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 about 9 years ago on . Most recent reply

User Stats

6
Posts
3
Votes
Jeff Mann
  • Real Estate Agent
  • Austin, TX
3
Votes |
6
Posts

Beginner Investor in Dallas,Tx! Advice Needed! Mentor wanted!

Jeff Mann
  • Real Estate Agent
  • Austin, TX
Posted

Hey everyone,

My name is Jeff Mann and I was born and raised in Dallas, Tx. I just finished my enlistment with United States Air Force, living in Colorado for the past 4 years, and now ready to start my journey in Real Estate Investing. Seeing my dad having a couple rental properties at a young age (15ish) sparked my interest, then reading Rich Dad Poor Dad just added fuel to the flame. I think one of the most appealing aspects to REI is the lifestyle that it can bring, and all of the opportunities to grow.

Since I am in the beginning of my real estate investing career, i thinking wholesaling and flipping single family residences will be the better option, just for the fact that I am trying gain some capital. Advice on this? Then later get into rental properties and further down the road get into Multi-family properties.

A few questions that i have right now:

1. Should I email agents in my area and ask them to put me on their buyers list? and What all should i put in the email? $ Range?

2. When it comes to hard money loans, are there any companies that are preferred by most?

I figured a hard money loan might be my only option to get started...i need a mentor haha

Thanks for reading and I'm looking forward to the replies

Jeff Mann

Most Popular Reply

User Stats

1,318
Posts
703
Votes
Darrin Carey
  • Lender
  • Dayton, OH
703
Votes |
1,318
Posts
Darrin Carey
  • Lender
  • Dayton, OH
Replied

@Jeff Mann Thanks for keeping my Air Force in good hands. If you want some specific guidance on a basic game plan you can implement, give me a call. I'll help you get it started. 

At the high level, here's what you need to do.

1. Build a team and a network. Keep it growing.

2. Keep learning and improving.

2. Generate capital.

3. When you have extra capital, buy cashflow.

4. Repeat.

  • Darrin Carey
  • Loading replies...