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Updated about 9 years ago on . Most recent reply

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7
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1
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Serena Xiao
  • Allen, TX
1
Votes |
7
Posts

New member from DFW-looking for first rental property

Serena Xiao
  • Allen, TX
Posted

Hello all! I am so excited to join this community. I moved with my husband to Dallas less than a week ago. We have been always interested in real estate investment. We have had some experiences in rental properties in Georgia and Florida. We are still new to the area, so we are eager to learn any great experiences and advices from the folks here!

Our goal is to buy 2-4 rental properties in the North Dallas area in 2016. We are still exploring which cities/areas to invest in. Right now, we are interested in Richardson, Garland, Rowlett etc. I also hope to learn from the community how to find great deals in this seller market. 

Most Popular Reply

User Stats

189
Posts
39
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James Palin
  • Dallas, TX
39
Votes |
189
Posts
James Palin
  • Dallas, TX
Replied

Hi @Serena Xiao

Welcome to Bigger Pockets! You will find a wealth of information here.

I recommend doing the following things.

Complete your profile with a background about yourself and your real estate goals. Be sure to include a picture of yourself. The Bigger Pockets community loves to see your smiling face.

Setup alerts that pertain to your city/area and personal investing goals. https://www.biggerpockets.com/alerts You will get emails on topics and discussions which allow you to interact with other BP users.

Be sure to check out the BP Ultimate Beginner’s Guide. https://www.biggerpockets.com/real-estate-investing This guide will give you a very thorough overview of real estate investing and help you pick your niche.

Be sure to download and listen to the Bigger Pockets podcasts. It’s a great way to learn more while doing other things such as exercising, driving, etc.

Get involved with a local REIA groups. I have visited two REIA groups here in DFW which I have been to and recommend.

North Texas Association or Real Estate Investors http://ntarei.com/ This group has a general meeting once a month and hosts a lots of workshops for a small fee. The workshops cover various subjects from financing, wholesaling,, estimating repairs etc.

Dallas Real Estate Investors Group http://dallasreig.com/ This group meets once a week on Saturday during the lunch hour. The host Joe Boston is an industry veteran and all aground great guy.

Last but not least feel free to reach out to any of the BP members for any questions or help you might need. Good luck to you.

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