New to Bigger Pockets community

[Shanna Nikole]

Hi! I am super excited to be on this site and to get started. I'm currently in the Los Angeles area but hope to invest my first SFR in Dallas, TX. I am interested in house hacking. I am listening to BP podcasts and reading BP books and enjoying them a lot. I made my first contact with a RE agent/broker and will begin to make things happen. This is a game-changer for me and I look forward to the long haul pay outs!!!

Thanks,

Shanna

[Will Barnard]

Welcome to BP Nation Shanna. If you intend to house hack in Dallas, I assume you will be moving there? As for your agent contact, don't get tied up with the first one you meet. Agents make money by representing buyers and sellers so they have self interests. Make sure you get the correct data, learn the lingo, learn the market trends and statistics, and then have conversations with multiple agents. This subtle interview (for lack of a better term) of each will give you different opinions and perspectives from different agents depending on their experience levels and current knowledge. If you can make an off market purchase, you will likely get a better deal and thus, have more equity from the start - make your money when you buy.

Building your team either here in LA or in Dallas will also be essential. Network at RE meetups and get to know others who do what you want to do, get tips and tricks from them and learn about the mistakes they have made. Some of the very best education you can get is learning from others mistakes so you can avoid them, increasing your odds of success!