Does anyone know if Houston is good for fix and flip?

Question

Michael Roesch · Answer

Lol, no I’m a Mets fan and yes I jumped on the bandwagon. I see more Astro games so I have no choice. Oh yea.......go Jets!

I like a bunch of losing teams,lol.

Brian Foster · Answer

@Michael Roesch First question? Are you a Yankee fan? Red Sox out in front by a mile and it's Mid-August. Have you jumped on the Astro's bandwagon yet? They are the real deal. If you like beisbol, you gotta love this team.

I'm a transplanted New Englander [28 years], You may have landed in THE BEST Real Estate Market in the world!

Thank you for your service ;-)

James Call · Answer

@Michael Roesch,

If you have some skills in the trades that is a big benefit.

The biggest part is to find the right deals.  If you have a good real estate agent and a great lender you will be setup.

Good luck!

John Burtle · Answer

I feel that its pretty accurate. Others should be able to chime in as well on the calculators.

Brian Foster · Answer

@Michael Roesch I like to say, you can take the boy out of Rhode Island, but you can't take the Rhode Island out of the boy....

Welcome to Houston Mike, let me know if you need any help, this is an amazing place, something for everyone

Michael Roesch · Answer

Thanks Jodi G. I sent you a Pm.

Jodi Gauthier · Answer

@Michael Roesch I'm in Katy and there are deals to be had. We've flipped 6 this year in Katy. Competition finding deals is getting a little tougher I've noticed but they are still out there. My husband handles the majority of the contracting side of our business and I know he is always on the hunt for skilled tradesman. I could get you two connected and see if we'd be a good fit in working together.

Jai Coward · Answer

@Derrick Burtle Have you used a calculator for a deal on here? Would love to know how accurate they are.

Michael Roesch · Answer

That be awesome if you could spare some time to get coffee. I’ll look into the 713 Facebook and the real deal meetings. I have someone looking to join me with investing. We meet with a friends RE agent and I think they got a little discouraged with the info they received. Maybe it was a reality check that this isn’t easy, but I’m still motivated to find deals and make it work.

John Burtle · Answer

Don't forget about the calculators here on biggerpockets.com

Plug the numbers in and it'll analyze the deal quickly, as well as break it down for you. You can print the data sheet and take it to a lender. It looks very professional and can help!

It could save you some time with trying to find good deals.

Just a tip!

Does anyone know if Houston is good for fix and flip?

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