Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

15
Posts
7
Votes
Jasmine Smith
7
Votes |
15
Posts

Aspiring Investor moving to Dallas,TX

Jasmine Smith
Posted

Hello. I have saved up for my first real estate investment. I am moving to Dallas,TX and wanted to take a step out and get started there. Since The area will be new to me and I don’t have any connections there yet I was hoping for advice. How should I go about my first venture? Since I will need housing myself  I was thinking I could find a foreclosed or distressed property for under market value. Fix it up if necessary and live in it until I can find renters? Then repeat the process. Can someone please lend me as much advice as possible on this idea and anything else. 

Most Popular Reply

User Stats

413
Posts
258
Votes
J Zev J.
  • CPA
  • Colorado Springs, CO
258
Votes |
413
Posts
J Zev J.
  • CPA
  • Colorado Springs, CO
Replied

Hi @Jasmine Smith I recommend reaching out to some realtors in Dallas and see if any of them have experience working with househacking investors. Tell them what you're trying to accomplish and they should be able to point you in the right direction or give you some initial guidance. 

Loading replies...