Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

4
Posts
1
Votes
Kurt Jordan
  • Rental Property Investor
  • Frisco, TX
1
Votes |
4
Posts

New to Small Multi-Family - Looking to get Started - DFW

Kurt Jordan
  • Rental Property Investor
  • Frisco, TX
Posted

Hello BP community!  

I am new to the forums and somewhat new to real estate investing (~2 years).  My experience is buy and hold single family in the DFW area.  After reading several books (The Millionaire Real Estate Investor, Cash Flow Quadrant, Complete Guide to Buying and Selling Apartment Buildings, Rich Dad Poor Dad, etc.) and soaking up all the BP content I possible can, I would like to expand my portfolio into small multi-family (5-20 units). From there, I would like to scale up into larger multi family as my experience grows. My budget for the first deal is up to $1MM. Once I have experience with the small multi family, I'd like to raise capital for the next one (about to start reading Raising Private Capital), using my first deal as a way to show experience.

My question through my introduction is, who are some of the best commercial brokers in the area that I could connect with to find properties within this criteria? I understand relationships in real estate are very important.  Also, what other tips and tricks would you guys suggest as I embark on this journey?

As another side note, I have a very stable, non real estate related job, but am looking for opportunities to take a more active role in the real estate industry. If anyone has any suggestions or opportunities for any of these questions, I would be grateful to hear from you!  Thanks BP!

Most Popular Reply

User Stats

4
Posts
1
Votes
Kurt Jordan
  • Rental Property Investor
  • Frisco, TX
1
Votes |
4
Posts
Kurt Jordan
  • Rental Property Investor
  • Frisco, TX
Replied
@Thomas Gillott Thanks Thomas! Best of luck to you too!

Loading replies...