Beginning Investor in Dallas - DFW area

[Zane M.]

I'm a little slow at getting around to posting an introduction post.  I've already got a "how I got here" kind of post on my blog.  I'm an IT Systems Administrator at a point where I have to specialize to go any further.  I live in Carrollton, TX (suburb of Dallas) and commute to Down Town every day.  I want to stop that commute.

Anyway, my experience in Real Estate investing is only a little.  I've had a rental property that was my original house.  It's being sold.  I had purchased a 2nd house while the first was being rented and that one has been sold.  So I'm not new to the process of flipping, just new to doing intentionally for profit.  I've got a business partner who is a retired general contractor looking for something to pass the time.  Together I'm confident we can estimate repairs and perform them easily.  If we can't do it ourselves, he can manage a subcontractor to perform the work while I look on in awe and learn from a master.  All in all, a pretty good starting point.

I'm getting old (40, I know, that's not "old"...) but I've learned in that time that you can't be 100% sure about anything.  I've looked, researched, and done my homework so to speak so I'm now looking at the next steps.  Once my current contract signed and dried, I'll be looking for a property to start rehabbing with the proceeds of that sale.

So that's where I am.  My first goal is to learn enough from my partner and form enough friendships to have a group of trusted subcontractors that I just point them at a job and it gets done.  I'm also flipping houses to start off with so I can start the (new and improved...) BARRRR process.  It probably won't take long to get to that point but that's the direction.  The next big step goal is earning enough income passively to equal my job.  Build up a safety net then go full time real estate investing.

Feel free to connect with me, follow me, ETC.  If you're in the Dallas Metroplex, I hope to meet up with you some day.

I'm planning on catching the Denton County event in Flower Mound since I do live, technically, in Denton County.

Good luck in your business and I hope to form friendships with as many of you as I can.

--Zane