Getting married, moving to Texas & Real Estate

[Corin Prendiville]

Hi Bigger Pockets!

My name is Corin Prendiville, I've been devouring all of the podcasts and books for the last month from Bigger Pockets while working with my fiancé to rehab our home here in Seattle, WA and prepare to sell. We are planning to take the equity to begin investing in real estate in Texas (we will be traveling to Texas in July to check out the different cities, but are currently favoring Dallas-Fort Worth and the surrounding area). 

I first learned about real estate as a teenager when I read Rich Dad, Poor Dad (collecting dust on my dads book shelf) - it definitely left an impression but I buried it in the back of my mind for nearly 2 decades (currently 28). Now that I'm getting married and planning to start a family, my fiancé and I are looking to build a strong financial foundation and after doing a bit of house hacking here in Seattle we realized if we really want to get out of working 9 to 5 the rest of our life we should move somewhere with better opportunities (not comfortable doing long distance investing just yet). 

Our interest is primarily in buy and hold on single & multifamily properties (BRRR strategy) where we can add value to a property and eventually replace our existing income. We are also considering transitioning into careers focused around real estate so that we can have our work life in sync with our investing strategy - currently looking for at least one of us (her most likely) becoming a real estate agent, I am considering getting into being a GC (my father was a contractor for decades) but also considering the real estate agent tract with a goal of starting a PM company once we have the experience.

I'm excited to keep learning as much as possible, and we are probably going to be buying our first property somewhere in Texas before the end of Summer - but its quite a load with the wedding planning happening at the same time!

[Sammy G.]

Welcome to BP, looking forward to seeing you in Texas and congratulations on getting married soon. Texas is a great place to invest in real estate & the opportunities are abundant, still.
Sad to hear you are not considering Houston as one of your locations.