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Updated 10 months ago, 02/20/2024
Completely new, looking for advice
Hello All,
I have been listening to the BP Podcasts for quite some time now and have read a few books about Real Estate Investing, but I think I am finally ready to jump into Real Estate Investing. I recently became a licensed Real Estate Agent in order to get access to the MLS and get be able to represent myself, as I saw this as a good first step in my real estate journey. My long term goal is to be able to make Real Estate Investing my full time job, but I know there are steps along the way.
I currently own my primary residence in the Suburbs of Austin, and I am looking to figure out my best path forward. I should also say that I grew up in Austin, so I'm well versed into the ins and outs of the market and what it currently looks like. I am intrigued by the idea of potentially house hacking a duplex or quad somewhere in Austin and turning my current primary residence into a rental, knowing that it wouldn't be a cash flow play, but more of an appreciation play. Alternatively, I have been looking into the Multi Family market in San Antonio as there appears to be some ability for cash flow in that market.
Any advice would be much appreciated. Thanks in advance!
Tate