Newbie from Houston Texas

[Gearold White]

Just wanted to introduce myself. I have read a little and was looking for a thread where newbies post. I wasnt able to find that so sorry if thus is in the wrong area. I walso updated my profile picture twice and maybe it needs some time to be uploaded, not sure. Anyhow, I am ready to buy my first investment property. This has been a goal of mine since "Harvey" 2017'. I have two classes left to complete the champions school of real estate. I own two businesses, HouTex roofing and construction. And also a power washing company. This site is amazing. I listen in my truck all over Houston and when I get home and have time I am on here trying to learn all I can before I make this first purchase. I was thinking of going with a "mentor" which would have been $6,000 dollars later. Now that I have "BP" theres no need to use a "mentor". 

[Turner Wright]

Welcome to the REI community! You are in an exciting position--learning and ready to purchase your first property! I suggest you network as much as you can, especially, with wholesalers who can find discounted properties for you. BP is a good start, but there are a lot of local Houston clubs you can join on meetup.com, like, North Houston REI, 713 Houston Area REI, Houston Wholesaler Network, and others.  Your two businesses will interest a lot of investors who may wish to contract your services on their own flips and rehabs.  Building these relationships will not only help you obtain more work for your businesses, but they can offer a wealth of experienced knowledge and information to kick-start your RE investing!

Also, as your are driving in and out of neighborhoods working on roofs and power washing, you should keep an eye out for distressed homes.  There is a great market in approaching owners with homes that look like they are not take care of who might be motivated to sell to you at a discount.  Download the Deal Machine app to log these properties and to learn who the owners are, skip-trace their contact information, and mail post cards to their home.  You can always knock on their door too!  Check out a video describing what the App is and what it can do for you, here.

Lastly, check out this presentation I saw yesterday hosted by Gabe Rodarte with North Houston REI, here.  His guest AG Gupta with Real Acquisitions goes over the Texas markets, job growth, where to invest, the Houston market, SA market, Austin, and DF market.  He covers a lot of information--very informative!