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 about 5 years ago on . Most recent reply

User Stats

5
Posts
3
Votes
Kelly Stevens
3
Votes |
5
Posts

Making it beautiful in Austin, TX!

Kelly Stevens
Posted

I didn't realize I had become a real estate investor when I bought the abandoned house across the street and renovated it with plans to rent — I really I just wanted to save the charming 1940s cottage. The project came with a mountain of reno knowledge to add to my handyman knowledge, and grew a love of GC'ing projects (and a lot of heartache and screaming, but that's for another episode).

After running the numbers, I realized it was better to move into the completed cottage (950 sq ft) and rent my previous primary residence (1300 sq ft) as a month-to-month furnished rental. That house is now in its second month of returning $1100/month net.

I'm ready to make real estate investing my full time job in 5 years, with my biggest interests in small multi-family (2-6 unit) buy & hold rentals in the Austin-San Antonio corridor plus Houston, and will probably feel the bug bite again to take on another BRR project as the second or third house (let a gal rest for a minute!) as it is my passion.

Diving in to learn everywhere I can. Already attended an Austin Real Estate InvestHER meeting (smart gals!), so happy to find BP (where do I even begin!??!), and welcome all the knowledge of this community!


Most Popular Reply

User Stats

1,221
Posts
1,007
Votes
Aaron Gordy
  • Real Estate Broker
  • Austin, TX
1,007
Votes |
1,221
Posts
Aaron Gordy
  • Real Estate Broker
  • Austin, TX
Replied

@Kelly Stevens Welcome to BP. Congrats on the project. Remodeling an 1940's house with old wiring and plumbing is a major endeavor. Been there done that. My project was on the east side on a street called Sanchez that connects to MLK. Good fun! Was that in the Austin metro? 

Loading replies...