California'n wanting to invest in Texas Dallas, Ft. Worth, Austin

[Coby Herzog]

Hey everyone how's it going?

My name is Coby Herzog, I grew up in and currently stationed in southern California (lucky me right?); I am looking for a business partner/property manager/ or just friends that enjoy real estate as much as I do in either the San Diego or the Dallas / Ft. Worth areas. I am very new to the real estate world but 100 percent motivated to make this an eventual full time business.  

A little about me. I am 21, college student, business owner, and I have been in the military for almost 4 years with 2 years left. I bought my first 4 bedroom house in San Diego at age 20 and currently rent 2 rooms out to friends, it pays 70% of my mortgage. Naturally this sparked my RE interest, so I finished all the RE licensing requirements and am gearing up to take the test! Very excited to get the ball rolling!

The first wicket on my agenda is to make some contacts in Dallas/Ft. Worth to buy a duplex/SFR on the lower end to buy and hold (not too much capital to put down at the moment). I am also very open to the idea of trying a flip, and even more open to making a lot of mistakes that I can learn from!

Thanks for checking this out. And an even bigger thanks to all the people who contribute here, your advice helps in many ways!

P.S. I can exchange yard work or be there to motivate you in the gym if you let me shadow a deal or two. Or free lunch on me! Thanks again everyone. 

[Aaron Mazzrillo]

You'll make more money flipping a single house in San Diego than you could ever hope to make being an out of state investor in a place like Texas. Texas is where wealthy California investors go give back some of the profits they made here in CA. Been there done that. Stay in California. There are much better opportunities locally.

And don't have that attitude that it is too tough or expensive to do deals here. I know LOTS of investors flipping houses up and down the state. Use whatever strategies you think you would implement out of state right here and see what your results are.