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Updated about 10 years ago on . Most recent reply

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7
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Phillip Coleman
  • Investor
  • Grapevine, TX
4
Votes |
7
Posts

New Member in Dallas Area

Phillip Coleman
  • Investor
  • Grapevine, TX
Posted

I am a new member and wanted to say hello from the Dallas market.  

I have an EE degree from Texas A&M and I have an MBA (corp Finance) from SMU.  I work at AT&T.  

I started investing in single family properties in 2012 because of the double digit returns.  I now own three properties and would like to purchase more.  I have been reading about real estate for many years and I'm currently reading "The Millionaire Real Estate Investor" by Gary Keller. 

I look forward to connecting with other investors and exchanging ideas.  I'm inspired by the opportunities and freedom that real estate can bring those who decide to take the plunge!

Currently I am enjoying the use of leverage to generate returns but I'm thinking through what my long term goals should be.  I'm sure that I'll enjoy reading the many blogs/comments and exchanging ideas with everyone.

Most Popular Reply

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5,659
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1,832
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Elizabeth Colegrove
  • Hanford, CA
1,832
Votes |
5,659
Posts
Elizabeth Colegrove
  • Hanford, CA
Replied

Welcome to Biggerpockets!

You found the place to be! You will find no better place to build a solid platform than bigger pockets. The one thing we all agree up on is that we invest in real estate. Beyond that everyone has a different niche!

We got started as buy and hold investors at 23 with our first primary property. We fixed it up and than rented it out when my husband was transferred. I talk about our strategy and getting started with no money down in podcast 103 :) Over time we developed our strategy and build an "always evolving plan" towards our goal, of early retirement off the cash flow in 15 years.

We are buy and hold investors who invest in class A properties self-managing from a distance while working full time. So we do work on furthering our careers. We live very frugally allowing us to live off of one income and save the other. We have further our career and used the W2 income to leverage our real estate portfolio.

I highly recommend you also check out- the blogs, forums and listen to the podcasts. If you see a post you enjoy check out the persons signature. As many of us have created resources around our niche (websites, blogs, etc) so checking out the signature is a great to get more information. Make sure you don't miss out on networking is by filling out your signature, profile and pming people with questions.

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