Houston area New Investor

[Richard Schatz]

Hi All! 

I am thinking of starting to invest in real estate in the Houston area. I am looking at both rentals and flipping home. I have a good amount of cash to purchase my first few home and renovate. 

I have not done any home renovation in the Houston area before and do not know any contractors here. Does anyone have suggestions on how to find a good contractor or would you have any referrals?

Also does anyone think that the oil downturn will severely hurt the housing market in Houston? 

Thanks for any help.