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All Forum Posts by: Paul Nguyen

Paul Nguyen has started 1 posts and replied 2 times.

@Jason Hirko I am marketing to the in the outer areas of Austin, such as the 78745 area, Pflugerville, Hutto, and Cedar Park. I agree, wholesaling is definitely a good way to get profit but I think if I got a house under contract I would try to find a way to finance the purchase rather than sell the contract haha.

@Nasar Bhegani  I agree, building capital is definitely a big goal of mine. Thank you for the offer! I will definitely reach out to you.

Hello Everyone,

This is my first post on BiggerPockets. I am a Real Estate Investor in the Austin, Texas area. I started learning about Real Estate Investing around July of 2015. I am currently working Full-Time and investing part time. In this year, I started an LLC, have been marketing through bandit signs, direct mail, and door knocking. I am still looking for my first deal to put into my portfolio. My goal is to have at least 2 house under my name by the end of 2016. I have learned a lot in the past year through reading all the books from Bigger Pockets, listening to Podcasts, going to investor Meetups, and building my systems. I understand I am in a very hot market and people are buying at above market prices, which I do not want to do, and could not afford to do even if I wanted to.

From what you can understand about my situation, what do you think are the most important steps I can take in my goal of purchasing 2 properties this year? I know I will probably have to creatively finance my deals since I do not have the funds to do a 20% down on houses in this area which are $175k+ ARV. What should I be doing daily to create constant progress towards this goal? I always try to evaluate myself and my progress but having an outside opinion is very valuable. Thank you for taking the time to read this post.