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Updated about 6 years ago on . Most recent reply

User Stats

37
Posts
18
Votes
William Kelly
  • Aubrey, TX
18
Votes |
37
Posts

New to Real Estate Investing!

William Kelly
  • Aubrey, TX
Posted

Hey Guys my name is William,

I have been learning from BP for almost two years now by reading books and listening to podcasts. My girlfriend and I will be moving down to Aubrey TX where I will be jumping into Real Estate full time and as they say in Texas "grabbing the bull by its horns". I am curious to know if anyone else is down there in that area between Aubrey Texas and Frisco Texas? I currently live in Illinois and plan on making the move in May due to the rental lease that I am on still. Do you guys have any advice on how to better prepare myself for the move and the jump into real estate? I am constantly reading books, listening to podcasts and determining what the best strategy of real estate would be. I created a website that says "we buy houses" for the area down there but haven't paid for marketing it so it hasn't had any leads. I've been studying the market, median price homes and comparable's to what I am looking for but find it extremely difficult to find a deal on zillow, realtor, trulia etc. I feel like I will have more traction once I get down there and can begin driving for dollars or other methods but my question is, is there anything I can do for the next 5 months to begin generating leads of buying properties at a significant discounted price and begin investing before I even get out there?

Thanks for your responses!! 

Most Popular Reply

User Stats

2,396
Posts
1,747
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Brandon L.
  • Real Estate Agent
  • Falls Church
1,747
Votes |
2,396
Posts
Brandon L.
  • Real Estate Agent
  • Falls Church
Replied

Hello! @William Kelly

Welcome to BP, and congratulations on making the decision to invest in your future via real estate.

I have written a few blog posts that may help you get started here on BP, and with your investing. Please click on the links, give them a read, and share your thoughts in the comments.

First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:

https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp

The second is a post that will help get you focused with your real estate investing goals:

https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciated

The last one is a post that will help you choose an “investor friendly” real estate agent.

There are many agents out there, but it’s important to choose the right one.

https://www.biggerpockets.com/blogs/5868/52724-im-new-to-investing-how-do-i-find-an-investor-friendly-agent

I love answering questions if you have any! Good Luck :)

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