Newbie in Houston, TX

9 Replies

My name is Kyle Ray, and I am a 24 year old engineer in Houston, TX. I was introduced to REI ~6 months ago by a friend at work and have been consuming books and podcasts ever since. I am currently looking for a house to live in and house hack in Heights, Washington, Montrose, etc. and am working to get more practice at analyzing deals for cash flow and ROI.

I just read "How to Invest in Real Estate" by Josh and Brandon and told myself I couldn't consider the book done until I took the challenge from the book to take ACTION and get involved, so here I am!

@Kyle Ray - Congrats on the life choice.

My #1 piece of advice to brand new folks is this; Look at the people you are listening to, are they doing what you want to do or are they making money off of selling you on the idea of what you want to do.

Also, don't stress the "first deal". Getting it done is urgent, but getting it done right is important. Don't rush, don't make excuses, dont' fear failures, and don't waste time.

Good luck sir.

@Kyle Ray

Welcome to Bigger Pockets!

You'll find plenty of friendly, knowledgeable people willing to respond to your posts. A lot of forum members are experts in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, buy and hold investing, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.

There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/pro

If you haven’t been to it already, the Bigger Pockets blog features links to their fantastic podcast and many great articles: https://www.biggerpockets.com/renewsblog/

The site has quite a few tools that can be helpful for new members. For example, if you are looking to connect with other members near you, want to learn from people in a specific area you’d like to invest in, or have a desire to find people interested in certain topics, you could use the search feature here: https://www.biggerpockets.com/search/users

I really like the alerts feature that can quickly guide you to current topics that may be of interest: http://www.biggerpockets.com/alerts

There are a few self-contained guides that you can access here: https://www.biggerpockets.com/guides

@Kyle Ray Welcome to BP. You will find great source of information to apply to your specific situation. Just do it at your own pace and as mentioned above no need to hide behind excuses. Do your due diligence and simply pull the trigger! GL

By the way what type of engineering field do you work on?

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