where in Spring to purchase investing homes?

[Phin Dinh]

Hello,

I am a newbie in real estate investing and would like to get your feed backs. I am interesting to purchase a move-in ready home no more than $165K for investing in Sprring area. What zip codes should I focus into? I would like to purchase then get it rent out immediately. Thank you in advance for your feed backs.

[Steve Rozenberg]

I have been doing investing for quite awhile. I have made as many mistakes as I have good deals.. I would suggest that you have a end goal of what you want  in the future with your investing portfolio. Then you create the strategy to match and reach that goal. Get trained and learn from people who have done this so you do not end up buying wrong investments like  myself and probably many other people have. Let the numbers dictate the deal not the zip code, as long as it is inline with your plan and fits your strategy then you move forward, if it does not then you dont.

Many people (I was one of them) start buying properties just to buy, without really thinking about the end result. 

Take some time and think about 20 years from now how does this play out and how does your portfolio look and then start working it backwards.