All Forum Posts by: Stephen Bennett

Amen, Kevin. Cream rises to the top. Make your rentals the best value in the neighborhood and you will prosper. Many aren't willing to do that. No worries, good investors will be waiting for those properties, too!

Thanks for the shout out, @Brandon Shoate.  Will be in touch.

Steve

Brian, 

Thanks for the information and link to your very informative article. Seems like deals are possible, but one should be very careful with the numbers. 

Good Advice, Chuck, and much appreciated. We are very numbers oriented. My wife is a hotel asset manager and CPA in her daily profession and tracks every penny of every deal. We'll step carefully in the market. 

Thanks, Myles. Do you have real estate investments in other areas yet?

I used to live in Missouri City, on Feather Ridge, many years ago.

Steve

Hi Matt,

My wife and I have held all six rental units we have acquired so far. We want to hold them for the cash flow it will bring to replace our current incomes during retirement. So we plan on holding a growing portfolio for that purpose. We will flip others as opportunities arise for raising capital to reinvest in chunks. Our best option in financing so far has been in creating relationships eight local small banks. If you go in to them well prepared with solid numbers, they will be willing to invest in you. I'm not familiar enough wth the forums yet to refer you to a good one on rentals. I'm sure there are many here.

Steve 

Thanks for your reply, Kevin. I've heard that Killeen is primarily a renter's market. We want to build a strong "buy and hold" portfolio as well as doing flips that make sense, so Killeen. May be a better market for us in that regard. It's nice to get the connection and will definitely try to work together in the area.

Steve

Hi, my name is Steve. I am a Jr. High School teacher of Engineering and Technology. My wife and I own six units so far and our goal is to invest in both buy and hold and flip properties. We are looking in the Katy, Waco, Killeen areas of Texas currently for single family and multi unit properties. BP podcasts have filled much of our time traveling to Waco on weekends as we currently work on a Reno there. We are both looking forward to building investor relationships on BP.