Renter · Houston, TX · Member since 2014 · 8 posts · 3 votes
Howdy everyone, my name is Juan Carlos, a recent grad from Texas A&M and now living in Houston, TX. I moved out here for a job in technology consulting and am currently renting an apartment in the Washington/Heights area.
I have been following BiggerPockets for about 6 months now, reading many articles and listening to the podcast and have finally decided to get involved in the forums.
I am a newbie to real estate investing as I have not yet had any deals apart from being a renter but am looking to purchase a property before August ends and be able to move out of my apartment and, ideally, house-hack my property for a year or two. I am deciding between a multi-family property (duplex or fourplex) or a town house, occupying a room and renting the rest. The reason I have not decided is because I am not very well-versed in Houston's market for these types of properties, but I guess that is why I am here :)
Anyways, just wanted to reach out and say hello and looking forward to being involved in BP's community!
Welcome. Take a good look at student housing see below.
Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and rehabbers (cash buyers).
Consider checking out HUD homes for small multi's owner occupied gets first crack.
You might consider Niche or Specialized Housing like student housing. Rents can be 2-4 times more. Remember you don't have to own a property to control it.
Download BP’s newest book here some good due diligence in Chapter 10. Real Estate Rewind Starting over
Welcome. Take a good look at student housing see below.
Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and rehabbers (cash buyers).
Consider checking out HUD homes for small multi's owner occupied gets first crack.
You might consider Niche or Specialized Housing like student housing. Rents can be 2-4 times more. Remember you don't have to own a property to control it.
Download BP’s newest book here some good due diligence in Chapter 10. Real Estate Rewind Starting over
Investor · Houston, TX · Member since 2013 · 471 posts · 267 votes
11y
Welcome I graduated from Texas A&M now and started investing this year in the Houston area. The deals are there. Just start looking and networking. Once something interest you then bring the deal to BP for any advice/help.
San Antonio, TX · Member since 2015 · 6 posts · 1 vote
11y
Welcome! It's good to see another newbie from Texas! I'm looking into multi-family units here in San Antonio so I wonder how different our markets are? As we both learn more we should keep in touch and try to help each other out!
From one Aggie to another, I wish you all the best. I applaud you for starting your RE education early after graduation. BP is an amazing resource with lots of valuable information. I am late to RE but the advice I see and receive over and over is - Educate yourself and then set a defined target to TAKE ACTION.
There is a monthly BP Meetup each month in Houston that @Charles Nguyen and @Brian Nguyen organize. Highly recommend - I attended my first last month and it was a great way to meet other investors in the Houston area.
Houston, TX · Member since 2014 · 108 posts · 30 votes
11y
@Juan Carlos Valdes - Welcome to Houston and the Bigger Pockets community! BP has been a great resource for me to continue learning and meeting others in the investment property world!
Renter · Houston, TX · Member since 2014 · 8 posts · 3 votes
11y
Thanks everyone for your kind words! @Account Closed I will definitely keep in touch and we can learn off each other! I have many friends and family in San Antonio and may actually one day end up moving out there so it would be great to start building relationships. Best of luck!
@Bruce H. Glad several Aggies are on here and thanks for the info on the monthly meetings! I will make sure to attend the next one and looking forward to meeting everyone out there.