Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Texas Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

User Stats

15
Posts
10
Votes
Parker Smith
  • Austin, TX
10
Votes |
15
Posts

Trouble Finding First Cash Flowing Deal

Parker Smith
  • Austin, TX
Posted

Hey All,

This is my first post on bigger pockets and I'm super excited to join the community. I am about 6 months into my real estate journey and having been reading everything I can get my hands on. I live about 50 minutes north of Austin, TX and have decided to invest in buy and hold single family investment properties. 

I know I am fairly new, but have been analyzing about 3 properties per day via zillow (this is probably my first problem) for the last 3 months and havn't been able to find any cash flowing properties. I know its possible to find them but I feel like in Texas it is super tricky at the moment. I decided to get my license and according to the math I will break even on the board of realtors fees if I do one deal per year. I am hoping the education and access to MLS will aid me in finding better deals.

Would love to hear anyone's thoughts on dealing with super high property taxes, and getting your license as a newbie before even buying first property. Hoping I didn't make a mistake by doing it.

Loading replies...