Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply

User Stats

3
Posts
0
Votes

Looking for first buy and hold rental in the Houston area

Posted

Hey BP community! First post here..I've been soaking up all this community has to offer for a few months, but a bit hesitant to reach out to ask for help. I'm jumping in. I'm going to buy my first buy and hold single family home this year, but a little unsure of how to move forward.

I've spoken to 3 lenders, narrowed down my price range, and what I'm looking for in a house, but am unsure of what area to look at. Right now I am looking all around Houston, but it's a bit daunting.

I've analyzed around 50 properties, but not sure how to narrow down the search since right now I'm just kinda looking everywhere.

Should I be narrowing down a zip code or 2, or just looking more generally?

Any and all feedback is welcome! Tell me I'm doing this all ***-backwards if needed - here to learn.

Thanks in advance.

Most Popular Reply

User Stats

27
Posts
9
Votes
Replied

I am in the same scenario, you beat me to the post for advise. I have a realtor that gave me a few recommendations on areas in Houston to invest in, so today I went to those areas to find out the zip codes. Then from there I used the BP insights to get rent estimate for those zip codes. Out of those 3 recommended areas I saw that for 3 bed 2 bath, 77018 gets the highest rent, followed by 77009, then 77051. Those aren't the same order for a 2 bed 1 bath. I am trying to narrow my search so I am going with the 3/2. I am fairly new to real estate as well, so I am excited to hear what other responses you get.

Loading replies...