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Updated almost 12 years ago,
Yet another newbie in DFW
Hello everyone!
I've been lurking for a few months and I figured it was time to jump into the fray. I'm brand new to real estate investing but it's something I've wanted to do for a long time. I have been in insurance sales for the past 10 years and in the restaurant business for the 15 years before that so I'm used to talking to people and networking. That's the easy part. :)
My long term goal is to buy and hold 100+ properties so I can retire comfortably sometime down the road. For now, I'm reading and reading and reading and reading. There's a lot to learn but I'm very excited about this new adventure.
I'm looking to join a good REIA in the DFW area (specifically in the North Dallas area) so if anyone has a good one that they would recommend, I'd appreciate it.
Right now, I'm studying and developing my business plan. So far, I'm looking to start out wholesaling or bird-dogging while I learn and try to build up some capital. I'm a working stiff with a wife and 3 daughters so there's not a lot left over to start this business. However, I am in a position to pour any money that I earn from RE back into my business.
My next step will be to start buying properties. I'll keep some to add to my portfolio and sell others to help pay off my buy and hold properties. I will still wholesale if the situation permits. I plan on sticking with SFH but if a good deal comes across for a MFH, I would certainly consider it.
If there's anyone in the DFW area that would like to mentor someone with a strong work ethic and is eager to learn, please let me know!