New RE investor in Houston TX and surrounding areas

[Idan Shalev]

Hi Ya'll Hope you have a wonderful day, My name is Idan(27) I'm a new RE investor living in Houston for the last 5 years just got married and ready to start my "financial freedom" journey with my wife (which she's also a local realtor)

I would like to start working in my area(Houston up to 60m range)

In the past few years I learned about the process and I feel ready to start, My strategy will be to make a good amount of flip deals until I can by rental and keep going with flipping to get more rentals (probably same as some of you guys).

I heard a lot from other people that Houston is very competitive and full of investors, Also average market price for houses is pretty high compare to some other states, I would like to hear from you guys what do you think about Houston market for new investors.

Also what will be "good numbers" if we are looking on flip deal what should I expect in average to be my ROI in this market and also if anyone can provide the expected ROI for rental deals. Obviously it can change but I'd like to know what will be the minimum number I'll say I can go with for both flip/rental.

I'd like to pick a good area to start with if there are any recommendations

And in general what you guys think about the market at time time when mortgage rate keep going up and the market getting colder? how risky could it be when I do my business plan, What should I expect or take in count?

Thank you guys, Hope to hear from you with some great advises.