All Forum Posts by: Lauren Lockett

Welcome Lauren! I will be at the Grapevine Impact meeting tomorrow. Make sure to say hi! I also run a meetup in Addison. We have a lot of newer investors in my group. My philosophy is that everyone comes with life experience that can contribute. Think about your job skills, personal background, or other skill sets that can be valuable to someone else. Sometimes it's just the time availability that allows you to be helpful (drive for dollars, updating remodel pics, sending out letter campaigns, etc.) The biggest thing is to be honest about skills you have or don't have, and follow through on what you've committed to doing. Consistency will make you stand out.

 Lauren, there is also another IMPACT Meeting coming up in Grapevine next Monday (4th Monday of the month) at Dave and Busters.

and another meetup IMPACT Plano on the 1st Thursday in Plano, Sept 7th

and in Denton on the 3rd Monday of the Month 

you can find more on meetup  

if you search on DFW meetups in bigger pockets you will find probably several times where Ive posted some notes about meetups.  After seeing your info about impact I probably need to update that with all or more of their locations.

I found this list of REI groups that operate out of the greater Dallas area: https://www.meetup.com/topics/real-estate-investing-meetings...

There are also plenty of great groups in other large metropolitan areas in Texas, like Austin and Houston, if you're looking to expand your connection and optimize your time. 

The DFW area is huge with a ton of municipalities - can't really paint it with a broad brush.  Dallas city proper is probably what you are thinking about, thought other cities have their own programs/requirements/or have taken no action at all.

I know I'm late to the dance, but just found out about the STR ban in the DFW area, but I still see a TON of listings on AirBnB…

Is anyone on here still doing STR in those areas? If so, is it just a gamble in hoping you don't get caught? Or are they not enforcing it?

Was about to pull the trigger on starting an STR there but now looks like we'll be settling for LTR with Pennie's of cash flow.

I have never used this strategy on any properties I own, but am trying to learn as much as possible to see if it might make sense to incorporate this strategy throughout Oklahoma City.

With that said I’m trying to learn about people’s experience with it, good and bad, to see if this strategy makes sense for the Oklahoma City market. Has anyone used this strategy? If so, what were the results and what area/sub-market were the properties located? Any information would be greatly appreciated and very helpful.

So for the last year or so, I have been thinking more about physical health. I’ll be 50 in less than a year.
Overall I do not personally know any active, long-term investors that actually smoke. Maybe they are there I just don’t know them. I do know quite a number of investors that drink. I personally quit drinking many years ago for faith based reasons not necessarily physical. Of course, it has more than likely had a positive physical impact.  There are topics on generational wealth, etc. etc. so people are definitely thinking about the future.  I feel like the folks that are getting a little older should think serious about it.
I recently started riding my bike around the block and a few times going bike riding with a friend. Very amateurish as far as skill level and endurance, but it is a start. I have not been getting donuts from the donut shop or drinking soda. I’m not preparing for a marathon or nothing like that but I’m starting to think more about health. 
I’m not starting  this post from a vanity stand point. We’re not talking about getting in shape so we can wear tight shirts and show off  our body. I’m talking about getting in better Health so we can enjoy life longer and be a blessing to society longer.

Anyone have any experience, encouragement, pointers, or comments?