New investor from the Woodlands, Texas

[Reid Williams]

I am new to the community, and relatively new to REI. I have my home in the Woodlands Texas. I renovated my first home in Louisiana, and have had it leased for 3 years now.

I am interested to start flipping property in the Spring, Texas Area, but I am finding it quite difficult to locate property that meets the 70% rule due to the number of investors in the area. 

I could use some help figuring out how the foreclosure auctions work here. 

[Jeff Wallace]

@Reid Williams

 Welcome to bigger pockets ...  You have found a great resource… I am also in the Woodlands and can tell you that you can forget about the 70% rule in this area...  Like you said, way too much competition ...  But there still decent margins for flips … Feel free to contact me if you want