Trying to build wealth in Houston, Texas

[Benjamin Hanson]

Hi everyone,

I've been listening to the podcasts for a while and occasionally lurking around the site, but have yet to introduce myself or get serious about investing until now.  I came to Houston about 10 years ago after being born, raised, and schooled in Iowa.  The oil and gas industry has kept me busy but my interest in real estate has been steadily growing. I currently work downtown and live in Montrose but decided against paying $400k for a house for myself so I keep renting to free up capital.

After looking at the different options, and the current market, I've decided to focus on owning and eventually renovating multiplexes and small apartment buildings.  I intend on self managing and continuing to work full time, so we'll see how that goes. I have actually found what appears to be a decent deal for an 8-plex near Polk and S. Wayside.  I'm running through the analysis now and I'll post more on that when I figure out where is more appropriate.

Great to meet you all,

Ben