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Updated almost 9 years ago,
New member living in Houston Texas 77007
Hello all,
I just joined the BP community after listening to the podcast for about 3 weeks and reading up on some real estate investment material. I plan to practice analyzing good rental deals in my current area, after viewing this video that Brandon posted on YouTube "How I quickly Analyze a Rental Property for Cash Flow".
I plan to purchase my first home this year, and prefer to purchase a townhome in the inner loop (preferably Rice Military/ Heights vicinity), but I know it is a pricey area. My plan was to purchase live in it, then transition it to a rental. I thought it would be good to run the rental investment numbers as if it were a rental deal to ensure it is a good investment. I am sure I will be reaching out soon to get everyones opinion on whether my analysis' are legit. Excited to get started!
Thanks,
Devin