Getting Started North of McKinney

[Andrew Jones]

After a long time saving and learning I've got the nugget I want to use to begin my REI journey. My current plan is:

Single family 3/2's along the McKinney to Dennison stretch of 75. Looking in lower middle class areas where cash purchase + rehab comes in at 120k. While I'm local (Allen) I need to approach this as if I were out of state. That means working with an agent, gc and property manager who can work online and with minimal physical presence. I have access to legal and accounting from my software consulting. I'm looking BRRRR to hold, but should have flexibility by not needing to finance out of the gate should a different exit be needed.

My next step seems to be contacting agents and property management in the area.  Once the hunt begins in earnest finding a contractor will be the biggest hurdle.  I've been reluctant to make these calls in the past because I don't want to waste people's time.  Now I'm ready to move forward and it's time to meet people.

Wish me luck!

[Alex Grosvenor]

Hey Andrew. Nobody ever wants to make those calls. It’s the people who do that are successful. 
Good luck on your journey!