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All Forum Posts by: Laurie Williamson

Laurie Williamson has started 7 posts and replied 53 times.

Post: New from Dallas (Multi-Family or SFH investing)

Laurie WilliamsonPosted
  • Rental Property Investor
  • Plano, TX
  • Posts 53
  • Votes 17

Hi all, I just joined the site a couple of days ago, and already I’m hooked. So much helpful and interesting information! I am mostly here to learn as much as I can while I am saving up the down payment for my first investment property. I’ve been leaning toward multi-family investing (want to buy a fourplex), which will take longer to get started, but which (I’m hoping) will cash flow better. However, the more I read, the more I’m becoming open to the idea of single family homes as well, which would allow me to make my first purchase much sooner. Also, I discovered a major flaw in my math after listening to a BP podcast yesterday (Thanks, guys!), so now I’m re-evaluating… I’m looking forward to meeting other like-minded investors, especially in the Dallas area. I’ve also met with a couple of local groups (Lifestyles Unlimited and NTAREA). Any opinions on the best local groups to join are welcome — also, please add me if you’re in the area and want to network. I won’t bother you; I’m just trying to learn more about the local market, so if you write a blog or an article, I will probably read it. Thanks!!

Post: Howdy from Dallas, TX!

Laurie WilliamsonPosted
  • Rental Property Investor
  • Plano, TX
  • Posts 53
  • Votes 17

Thanks, Jon! OK, I will.

Post: Howdy from Dallas, TX!

Laurie WilliamsonPosted
  • Rental Property Investor
  • Plano, TX
  • Posts 53
  • Votes 17

Hi Kyle,

Good idea! It's cool that you are getting started so young, and it should give you a major edge to have family in the business. I am also new to the site and interested in multif-family investing in the Dallas area. We live in Garland. I'm 34, married, with a 2-year-old and another baby on the way, and recently became interested in real estate investment when searching for ways to increase my income — particularly passive income! There are only so many hours in the day! I wish I had known about the idea of living in one unit of a multi-fam years ago... but happy to be getting started now. Unfortunately, I can't see moving my family out of our current home and into a multiplex, so I'm working to pay off our house and save up for the down payment instead. That way, we'll have some financial security before we buy a new property. I'm not sure how the "add as a colleague" thing works on here, but I'm thinking we could compare notes on the local market — and I would be interested in seeing where your investment journey takes you. I want to learn as much as I can about where to buy in Dallas, what to expect, things to look out for, etc... It will probably be a year or two before I buy my first property, unless I change my mind and start with single-family. I'll try to add you. Best of luck with your endeavors! (Also, I love the Rockwall area!) :)

Laurie