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Updated almost 5 years ago,

User Stats

5
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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!


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