As a beginners wait for good deal or just buy decent house ?

[Shal Patel]

I want to start investing in real estate investment in houston. I read few books and they all mentioned that get good deal to make money in real estate. I am starting first time and I am confused that should I wait for good deal forever or just start with some good remodeled house? What do you suggest to beginners?

[Alexander Felice]

You don't need the best deal of all time, but you do need a profitable deal.

Would I pass on a 12% CoC deal to wait for an 18%? no way.

start grinding out deal analysis daily, then when a good deal comes your way, you'll recognize it and you can pull the trigger. Beginners want to wait around for some unicorn deal but what you really want is to get something bought that is profitable so you can look towards buying the next one.