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Updated almost 6 years ago on . Most recent reply

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Eric Peterson
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New Member - Houston, TX

Eric Peterson
Posted

Hi Bigger Pockets,

I am looking to buy my first property in the next few months here in Houston, hopefully some kind of multi-family, duplex, triplex, or 4-plex. I have been trying to read as much as I can over the last few months before I make the dive and be as prepared as I can.

My background is actually in commercial real estate accounting, so I have a little experience on the financial side, if not so much the sweat equity side of things. My plan is to use a $20K down payment to get something in an upcoming area of Houston (3rd or 5th Ward, or Sharpstown/Chinatown). I already rent a single family home in Sharpstown with 3 roommates, each paying a fairly affordable $380 a month in rent. Living in this area over the past few years I've noticed how it's steadily improved, with great restaurants, parks, and schools nearby, and I'd like to continue living here, but I'm also not opposed to moving if I found a great deal elsewhere.

Anyway, that's my deal, thanks for reading and I am happy to be a part of this community.

-Eric

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