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Updated about 1 year ago on . Most recent reply

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Liam Burke
  • Austin, TX
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Looking to Learn!

Liam Burke
  • Austin, TX
Posted

I moved to Austin from Virginia about 5 months ago after getting out of the Army, and am working fully remote in sales. I've been a listener of the BP podcast for years and have read plenty of RE books. A huge motivator for why I chose this profession was the opportunity to get some traction with real estate while I work my W2 job. I'm at the point where I want to take action because no amount of podcasts or books can teach me as much as hands on experience. I understand the fundamentals of buy and hold investing, but what I would really love to learn more about is the BRRRR strategy and the renovation process.

My wife and I plan to move back to Virginia in the next few years, so I'm looking at my time here as a chance to learn in a bigger market. I've found a few local REI meetups and plan to attend in the coming weeks.

Does anyone have any advice they could offer or feel like this is something that sounds valuable to their operation?

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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Replied
Quote from @Liam Burke:

I moved to Austin from Virginia about 5 months ago after getting out of the Army, and am working fully remote in sales. I've been a listener of the BP podcast for years and have read plenty of RE books. A huge motivator for why I chose this profession was the opportunity to get some traction with real estate while I work my W2 job. I'm at the point where I want to take action because no amount of podcasts or books can teach me as much as hands on experience. I understand the fundamentals of buy and hold investing, but what I would really love to learn more about is the BRRRR strategy and the renovation process.

My wife and I plan to move back to Virginia in the next few years, so I'm looking at my time here as a chance to learn in a bigger market. I've found a few local REI meetups and plan to attend in the coming weeks.

Does anyone have any advice they could offer or feel like this is something that sounds valuable to their operation?


 Welcome to BP - yes, I think taking action is the next and best step.  Austin has a great RE investing community and tons of great meetups (however, still hard to make deals work/cash flow due to prices in the city).  For affordable "first-time" BRRRRs, a lot of people look at some nearby markets - Temple/Killeen/Waco etc a little bit north are some good ones that people have had success in

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