All Forum Posts by: Andrew Sheppard

Hey Hunter! Congrats on the move. 

My wife and I recently purchased an SFR in McKinney as an investment property. We recently moved to Austin and are also from California.

I see a lot of people talking about how Dallas is expensive these days, but frankly I don't agree. Interest rates are going up but they remain ridiculously low from a historical perspective. The economy especially in Texas and Dallas is BOOMING. Population trends continue to favor the region. And rents look good. 

Now buying rentals will be safer than flips in a rising interest rate environment, but I don't think you can wrong with flip if you're super economical on budget (i.e. labor) and/or using more cash than debt. 

I'm a big fan of the Frisco and McKinney region simply because of the magnitude of corporate investments going into the region. Not sure if there are a lot of fix and flip opportunities there, but worth taking a look. 

@Dennis Craig Thank you Dennis! Really appreciate the reference.

Hope that you and your family are having a wonderful holiday season. 

Here's to 2018!

Hi Larry! Thanks so much for the reply. I’ll PM you separately!

Hey folks!

Hope you're all doing well this holiday season!

My name is Andrew and I first got into real estate investing 3 years ago. Today, I have 4 SFR homes in the Seattle area grossing $17k a month.

My wife and I recently moved to Austin, Texas and we're interested in BRRR investing in the Dallas/Fort Worth area. We're at a point now where we're ready to begin meeting with experts from the region representing each of the "Core Four" roles or a turnkey developer.

Key for me is being able to refinance off of a successful buy and rehab given I already have mortgages in place against the Seattle homes. 

Thanks for your consideration!