Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago,

User Stats

231
Posts
188
Votes
Thomas O'Donnell
  • Rental Property Investor
  • Columbus, OH
188
Votes |
231
Posts

Currently Struggling on Choosing a Market

Thomas O'Donnell
  • Rental Property Investor
  • Columbus, OH
Posted

What's up BP family,

I'm currently facing some tough decisions. My original plan to get started in real estate investing was to move out of California, and house-hack a MF property in San Antonio, TX. Unfortunately after doing a lot of deal analyzing, I found that whether I was living in the property or it was fully rented out, I'd still owe a chunk each month out of pocket. I know these properties won't really cash-flow as they are more appreciation markets, but it seems I can't even come close to breaking even. This has started to push me into looking at other markets in different states. I've really wanted to move to Texas for a few years now, but the numbers just aren't making sense where I want to go. I have found good deals in the north, but I am not a huge fan of living in/dealing with snow and winter storms. Any advice you guys have for me? I 100% want to get started before the end of this year, but the markets are tough right now and I'm not too sure where else I should be looking that might be similar to Texas. Thanks for any responses!

Loading replies...