presenter for South Austin Real Estate Meetup

Eric BarnettPosted
  • Investor
  • Buda, TX
  • Posts 137
  • Votes 55
Yes sir. The North by Northwest on Slaughter Ln and Mopac