Howdy from Cypress, TX

[Justin K.]

Greetings BP!

My name is Justin, I am a native Houstonian, small businessman and I want to start my REI. I am very familiar with the Katy, Memorial and Spring Branch areas of Houston, and now I am out in Cypress, Tx.

To start my education, I have been listening to BP podcasts, and I have read Rich Dad Poor Dad and the Richest Man in Babylon.  I also have been reading/studying/jumping around What Every Real Estate Investor Needs To Know About Cash Flow.

I hope to put a plan in place in the next few months, and then practice running deals until I am in financial position to act on a deal.  I love everything about homes, from DIY work to landscape curb appeal.

Right now, it seems like SFR Buy and Hold and BRRRR are most appealing to me. I hope to become an expert in the numbers so that I am ready to pull the trigger when the time is right.

I really appreciate this site, and especially the way Josh Dorkin stops the podcast to have the guest explain what they meant by a term that may come naturally to the established investor.

My weakness right now is understanding the correlation between down payments and ROI. Will your ROI go up if you put down a healthier down payment?