New Member from Houston, Texas

[Albert Okagbue]

Hello Everyone,

I have zero experience in real estate and frankly was scared of it till recently.  However, as a practicing CPA I noticed that in the past five years the clients/friends I have who have the most money, or have made the most money have bought, sold, or rented at least one house.  That led me on a journey to learn from them and talk to them as much as I can about how it all works.  It's one thing to understand the economics and the tax aspects, but it's the execution that makes all the difference, I think.  Besides, what makes someone start doing this in the first place?

That's what brings me here.  I've been trying to learn whatever I can about real estate deals and how investors approach their work.  A friend of mine Lyall Storandt is on here, and highly recommended it.  I have plans to buy my first property soon, so anything you can say about the "how" and the "why" for rentals would be great!