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Updated about 5 years ago on . Most recent reply

User Stats

16
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4
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Ryan Verbist
4
Votes |
16
Posts

Dallas Fort Worth Fix and Flip SFR Market

Ryan Verbist
Posted

Hello BP!

I am a young business student that has just graduated college. I currently live in Venice, CA and am going to commit to my first real estate project. I have a good make here in LA however the barrier to entry is quite expensive. I come from door to door home improvement sales background followed by a 2 year internship for a VP at Lee & Associates going door to door finding industrial real estate buyers and sellers. I am familiar with the brokerage side of things which got my in the door with real estate, but have always enjoyed building and getting my hands dirty leading to a fix and flip. 

With some money saved up along with some private money help, I am looking to find a profitable market to enter where I can get my feet wet with 3 bedroom 2 bathrooms remodels and eventually work my way into some bigger deals. I thoroughly enjoy my life in Los Angeles since I surf each day and spend a lot of time in the mountains, but feel my 100K budget would yield me a higher return in the DFW market where I am already doing other business.  

Does anyone have any solid advice on entering this DFW market versus finding a way to get into the Los Angeles market with high financial entry barriers?  Furthermore, does anyone suggest any other markets that would be profitable yet still fun for young person in their 20s?

I have been so thankful to come across this Bigger Pockets community and have already learned so much. Thank you to everyone!!

Warm regards,

Ryan

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