All Forum Posts by: Alex Miller

@Greg M. Bingo.

@Reuben L. If it’s a house hack at the beginning the property management wouldn’t be needed so that 190 wouldn’t need to be paid out.

Once the reality of hiring a property manager comes into play appreciation would have increased value, loan would’ve been paid down quite a bit, and rents would have probably increased a good amount.

@Greg M. I’m with you 100%. Once he moved out it looks like it would start cash flowing decently. I think this is more a case of cold feet and nerves.

Thanks boss!  

Barry, thanks for the direction!  

Thanks, looking forward to it!  

Thanks for your kind words! Can't wait to get in the game.  

Thank you! I'm definitely aiming for turnkey, especially for my first property!  

This is what I've been hearing. Any resources you care to point me to?

Thanks!

Hello everybody! 

I'm new to the Bigger Pockets community and I'm glad I found you guys! I graduated from college last year and interested in getting into real estate. I don't have any property's right now - saving up some money for my downpayment. I'm looking to purchase my first property within the next year. This will give me plenty of time to save up a good chunk of money and get my credit pretty high. 

I'm based in Dallas, Texas so ideally my plan is to purchase my first property in the DFW area. As a first time investor, I know I have a lot to learn. But if you guys can send some knowledge my way of what a first time real estate investor needs to know it'll be greatly appreciated. My plan is to get either a SF or MF property to start with. I know Texas has a pretty good program when it comes to first time home buyers. 

I'm in complete sponge mode at the moment so if anybody located in the DFW would be willing to meet up and share knowledge with me it'd be greatly appreciated. 

Thank you!