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Updated almost 8 years ago, 01/05/2017

User Stats

361
Posts
394
Votes
Kris Wong
  • Rental Property Investor
  • Austin, TX
394
Votes |
361
Posts

New member in Austin, TX

Kris Wong
  • Rental Property Investor
  • Austin, TX
Posted

Hello all,

I started investing in real estate at the end of 2014 as a buy and hold investor. I currently own 2 properties, 3 units here in Austin. I invest using conventional financing with my own money down, so I acquire properties at a slower pace than many members here on BP, which suits me nicely. I will be looking to add 1 - 2 small multis around the Austin area to my portfolio in 2017. If you're a wholesaler in the area, I would be interested in talking to you.

Outside of investing, which is definitely part time for me, I am a Senior Manager for a large software company, managing a team of software engineers. I enjoy my job and do not have plans to leave it in the short to mid term.

Once I've got a couple more residential properties under my belt, I will likely start looking at apartment buildings in the 5 - 20 unit range. At this point I plan to start using outside investment.

I've also been toying with the idea of investing outside Austin, as investors in this area are forgoing all cash flows and banking on pure appreciation. That's not really my game.

Feel free to connect with me and I look forward to starting some new relationships here on BP!

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