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Updated almost 6 years ago on . Most recent reply
New Houston Investor
Hello,
My name is Liz and I am a senior in college. I graduate in May and I will be relocating to Houston Texas to work as a Software Engineering Consultant. I have acquired this job for the purpose of solid income, but my ideal job is to become a full-time real estate investor. I am looking to start purchasing property within the next few months before I graduate. I currently do not have a solid income, but in the next few months, I will. Is this recommended? I have already found a few properties and I am ready to move forward, but I know that out of state investing can be challenging. Is this a realistic goal?
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Welcome to BP, Liz. I live in Houston, but I do not look to invest in Houston. Though I don't typically look to invest locally I'm happy to give you some areas to target (depending on what you are looking for). I'm sure there are lots of people on here that know way more than I do on the Houston market, but it is very expensive and still going pretty strong. Depending on who you ask it may be getting overheated, but with Energy prices somewhat stable, though we just dropped some, Oil and Gas jobs aren't going anywhere soon. The rental market is extremely strong inside the loop, but you are going to pay. Happy to give you any guidance I can, depending on what you are looking for.