All Forum Posts by: Sara Roane

@Mark Pedroza thanks for the info! Doesn't seem to be too much posted. I'll keep looking! :)

Hi @James Call

Thank you so much for your insight. Interesting that you are or have been involved in both markets I'm currently investigating! My goal is to zero in on one market initially and long term, invest in both areas - unless market changes steer me elsewhere or away from them. Do you have any realtors you would personally recommend from NWA or the San Antonio to Austin corridor? 

Hi there! My husband and I are just begining our real estate investment business. Im looking to start learning the ropes by offering to help or at least connect with a local Bay Area wholesaler. Is that you or someone you know? Thanks in advance!

Hi there! My husband and I are starting our investment real estate company with a focus on out of state multi-unit properties.

Our target markets include central Texas and Northweat Arkansas.

Anyone in the area investing out of state and/or in those areas? Open to Masterminds, partnerships, networking, general exchange of experience and learning.

Thanks for reading,

Have a wonderful day!

@Jordan Callaway no worries! And thanks for your thoughts. The house hack on a 4plex was our original plan, just finding it doesn't seem to work well in our market.

@Ali Boone thanks for your time and advice, much appreciated!

Thanks @Jack Butala ! I appreciate you!

Thanks for the welcome and encouragement! Definitely working on it @jake stuttgen !  

@Ali Boone we're getting there I think. We've narrowed our market down to the San Antonio/San Marcos, TX and Northwest Arkansas. I'm using the calculators to determine cash flow with our goal being $100-200 monthly cash flow per unit and at least 12-15% cash on cash return.  I'm looking for properties listed 20-30% below market and/or distressed properties that just need some cosmetic repairs so we can improve the value once purchased. This is my general first glance analysis. Any further tips? 

Hi y'all!

My name is Sara Roane and my husband and I are real estate investors. We've yet to make our first deal and I've been studying, analyzing and planning for almost two months now. Neither of us works in real estate - I'm a yoga teacher and he's a research chemist. Real estate is a newly found passion of ours that we plan to use to achieve financial freedom and create multigenerational health & wealth for our family - just married last year!

We had originally planned to house hack, however, have found ourselves in a tough market (Bay Area) where FHA seems unheard of, landlords seem unprotected, and all of our seed money would end up locked up with little return - at least that's how the deals are feeling so far... I could be wrong, still learning!

We're shifting our approach and have been analyzing markets out of state and we're taking on Brandon Turners 90 day challenge! 

Posting here for accountability! 

We will make an offer by August 31st on a multiplex rental property with a minimum of 4 units - market TBD.

Woohoo! That feels good :)

Looking forward to learning from, connecting with, and eventually being able to pass on what I've learned here in the BP community. So glad we found BP!

Thanks for reading, have a great day!