Tim Herriage, Entrepreneur

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Rockwall, TX
Tim Herriage, Entrepreneur

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Have more of what you want, not what you see. Take back your time and own your happiness. Faith, Family, Outdoors, BBQ, Beer, and some Real Estate

I am a real estate investor that is passionate about buying investment property and living a life of freedom.

11/01/2026

Real estate investing is not dead.

Wholesaling isn't dead, the housing market isn't dead and the American dream isn't dead.

Be careful who you listen to right now, because fear sells.

If you've made mistakes and you're afraid, take inventory and reset your expectations and your mindset.

Then get up in the morning and decide what you can do to move your company forward today.

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10/31/2026

Everyone wants to know where flips are making the most money.

Right now we see a lot of activity in Pittsburgh, Connecticut and across the Northeast and Midwest.

But the best market on paper can be the worst market for you if you don't have a team that can execute the rehab.

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10/30/2026

Most of your flip profit is gone before you ever sell.

Interest, agent fees, closing costs, taxes and insurance all take their cut.

One surprise repair and you're almost working for free.

That's why the cushion matters.

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10/29/2026

You can flip with almost nothing down.

Our typical fix and flip loan is around $180,000 with a $50,000 rehab holdback.

Most borrowers only bring closing costs, points, insurance and a small down payment.

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10/28/2026

I get asked all the time what the best market to invest in is.

The honest answer is it depends on your strategy.

If you're flipping luxury homes, it's probably somewhere in California.

If you're flipping mid-range properties, probably North Carolina.

If you're a rental investor, Ohio.

If you want something more stable, maybe it's Dallas.

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10/26/2026

My first mentor told me there's one key to business.

You need a bigger front door than a back door.

Let in all the money you can and keep as much of it as you can.

From 2020 to 2023 a lot of us built some bad habits.

Grow, spend, increase, repeat.

Back when it was just my wife and me flipping houses, we made $300K a year.

Later I had 27 cold callers and was wholesaling 32 houses a month.

I was bringing in $200K and paying out $180K.

Sometimes the humble move is admitting the model doesn't work.

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10/24/2026

I believe chaos and opportunity are the same thing.

It all comes down to how you look at it.

Right now my customers are winning in places most people overlook.

Families are chasing safe schools and homes they can afford, not beaches.

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10/24/2026

I see your bank statements.

You need to stop taking money out of your company.

You're robbing from yourself.

You're not making the money you did three or four years ago.

Some of you are taking draw money to pay your salary, and that has to stop.

That might mean sitting down with your significant other and saying we're going from $10K a month out of the business to $3K a month for the next six months.

I have to fix this negative cash flow, and the business needs that money reinvested.

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10/23/2026

Most sellers have a luxury that builders don't.

When the market cools, I can simply decide to stay put another year.

A builder sitting on finished inventory has no such option.

Those homes have to move, so the discounts and incentives keep stacking up.

Here in DFW, I get emails from builders every single day offering 15 to 20% off.

For an investor, that's an opportunity most people aren't paying attention to.

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10/22/2026

Most investors I talk to still think new construction is the expensive option.

Right now the math says the opposite.

Builders are under real pressure to hit a price buyers can afford.

So the savings are showing up in the finishes, not in the bones of the house.

For me that changes the whole rental conversation.

A newer build sits in a neighborhood that is still growing into its value.

The systems are current and built to today's code.

That means fewer surprise repairs eating into my cash flow over a long hold.

I have believed this for a while now.

If I were adding a rental to my portfolio today, new construction would be at the top of my list.

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Address

519 E Interstate 30
Rockwall, TX
75087

Telephone

+12146071227

Website

https://linktr.ee/timherriage

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