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Updated over 10 years ago, 07/16/2014
Dallas/Ft Worth...oh so very new!!!
Hi there! My name is Hattie Dizmond. I've been thinking about REI for years, but moved the dial off thinking to acting about 3 months ago. So far, the best thing I've done is sign up for Bigger Pockets. I can't believe the amount of information & advice.
I have 2 partners, and we're focusing our energies in the Richardson & Grapevine/Colleyville ISDs of the DFW Metroplex. The reasoning there is that the properties are primarily nice blue collar to middle class. For this area that puts them in the $120k - $350k range with either 3/2/2 to 4/3/2. The real draw for these areas is the school districts. Both ISDs are exemplary, with Richardson being one of the top 25 districts in the country. Houses sell ridiculously fast, at or near list price, and people are scrambling to get into the school districts as the larger districts continue to go down hill.
We are focusing our energies on Wholesaling at the moment, while we learn as much as we can about this thing called REI. We hope, within the first 12 months to begin flipping as well and eventually do some buy and hold investing.
I'm going to my first REIA meeting this weekend and am very excited about that event. If anyone has any advice, I'm all ears. My grandfather told me to learn from other people's mistakes, because I will never live long enough to make them all myself.
Glad to be here.
Hattie