All Forum Posts by: Jessica Chidi

Financial Freedom with Real Estate Investing  by Michael Blank. He basically gives you a step by step ACTIONABLE PLAN! Great resource in and of itself but there's also a free companion course online.

Welcome to BP Larry! 

I'm new to the group as well...started with single family investments but in the process of transitioning to Multi family. I've lived in the loop for 10+ years, would love to connect! 

Thanks for the advice Cameron!  

Thanks @Shahriar Khan!! Those timelines are pretty specific...what's going on in the market that makes you so confident? 

Thanks for your input Cody. There's a million reasons I could use to talk myself out of investing at any given time and I've used up most of them. I agree that the Houston market will eventually rebound to some degree- O&G has always been cyclical and COVID isn't here to stay. I guess at that point it could be a matter of risk tolerance/staying power...a novice like me wouldn't necessarily be able to spot market cycles to determine the best time to jump in the market. Or even be able to ride a wave for 6 or 12 months if I invest at the wrong time. 

I know there's never a "right time" to invest, but some have got to be better than other's right? As a first time MF investor, buying during a global pandemic just seems a bit daunting haha! 

Hello Bigger Pockets! 

I'm a newish REI in Houston, Texas and I'm actively looking to partner up on my first multi family investment property. I'm a full time mechanical engineer in oil & gas, and with the recent downturn in the industry I've become even more committed to pursuing a career in real estate investing. I did my first deal at 23 (house hacked) but I've decided to bypass the SF phase and jump straight to Multi Family. I'm looking for a buy and hold B/C grade rental (16+ units) with good cash flow. Some value add opportunities would be great, but no total rehabs.

I’m familiar with the Texas market so I’d prefer to stay local, but with the complete decimation of one of our strongest industries (oil and gas), is Houston still as strong a market as it once was? Houston has a historically robust job market (o&g, medical, tech…) but the environment we’re in now is unprecedented. Should I pass on Houston and look out of city/state for my first MF deal?

I’m working from home supporting international assets so my days are free for researching, webinars, analyzing deals etc. I have the time and capital to invest, just looking for the right connections to push me over the edge! Additionally COVID has slightly complicated things- face to face networking is pretty much out of the question for now, but I’m hoping the Bigger Pockets forum can help me virtually connect with like minded investors, commercial brokers, and property managers!

Thanks, Jess