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All Forum Posts by: Becky S.

Becky S. has started 1 posts and replied 5 times.

Post: New Member from Austin area

Becky S.Posted
  • Elgin, TX
  • Posts 5
  • Votes 0

Thanks everyone! I'm looking forward to the next Austin meet up and will check out Austin on BiggerPockets to see what comes up.

~Becky

Post: New Member from Austin area

Becky S.Posted
  • Elgin, TX
  • Posts 5
  • Votes 0

Hi Jon, thanks for the clarification on wholesaling and finding the gems through marketing. So far, most of ours have been through MLS listings, but I designed and am ordering marketing materials this weekend. You are right on with finding motivated sellers. Not as easy to do on MLS.

Good to hear your son benefitted from equine assisted therapy, and I'm glad to hear from a member who understands how horses can be a healing force.

Post: New Member from Austin area

Becky S.Posted
  • Elgin, TX
  • Posts 5
  • Votes 0

Thanks for the heads up, Raquel. I will definitely check it out.

James, your post says it all. I feel the same way, though my partner feels quantity is the name of the game in our area. There are a lot of investors in our area now. It takes time to sort through and pick the deals that make sense and those are snapped up quickly. I have learned to act fast. But yes, rather than making tons of offers, I would rather analyze and focus on those properties that are more promising. Quality over quantity. Thanks for the welcome.

Post: New Member from Austin area

Becky S.Posted
  • Elgin, TX
  • Posts 5
  • Votes 0

Howdy All! We are Turning Point Properties, a group of 3 investors with totally different backgrounds, personalities and interests. The thing we share in common is our passion for RE investing. My brother, Larry, is a true entrepreneur, a seasoned investor and former broker, my partner Terry is great with construction and maintenance issues, and I'm Becky, the bird dog, though I'd prefer to be an eagle with an eye for some promising properties. We are all learning the Austin and surrounding area markets, and are looking for possible wholesale deals, a few fix & flips and 1-2 rentals to hold.

We all have different reasons for becoming investors but I can only speak for mine. I run an equine assisted therapy facility and it takes money to keep it going. It is my dream and goal to be able to offer free or very low cost outpatient services for eating disorder clients who cannot afford therapy due to insurance coverage exclusions. I'm also gearing up to offer transition services to returning veterans for a better reintegration into civilian and family life from active duty.

Larry says REI is totally a numbers game, so he tells me to put in "hundreds of offers" to find a few that work. We have some offers in now, but I'm finding it takes lots of time to find properties that fit the formula we need. , I'm looking forward to learning as I go, learning from others who have been there and in turn helping others in the future.

Post: Went to my first tax auction today

Becky S.Posted
  • Elgin, TX
  • Posts 5
  • Votes 0

Carl, I can't believe I just stumbled upon your post! I was checking out the same auction and had planned to go, but by the day before the sale, with only 3-4 properties available, I decided against the trek up there from Elgin. I wanted to go solely for the property you mentioned with a starting bid at $9100. We had not done our due diligence yet on the property, so I wasn't bidding on it but was really curious how it turned out because it seemed like a great opportunity. Thanks for posting this amazing story. It is a small world. And thanks to your post I won't always be wondering about that place. Somebody got a heck of a great deal at that price. Sad about your friend's uncle, though.

I was talking with an investor friend in Austin last month about forming a REI group out in this area. We are wholesaling and have offers in on a few fix ups, just getting started as well, but have an experienced investor/former broker on our team. Get in touch if you would like to join us in getting a meet up started for the outlying areas of Austin. That offer is extended to everyone near the Austin area. I'll post meet up info separately too. Thanks & hope to meet you soon!!