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Updated over 8 years ago,
Newbie - Dallas/Irving/Plano - MFH, SFH, Apartment
Hello BP folks!
My name is Kyle Adam. I'm originally from Canada, and grew up in Arlington, Texas. I currently live in Irving, TX. I'm looking to enter the home owner and real estate world this year. I work as a sales engineer Mon-Fri (8-5) in the Dallas area, have zero debt, and a modest savings. I also have weeknights, weekends, and sweat equity to learn and grow in the community. I thoroughly enjoy solving problems and helping others. I hope to find people to work with and learn from throughout this process.
My immediate goal is to buy a multifamily home in the area of Dallas, Irving, Carrollton, Plano, Frisco, or McKinney this year (Oct/Nov 2016). I plan to live in one unit and rent the other(s) out. In 2017 I plan to rehab and flip two houses and buy a second multifamily to live in one unit and rent the others.
I am reading regularly, listening to podcasts, and now searching to connect with others. Things on my immediate list to learn are: how to find deals, how to purchase, and how to be a landlord.
What would you recommend as a next step given my situation and goals? Join local investor clubs? Connect with real estate agents? I am open to suggestions. I am teachable, and I want to learn.
Thank you in advance!
Kyle