Getting Started in Dallas Fort Worth

[Parker Pavia]

Hello,

I’m looking to purchase a 2-4 unit multifamily property in Fort Worth or the mid-cities as my first investment property. I'm inexperienced in real estate but have tried to prepare by reading books, listening to podcasts, and also have an inactive real estate license in Texas (I've never used it to buy or sell).

Any advice, especially regarding realtors, property managers, etc., would be greatly appreciated.

I am planning to make my first acquisition myself, but I would also be open to a partnership.

Thanks,

Parker

[Tyler Hodgson]

@Parker Pavia are you planning on house-hacking this property or looking for something that is 100% rental property? 

Typically, I recommend people purchasing house-hacks or long-term rentals do so individually and don't involve other partners. Partnerships are better suited for short-term deals (like flips) or larger syndication deals. 

You definitely need to connect with @Kenneth McKeown. He's a real estate agent and an active investor. He's very active here on the BP forums, helping out a lot of new and experienced investors alike.