Greetings from ATX! Looking to make an impact in Texas!

[Steve Strickland]

Hello for Austin!  Looking to gain knowledge in the real estate market. I know that the Austin market is Hot and therefore willing to looking in other areas as well like Dallas, Houston, San Antonio.  Looking to learn from others that have experience in investing in Multi-Family or small Apartment deals.  If there is a meet up here in Austin, Please let me know!  Thanks in advance for any Advice, and such in this new chapter in my life!  Sincerely - Steve

[Michael Lee]

Hello and welcome to this website!  Buying more about travel and non-travel.  Try minimize that travel outside of a city you primarily use.  Have your local advertising have links to your website and have your projects within an hour's time from your house.  Locate your properties as close to downtown you can afford.  Know your primary market well.  

Try to purchase a property that is already positive cash flow.  Do what is the average of that neighberhood.  The better looking neighborhood.  will make your resale easier.  A nicer looking neighberhood goes a long way to your appraisal and sale.  I am 60 years old and I am looking forward to investing in real estate.  Have a local and experienced Team member.  

I was born and raised in Dallas Texas and I have several friends that have moved there.   I do not think anyone of them had a particular reason to move down there.  All of the cities you mention would be a place to invest.  Dallas I believe would have  a place to be.  Keep it simple, there will more competition there do not let that worry you, just do better than them and some of them will be friends and help you with their knowledge.

Dallas diversity and population has grown since I was born (60 years old)  and it will always do better than the rest of the country.  There are a bunch of suburb cities too where you can also make a living.  There are also turnkey companies that can keep your traveling at a minimum like Memphis Invest where you can invest your money and make a decent return.

Austin is also doing very well and there is a company that is located down there. Paperless Agents, who can teach you the marketing technology who I think could help you.  They have 20 years of real estate buying and selling experience and are teaching people how to get ahead.  I found BP a little over a year ago while medically recovering from a brain anuerism and a stroke and have learned a bunch since then about investing.

Always do the math analysis and try to look at your prospective properties  before you make an offer or at least have a clause in the sales contract that allows you some time (about 10 days) to make a detailed inspection of the subject property and possibly back out of the deal without a penalty that will hurt you very much. Try to build a good rapport with the seller that you might get financing from.

Be a problem solver and be patient with your learning which you will always have.  I have probably said enough for now but I wish you the best of luck with what you do.