Flipper/Rehabber · The Woodlands, TX · Member since 2020 · 6 posts · 5 votes
Hello BiggerPockets!
I am new to real estate investing and live in The Woodlands, North of Houston.
I have had an interest in investing in real estate since I was in college, but never seemed to be able to take that first step. Now, after spending 12 years working a W-2 job, I have gathered my courage and I am finally ready make a change and start working toward financial independence.
A few months ago, my family and I decided to give real estate investing a chance. We are getting our ducks in a row to start our first fix & flip project. We are actively building our team for projects around North Houston and surround areas.
This is so exciting for my wife Elyse and I. We are looking forward to the new adventure and can’t wait to get started. We hope to find like-minded people to network with here at BiggerPockets!
Insurance Agent · TX · Member since 2018 · 362 posts · 175 votes
5y
@Norb Schneider I would guess the main reason is timing of posting the rental. 3/2 rentals in The Woodlands, Cypress, Katy, Sugarland etc are dominated by families looking for areas with good schools. Typically, you get more for rent and rent out your home quickest if you post May/June/July/August. Making sure the lease ends in the Summer is the smartest option for landlords.
How do those specific homes show in pictures? Even though The Woodlands is now as being a very high end suburb, they have several pockets of rental dominated neighborhoods (older homes, sqft 1300-1600, rents around 1500).
Rental Property Investor · Los Angeles, CA · Member since 2020 · 20 posts · 3 votes
5y
@Matthew Rolf Hi Matthew, I've been looking at zillow for SFH for sale and rent in the Woodlands and surrounding areas. I noticed there are a number of SFH 3/2 1400sq, under $1500 for rent. The rentals are sitting for over 30 days, any insight into this?
Rental Property Investor · Scottsdale, AZ · Member since 2014 · 24 posts · 4 votes
5y
Welcome Ryan. We have a few Buy-and-Hold rentals in The Woodlands as we lived there for a few years. Good luck with your journey. If you need any recommendations for a realtor or property manager in the area feel free to reach out to me.
Insurance Agent · TX · Member since 2018 · 362 posts · 175 votes
5y
@Norb Schneider I would guess the main reason is timing of posting the rental. 3/2 rentals in The Woodlands, Cypress, Katy, Sugarland etc are dominated by families looking for areas with good schools. Typically, you get more for rent and rent out your home quickest if you post May/June/July/August. Making sure the lease ends in the Summer is the smartest option for landlords.
How do those specific homes show in pictures? Even though The Woodlands is now as being a very high end suburb, they have several pockets of rental dominated neighborhoods (older homes, sqft 1300-1600, rents around 1500).
Real Estate Agent · Austin, TX · Member since 2020 · 338 posts · 296 votes
5y
Pleasure to meet you @Ryan Starr! I think it's great that you and your family are starting this journey in RE! I wish you and your wife Elyse all the best, and I can't wait to hear about how successful that fix and flip turns out!