All Forum Posts by: Chris Yang

Thanks, Stone. I have thought about SA as well since it's not too far from Austin. Currently I have 0 contact, so looking for a way to start.

Hi @Mitch Messer, thanks for replying! I am looking at SA market as well since it's not too far from where I am at. How did you first get started when you still had a gig in engineering? Also, how do you find right contractors to work with if you are investing remotely? Are you partnering with local investors?

Hello BiggerPockets family!

I am thinking of getting into the real estate investment field in the next 6-12 months, as that was one of the reasons moving us from CA to TX last year. We currently live in Austin area, but we are also open to other MSAs in TX as I am seeing Austin getting too pricey. My near-term goal is to start out with BRRR and/or fix-flip models, while still working full-time. Ultimately, I'd like to resign from my engineering job and run RE business full-time.

Question I have is how to get my feet wet in this field, I know I shouldn't be focus on profit but gaining experience in the beginning. I have some capitals in hand (~300K) and own a house free and clear so potentially I am looking at ~500K if I cash-out from my current equity. 

The model itself is easy to understand but the hard part I foresee would be finding the deals, get to know good contractors for rehab. I imagine I should learn those stuff from a more experienced team.

Any advice on how to get started is appreciated!