Hi Michael, Using a HELOC to fund your first rental can be a smart move, especially if you want to keep your cash on hand for other expenses or future deals.

I started my professional career in medical device sales and still do that full-time.

The handyman would reach out to the tenant to coordinate availability, then coordinate with you on the issue and fixes needed.The Smart locks are a game changer.

Yes, leverage but do it smart.

Whatever you do, leverage smartly—DSCR loans can help you buy more without draining your cash, and depreciation will handle your tax burden for 2024.

The process will be slow, but with patience and smart planning, you can move forward step by step.🔹 Property Tax Relief – If your property is severely damaged, you may qualify for reassessment and potential tax refunds.

Keeping your cash flow separate is smart, but you might as well make that money work for you.I’d look into a high-yield savings account or money market account—at least you’ll earn some interest while keeping it accessible.

I did not mean that you was not smart. 🙂 By investing between your ears, I mean only you can really actively study real estate and different techniques that are right for you. 

You’ve come to the right place to connect with some very smart investors.

I’m drawn to the endless opportunities the Texas market offers and am committed to building my knowledge and skills to make smart, strategic investments.Right now, I’m focused on understanding the basics—everything from evaluating properties and navigating financing to learning about the unique aspects of the Texas real estate market.