Houston Market for New Investors

[Rani Ismail]

Hi everyone!

Thanks to BiggerPockets I started getting involved in Real Estate less than a year ago. I have a couple of flips under my belt but all my deals have been through the big wholesalers in our metro (Networth Reality, Myers, New Western). A lot of their lower-priced properties are good for rental plays and a lot of the higher-priced properties out of my reach (finance and experience wise), that's not to mention the prefered treatment their accredited investors get. 

So my current problem is the waiting time I have before I can find a good deal. I have been wanting to take ACTION for a couple of weeks but have been frustrated with my lack of options. I have checked online websites like myhousedeals.com and such but a lot of the numbers are inaccurate or inflated.

I know it takes time to be accredited, and so I am looking to expand the list of options as to give myself a better chance of finding a deal in my current finance range. Any advice on how I might do that would be appreciated.

Thank ya'll!

[Dave Chapa]

I'm the type of person that want's to hurry and find a deal, (the A type personality in me) and I am also the type of person that will wait until I find the right deal (that comes from years of experience). 

Don't get in a hurry and don't NOT get in a hurry :-) ! Oxymoron, right? What I'm trying to say is find a healthy balance. 

You are just starting out, keep looking and keep checking on deals. In the meantime, keep building your contacts, net worth and liquidity. The worst thing that could happen is, not being ready to pull the trigger when you find the right deal. 

The one thing you have on your side IS time!