Newbie from College Station

[Ryan Phillips]

My name is Ryan Phillips, I am 20 years old and I am new to real estate investing. I live in College Station, TX and I am looking to start building a portfolio of deals here! I run a landscape/irrigation company for work but I look to replace my income with REI. As of right now, I am looking to get into wholesaling/flipping just because that is what I am most familiar with, but eventually want to get into multifamily. If you have any tips or want to connect, feel free to let me know!

[Tyler Bradfield]

Originally posted by @Lundin Matthews:

Great area to own rental property! I have 3 rentals around town. The B/CS area is a different animal from any other area in Texas. Tons of great flips and there are investors always looking to buy good quality homes around campus, but homes there will almost never go up in value from year to year.

Btw I have a turnkey property that is very nice and clean message me for details.

 Lundin,

I'm curious as to the location of your 3 rental properties. As a general rule of thumb, we're seeing annual appreciation of around 3.25%, if not more, depending on the location of the property.  The few areas I wouldn't say have followed suit have been North Bryan and Duplexes in South College Station (Edelweis Gardens area). The only reason the SCS duplexes haven't seen much appreciation is because the near campus development has pulled students closer to campus, and rent growth has been stagnant over the past 5 years or so.

Otherwise I agree with all your other comments. 

Welcome Ryan, if you want to meet up for a beer to talk REI or if I can be a resource at all, please let me know.