STRs or LTRs in the Rio Grande Texas.

[Ab Okoeguale]

I am a first time real estate investor and I've saved little cash for real estate investment in Texas,should I concentrate in Rio Grande area or invest in out of state?? Should I go LTR or STRs?? I am confused. 

[Hamp Lee III]

I recommend starting local and moving out. There are opportunities, but what's important is knowing your niche (e.g., STR, MTR, LTR, etc.) and running your numbers.

Check out the following to help you get started:

1️⃣ Download this ultimate beginner’s guide: https://assets2.biggerpockets.com/uploads/user_file/file_object/1694/UBG_2018.pdf

2️⃣ Read BP beginner books on investing: https://store.biggerpockets.co...

Also, read Rich Dad, Poor Dad by Robert Kiyosaki and Think and Grow Rich by Napoleon Hill

3️⃣ Subscribe to BP podcasts or YouTube channel and watch their webinars.

4️⃣ Ask questions here on the forums.

5️⃣ Visit (join) a local (and legit) real estate investment association.

6️⃣ Consider joining a BP bootcamp: https://www.biggerpockets.com/blog/real-estate-investing-bootcamps

Feel free to contact me if you have additional questions.

I wish you all the best in your investing journey!