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Updated over 9 years ago on . Most recent reply

User Stats

26
Posts
8
Votes
Johnny Rodriguez
  • Investor
  • San Antonio, TX
8
Votes |
26
Posts

Newbie from San Antonio

Johnny Rodriguez
  • Investor
  • San Antonio, TX
Posted

Hello BP,

I’m new to BP, I live in San Antonio, I’ve had 1 rental I bought 12 years ago, didn’t do much with it. Then my Rentals Neighbor asked if I wanted to buy his house. My wife and I took out 401K loans and paid $45K cash, we put $12K in rehab over 3 months. We did all the work, except A complete electrical overhaul ($5100) and new AC ($2400). We have it rented out now for over 1 year $800/month.

I love the BP Forum. Since a friend of my introduced me to BP, I’ve been on the site for 2 -3 hours a day looking up information. I want to expand and build my business. Would love to buy more Rentals, I’m now saving the 20% for the next down payment. My question is. Should I get my Realtor license or spend that time networking?

Thank You…

Most Popular Reply

User Stats

23
Posts
5
Votes
David Pena
  • Corpus Christi, TX
5
Votes |
23
Posts
David Pena
  • Corpus Christi, TX
Replied

@Johnny Rodriguez 

Welcome to Bigger Pockets! I am a newbie as well (more of a newbie i might say) so sadly i can't answer that question about the realtors licenses but I know there is a lot of people here that can help you with that question! Just remember you are always networking.

Keep up the good work! God Bless!

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