Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
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 almost 11 years ago on . Most recent reply

User Stats

78
Posts
12
Votes
Jacob Forbis
  • Investor
  • San Antonio, TX
12
Votes |
78
Posts

Single Family Buy and Hold Investor from San Antonio, Texas

Jacob Forbis
  • Investor
  • San Antonio, TX
Posted

Hello everyone! My name is Jacob Forbis, and I am a 26 year old real estate investor in San Antonio, Texas. I have been renting out the spare rooms in my personal residence for almost 3 years now, and I purchased my first investment home in April of last year.

My full time job is doing corporate video production for a technology company here in San Antonio. I also do some contract video production work on the side. I use the money I'm able to set aside from my full time job and contract work to fund my real estate investing.

I'm trying to learn as much as I can, and because of that I am always open to new and better strategies to fit my goals and personality, but at the moment my investing goal is to obtain enough passive income to quit the 9-5 job and be able to build out my freelance business with less stress and worry. I am hoping to obtain this goal through the purchase of cash-flowing single family homes. Because I don't have a large amount of capital to fund deals, I am looking for distressed properties that can be purchased at a discount, fixed up, and then rented out.

I was hoping to have purchased my second rental house by this time, but due to some issues with my current house, I haven't been able to save up the resources for my second purchase. I am hoping I might be able to do that by the end of this year.

I am interested in networking with other investors in the San Antonio area, learning and sharing real estate knowledge and strategies, deals and private loans.

I am looking forward to being a part of this community, learning from the vast knowledge within, and contributing back where I can!

Most Popular Reply

User Stats

78
Posts
12
Votes
Jacob Forbis
  • Investor
  • San Antonio, TX
12
Votes |
78
Posts
Jacob Forbis
  • Investor
  • San Antonio, TX
Replied

Thanks for the welcome! @Brandon Turner I actually started listening to the podcast a few weeks ago and am going through the backlog. Love it! I appreciate the in depth and specific questions you ask the guests, and all the detailed information. Thanks for the great resource!

Loading replies...