Hello from Austin, TX

[Chris Ono]

Hi BP,

Joined a month or so ago, but never really posted an intro. We're from Austin, TX. 

Got started in REI back in 2007. Our first investment property was a SFH in Round Rock, a suburb of Austin. The property was an investment property that cashflowed on a rental income vs. PITI perspective, but not by the rental property calculator standards. Thankfully, it does now.

Our second property was a Duplex in 78729 with 2 other partners which we sold so our partners were able to exit. Our portions were 1031 exchanged into a smaller SFH in 78758.

We're preparing ourselves to enter the multi-family (5+ unit) market next.

Hoping to bring some value as we've already learned a lot from here.

-Chris

[Chris Ono]

Update: Really neat to document how we're progressing! We're now up to 10 doors! 1 SFH in Austin; 4 SFH and 2 Duplexes in Memphis; 1 SFH in Indy!

We'll start renovating the duplex as the tenants turnover and looking to BRRR. Also getting ready to flip some homes in East Austin!

Onward we go!