All Forum Posts by: Derrick Biggs

@Yulia J.

Based on what others have written here, it looks like the first place to go wood be your renter’s agreement. What stipulations are in place today? If nothing to deal with this type of scenario, consider adding to your renter renewals moving forward.

Looking to purchase my first rental property and am in the education / research stages of this great adventure. BRRRR sounds like a perfect strategy.

I’m interested in connecting with somebody who can help me think through my approach and become a potential team member going forward. What team member should I reach out to first to help me get started if I’m looking to get properties off market? Real Estate Agent? Broker? Wholesaler?

Looking in Waco, TX.

@Joe Alford not sure if you’re seeing my replies to others as group messages or not, so reposting this just in case.

I just found out about this group. 2nd Weds every month from 6-8pm in Waco at Uncle Dan’s BBQ.

http://meetu.ps/e/GPDwD/KzwDj/ahttp://meetu.ps/e/GPDwD/KzwDj/a

@Pete Harper I just found out about this group. 2nd Weds every month from 6-8pm in Waco at Uncle Dan’s BBQ.

http://meetu.ps/e/GPDwD/KzwDj/ahttp://meetu.ps/e/GPDwD/KzwDj/a

@Andrew Zannotti works for me. Let’s find some time when you get back. In the meantime, I did find out about this group in Waco. They meet every 2nd Weds of the month at Uncle Dan’s BBQ from 6-8pm.

http://meetu.ps/e/GPDwD/KzwDj/ahttp://meetu.ps/e/GPDwD/KzwDj/a

@Joe Alford, sounds good. Do you live in Waco proper? I work downtown and would love to hear your story. If you’re up for grabbing lunch sometime, I’m happy to buy.

@Andrew Zannotti, thanks for the tip! Will keep you posted if I find one. I'm still thinking through my capital strategy, so it would be good to hear about your experience with BRRRR.

Hi, folks. Aspiring rental property investor looking to build my network. What’s the best way to look into meet ups? I’m in Waco, TX. Looking for opportunities to learn about single family or small multi-family investing.

Thanks for the feedback, Michael! Quick follow-up: apart from Googling MSAs and reaching out to agents to understand neighborhoods or markets, is there a website you’ll typically go to to start your research?

Hi, folks. My name is Derrick. I live in TX. And I'm a newbie who's excited to be on this forum!

I'm a marketing strategist by training and am really curious to get some personal perspectives from y'all:

• What KPIs / metrics matter when researching in which communities to invest?
• What are the best indicators that lead you to believe certain neighborhoods or markets will offer cash flowing properties?
• What trends or market conditions do you avoid?

Recently, I haven't been able to let go of the idea of real estate investing as a vehicle for income independence and family freedom. So, I've started educating myself (currently taking in as many podcasts as I can and reading through Brandon's The Book on Rental Property Investing), with a goal to purchase my first rental property in the next year. 

Thanks for connecting!

Best regards,

Derrick