Another newbie... looking for their first deal

Houston, Texas
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Another newbie... looking for their first deal

Andrew Flather
Member since 2026 · 3 posts · 2 votes

Hey BP community. My name is Andrew and I've been interested in flipping houses for a while now. Been hanging out on the sideline for while but have decided to jump in head first. I have an LLC set up, lending set up and now am looking for my first deal. I joined a few local Facebook groups but most of those deals don't seem like deals at all once you run the numbers. Would love to connect with any wholesalers or investor friendly agents who have deals in Northwest Houston.

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Logan HelmerickPro Member
New to Real Estate · Denver, CO · Member since 2024 · 15 posts · 16 votes
1mo

Hey Andrew, welcome! Sounds like you've done more prep than most people who jump into this. LLC and lending set up before you even have a deal is smart.

The Facebook group thing is super common. Most of what gets posted there has already been passed on by other investors who ran the numbers, or it's priced for retail buyers instead of investors. Doesn't mean deals aren't out there, just means you need better (or more) sources than public FB posts.

Something that tends to work well from what I hear from investors, agents and lenders: meetups. Title companies and hard money lenders also see who's actually closing deals, so ask them for referrals too. And when you're looking for an agent, find one who actually invests themselves or has worked with flippers before, they'll get the ARV and rehab math instead of just showing you retail listings.

Houston's flip market has had good volume lately, so the deals are out there! Best of luck!

[email protected]317-840-3799
BiggerPockets
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  • Robin SimonBusiness Member
    Lender · Austin, TX · Member since 2022 · 5k+ posts · 4k+ votes
    1mo

    Welcome to BP! Are you sticking just to the Houston market?

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  • Andrew Flather
    OP
    Member since 2026 · 3 posts · 2 votes
    1mo

    Thanks Robin.  As of right now yes.  The goal is to expand to other markets but need to get my processes down first.  

    0Reply
  • Keondre Cohen
    OH · Member since 2026 · 60 posts · 17 votes
    1mo

    Northwest Houston is a useful place to stay disciplined on the numbers because a deal can look attractive before repairs, insurance, taxes, vacancy, and holding time are included. I’d keep a simple pass/fail sheet for every wholesale lead and ask for the full scope, not just the headline price, before spending time on it.

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  • Logan HelmerickPro Member
    New to Real Estate · Denver, CO · Member since 2024 · 15 posts · 16 votes
    1mo

    Hey Andrew, welcome! Sounds like you've done more prep than most people who jump into this. LLC and lending set up before you even have a deal is smart.

    The Facebook group thing is super common. Most of what gets posted there has already been passed on by other investors who ran the numbers, or it's priced for retail buyers instead of investors. Doesn't mean deals aren't out there, just means you need better (or more) sources than public FB posts.

    Something that tends to work well from what I hear from investors, agents and lenders: meetups. Title companies and hard money lenders also see who's actually closing deals, so ask them for referrals too. And when you're looking for an agent, find one who actually invests themselves or has worked with flippers before, they'll get the ARV and rehab math instead of just showing you retail listings.

    Houston's flip market has had good volume lately, so the deals are out there! Best of luck!

    [email protected]317-840-3799
    BiggerPockets
    1Reply
  • Andrew Flather
    OP
    Member since 2026 · 3 posts · 2 votes
    1mo

    Thanks everyone!  I just signed up for a few meetups in the next few weeks. 

    1Reply
  • Wale LawalBusiness Member
    Real Estate Broker · Houston | Dallas | Austin, TX · Member since 2018 · 5k+ posts · 2k+ votes
    1mo

    @Andrew Flather

    Welcome to BP! Here in Northwest Houston, I will continue to network with investors and agent friendly to investors, but you cannot just depend on the asking price you need to do your own comparison, cost of the rehab, and cost of holding and exit strategies each time. DM me and I will point you in the right direction.

    Good luck!

    [email protected]832-776-9582Podcast Guest on Show #469
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  • Arman AhmedPro Member
    Real Estate Agent · Columbus Cleveland Dayton, OH · Member since 2024 · 2k+ posts · 890 votes
    1mo
    Quote from @Andrew Flather:

    Hey BP community. My name is Andrew and I've been interested in flipping houses for a while now. Been hanging out on the sideline for while but have decided to jump in head first. I have an LLC set up, lending set up and now am looking for my first deal. I joined a few local Facebook groups but most of those deals don't seem like deals at all once you run the numbers. Would love to connect with any wholesalers or investor friendly agents who have deals in Northwest Houston.


    You’ve already done a lot of the hard setup, so now it’s really about finding a deal that actually works instead of forcing your first one. If Northwest Houston inventory keeps missing the mark, don’t be afraid to look outside your backyard. Midwest markets can offer lower acquisition costs and more value-add opportunities, especially for flips and rentals. Keep your numbers tight, build relationships with a few solid deal sources, and let the deal, not the location, drive the decision.

    [email protected]614-418-6081
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  • Mohammed Rahman
    Real Estate Broker · New York, NY · Member since 2020 · 2k+ posts · 1k+ votes
    1mo

    Hey Andrew,

    It’s better to pass on 20 bad deals than force your first one because you want to get started.

    Since you’re looking in Northwest Houston, I’d focus on building relationships with a few investor-friendly agents and wholesalers who consistently work that area. The best opportunities usually come from people who know exactly what you’re looking for and think of you when something comes across their desk.

    I'd also spend as much time as possible analyzing deals that have already sold. It'll help you get a feel for ARV, rehab costs, and what a real flip margin looks like in your market.

    Good luck on the first one. Always happy to connect and help any way I can - my DMs are always open!

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