All Forum Posts by: Andrew Syrios

Welcome to BiggerPockets Britt and best of luck investing!

Welcome to BiggerPockets and good luck investing Jim!

Really? That's surprising, I would assume Texas would be on the lighter side of regulations and license requirements. 

Welcome to BiggerPockets Ricardo and best of luck investing!

Sure thing Roland. You may also want to consider getting licensed. The cost and time isn't terrible (at least where I live) and access to the MLS by itself almost makes it worth it.

You could ask a real estate agent to do a comparative market analysis for you (maybe pay them a bit for it). Or you can use one of the many free sites like Zillow or Trulia. They tend to have most recent sales data in there you just got to do more leg work to analyze the comparables as it's not really designed to give you a list or nearby, recent sales that you can sort through and make adjustments to. But you can use the map feature to find nearby sales, make sure they're comparable and plug the information into a spreadsheet. 

That's the best way to get into investing; holding the property you own and renting it when buying another. Welcome to BiggerPockets and best of luck investing!

If the problem is a matter of not wanting "urgent calls at 9pm Friday" it might be just worth hiring a property manager.

You could 1031 into a commercial property which would be less management intensive (although generally riskier as they're harder to lease). We once bought a portfolio with a group that was doing a 1031. You can't do a straight syndication but you can do a TIC (tenant in common) on such a partnership. Might be worth looking into if you know anyone buying larger properties and looking for investors. Either way, the cash flow will almost certainly be less.

Welcome to BiggerPockets!

Help, I have a friend who wants to play the stock market and I don't know how to talk him out of it!

In all seriousness, it's a good idea though.