Advice to start my 90-Day Deal Analysis Challenge

[Hung Tran]

Greetings everyone! Beginner investor from NYC and I am definitely over this city. Cost of living is too high and market is too expensive for a newbie like me. I am currently reading up a lot on RE and listening to a lot of BP podcast episodes to soak in that knowledge.

I want to make my first purchase before the end of the year and my game plan is to do 5-10 deal analyses every day for the next 90 days to help me hone my understanding of what constitutes a good deal (cause most of the success is in finding a great deal right?).

The hardest thing I've found in trying to do this is picking a good market. I originally wanted to live and invest in Cali but little research showed how expensive that market is so I'm avoiding it.

I hear good things about Phoenix but I really like Texas. Esp Houston.

What are everyone's thoughts about Texas? And within Texas, Houston? Plano? El Paso? San Antonio? Austin? Dallas?

If not Texas, anything else people recommend?

Thanks in advance!

[Danny Webber]

There is no way you will complete 10 good property analyses per day. Especially in markets you are not familiar with.

Pick a market, pick a zip code or 2 and then pick regions/areas/neighborhoods to focus on if possible. You can get good at a few areas at a time. The down side is that you really need to have feet on the ground and visit the places.