All Forum Posts by: Bryan Byrnes

@Hattie Dizmond @Tyler Blackwell Thanks for the advice. I forgot to mention, I currently own a primary residence in Buda right now (have been in house for 2 years). I'm a little concerned that this house won't make a decent rental property based on my current mortgage plus taxes, etc. and if it can generate enough positive cash flow to make sense going this route. I didn't have REI on my mind 2 years ago or else I would have looked into this scenario before buying. Can you give me advice on where I can find rental rates in the area of Buda? Are your resources online or is it a matter of networking/talking to the correct investors/real estate agents that can provide accurate rental rates?

Hello, I'm in my mid-twenties and am starting in real estate investing. I realize that I have time to my advantage right now and want to utilize this time as much as possible because we all know we don't get time back. I understand there are a lot of different ways to make money in real estate but I am most interested in buy-and-hold to build net worth. I would like to buy my first rental property in the San Antonio or Austin market as soon as I have found the right property and have 20%.

I am trying to save up money for 20% down right now. Have you ever gotten into a buy-and-hold property with less than 20% down? If so, how did you negotiate such a transaction?

Any advice/suggestions on what to do and not do when getting started on buy-and-hold investing would be greatly appreciated! I am motivated and determined to make this venture a success. Thanks!