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Updated about 7 years ago on . Most recent reply

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Gabe Lazurka
  • Del Rio, TX
4
Votes |
6
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Greetings from Del Rio, TX!

Gabe Lazurka
  • Del Rio, TX
Posted

Good evening everyone,

My name is Gabriel (Gabe) Lazurka and I currently live in Del Rio, TX.  I originally hail from the thumb area of Michigan but my career in the Air Force took me first to Charleston, SC and now to Del Rio. 

I first became interested in investing in real estate back in 2009 after reading everyone's favorite, "Rich Dad, Poor Dad".  While stationed in Charleston, we became "accidental landlords" when we moved out of our primary residence and decided to rent it out rather than sell it.  To date, that is the only rental property that we have but we've decided that moving forward we want to start growing our portfolio with the goal of supplementing our income, growing a business and eventually, obtaining financial freedom.  In other words, we are in it for the long haul.

My goal is to replace at least half of my military income so I have the option of separating and investing full-time in March of 2020. I want to start small by BRRRRing 1 SFR in 2018 and continue building a financial runway (thank you, Scott Trench). This would be my first true investment property but I'm hoping to learn a lot so I can develop my own systems and processes to apply to future deals. My options in Del Rio are very limited so I'll be looking to buy in the San Antonio area (2.5-3 hours away). If there is anyone in the Del Rio area who would live to sit down and chat about real estate, please let me know. While my wife is onboard, her eyes tend to glaze over when I start talking about ROI and Cash-on-Cash Returns. I really don't get it.

I'm thankful that a community like BiggerPockets exists and I look forward to connecting with you all in the future.  

Happy New Year!  I hope everyone reaches their goals in 2018.

Most Popular Reply

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2,850
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Rick Pozos
  • Wholesaler, Rehabber and Landlord
  • San Antonio, TX
2,486
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2,850
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Rick Pozos
  • Wholesaler, Rehabber and Landlord
  • San Antonio, TX
Replied

I know there are some folks from Del Rio and Uvalde on here. Maybe do a search for them. There are plenty of groups, meetups and BIG groups that meet every week here in San Antonio. 

I have to tell you that getting cash flow of 3k to 4k or more per month is pretty much a full time job if you want it done by 2020. It is not impossible, but you have to work at it like a crack addict. It also depends on how much money that you can direct towards your real estate investing.

If you need anything give me a call.

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