Texas Real Estate Q&A Discussion Forum
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 3 years ago,
Former PGA Club Professional looking to buy first property
Hello everyone!
Former PGA Club Professional turned tech salesperson here. I recently moved from Michigan to the McKinney area, looking to do the the good ole househacking that everyone is sick of hearing all the time.
Been able to put myself in a position financially but more importantly, timewise where I can pursue time to actually buy up property and start to scale. I have been stuck in the analysis paralysis for the last two years and will be looking at giving myself the next 6 months to buy a multifamily unit near the DFW area, but flexible on the location.
I understand that the DFW in terms of multifamily is the not the easiest to find but am willing to put in the time and work to find the right property to get started. As for now, evaluated many options but am more than likely going the FHA route to get a property that is good-boned but in need of renovating in hopes to cashflow a few hundred a month after all expenses.
Sincerely am grateful for all the amazing people on this platform and would love any advice on understanding the market here in Texas, property management companies, contractors, tax laws, LLCs, etc.
P.S. Open to playing a round of golf or two so don't be afraid to ask!