New Member From Austin, Texas

[Gary Phillips]

Greetings,

Perhaps the best way to introduce myself is to post up info from my profile:

Seven years after retiring at age 52 from an energy career, I have begun a new 'career' in real estate investing. I have spent 70% of the last seven years living in Europe with my wife and we are now full time(for the most part) in Austin.

Experience

I have owned a Mobile Home Park (17 park owned MH's and 9 month to month RV spaces)in the Rio Grande Valley (Edinburg) for almost 3 years. I have an onsite property manager and part time handyman. The park has been returning just over 20% on my investment after expenses.

Real Estate Goals

1) Fix and flip 6 SFR's/year with cash.
2) Buy and hold as many SFR rental properties as possible using leveraged(bank) money.
3) Buy and hold at least one MDU (leveraged)
4) Partner with others on spec builds in 'hot' Austin zip codes.

Currently Seeking

Properties to F&F
Properties to B&H
Equity partnership on Spec builds in Austin (78702 and others)
Establishing a relationship with local Mortgage Broker for B&H's.

I need to develop a pipeline with wholesalers/bird dogs/RE agents and other investors in Austin that will bring me opportunities to invest/partner in.

I am looking forward to meeting/networking with many of you in the Austin area in the near future. I attended Harold McGee 's BP meeting last week in Austin at Big Daddy's and found it to be well attended, and beneficial to me as a new face to the Austin RE community.

Thanks to the originators of this great site @Joshua Dorkin ! (I can't remember how I found BP, but very happy I did).

Cheers,

Gary Phillips

Texas Private Funding, Inc.