New Investor from Houston looking for hot deals!

New Investor from Houston looking for hot deals!

Investor · Houston, TX · Member since 2016 · 7 posts · 2 votes

Hello All! My name is Mary and I am a new investor from Houston TX. I have been browsing BiggerPockets with my husband in the last few weeks and we are already enjoying the webinars and checking different forums. We were amazed on the amount of information we could find here and how everybody is sharing their knowledge and experience.

We would like to follow the BRRR strategy for multifamily units as well as single family homes. We are trying to find our first investment property as soon as possible and cannot wait to make our hands wet!

The biggest challenge though, is to find a good deal and not to be over bitten by other buyers. We are looking to find whole sellers who are working in Houston, Katy and Spring areas. Do you have any suggestions?

Thanks and have a great day!

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Wholesaler · Saint Augustine, FL · Member since 2016 · 328 posts · 98 votes
10y
Mary Malihpour Welcome to be club and good luck in all you do! Stay engaged!
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  • Developer · Houston, TX · Member since 2015 · 1k+ posts · 1k+ votes
    10y

    Welcome to BP, @Mary M.. You are correct in that finding a good deal is not easy. I would suggest that you educate yourself and learn how to determine a good deal and also some creative techniques on how to make an otherwise normal deal a good deal. Read the blogs for ideas.

  • Wholesaler · Houston, TX · Member since 2013 · 17 posts · 8 votes
    10y
    Mary Malihpour I am a local wholesaler so send me your information and I will email you anytime I have a property that meets your criteria. The good thing about getting deals from a wholesaler is most of our deals are not listed on the mls and only people on our mailing lists get first dibs.
  • Professional · Carlsbad, CA · Member since 2012 · 12k+ posts · 1k+ votes
    10y

    @Mary M.

    Welcome to Bigger Pockets. Make sure to listen to the podcasts. They are very informative.

  • Wholesaler · Saint Augustine, FL · Member since 2016 · 328 posts · 98 votes
    10y
    Mary Malihpour Welcome to be club and good luck in all you do! Stay engaged!
  • Investor · Cincinnati, OH · Member since 2013 · 2k+ posts · 1k+ votes
    10y

    @Mary M.  who is really active in your market. 

  • Investor · Houston, TX · Member since 2016 · 7 posts · 2 votes
    10y

    Thank you all for the responses! I just found out that my offer for a multifamily home in east downtown got accepted.. I think I am finally getting my foot wet! Does any one has experience of buying a rental home which is already occupied with tenants? Do you have any suggestion that can save me from dealing with potential problems?

    Thanks,

    Mary

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