Newbie saying Hello and looking to invest in TX

[Kavita Joshi]

Hello Everyone!

I am new to Biggerpockets and REI. Have been reading and learning for the last couple of months. Looks like I am ready for my first investment. Although I now live in WA, I have selected some Texas cities like Tyler, Longview, Killeen, Temple, San Antonio as I am a previous resident of the area and know a little about that part of state.

Any suggestions on multifamily units here? Expert tips to avoid huge mistakes being out of state would be highly appreciated.

Thank you

[Joseph Cacciapaglia]

What size multifamily are you looking at? For duplexes and fourplexes, I like the Converse, Selma, Universal City, and just just inside San Antonio city limits in that general area. I also like near the med center for that size property. If you're looking for larger properties, there are a lot of different spots with decent product. One big mistake I see new multifamily investors make is waiting until after they purchase they property to start looking for a property manager. In my opinion, that should be your first team member, because they're very helpful in the property selection and due diligence process.