Aspiring Investor in Houston, Texas

[Stephanie Money]

Howdy! 

My name is Stephanie Money (yes my last name is really Money) and I am a soon to be graduate of Texas A&M with a degree in Business. I will be working in Houston post graduation and I am looking forward to starting my career and using my income to leverage my future success in real estate. I would like to purchase rental homes in college station to rent out to students, but I know there are so many other options. I have been listening to BP podcasts for a year now and I have been so eager to graduate and start working towards my real estate goals. Currently I am intrigued by the BRRRR method. I would love any advice for an up and coming real estate investor!

 

[John Patterson]

Stephanie 

Howdy! I agree College Station is a great place to start and I’m certain it will continue to be strong rental market. I have done a few deals in college station and encourage you to be looking now. Look for properties that are currently not leased and that have out of town owners. Try to locate owners that only have one property in BCS; if it is not leased then they might sell.  I love the South Gate area but those properties have continued to escalate in value and almost pricing them out of reach for investors. Also look for condos near Harvey. Good luck and let me know if you have any other specific questions.