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Updated over 5 years ago on . Most recent reply
Current Real Estate Market in Houston Area
I am looking for opinions whether it is a good time to enter the Houston market for flipping.
Which parts of Houston would you'll recommend.
Thanks for all your opinions.
Most Popular Reply
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@Sam G. i would 100% agree with @Cameron Tope says.... to win .. everyone must bring something to the table... you need to think about what is that you bring on the table to win ... Houston is a very sophisticated market with a lot of funds on the side line ready to be spent which gets activated within an hour.
Based on what i see/have seen/did/do ... If i am new player .. i would do the following:
1) Save up cash that i can spent within minutes
2) Become master analyzer of a given area so that I can analyze the deal within minutes and know the buy/sell characteristic of every single block on that neighborhood
3) Network heavily with wholesellers (only individuals... AVOID larger teams..i have nothing against them as they have great buyers on their list which will not benefit you) .. Wholesellers are still the best deal flowers in the market and someone always will send that THAT ONE you need. Faster you can pull the trigger .. more the chances to win cause everyone knows when its a good deal.
All of the above will increase the probability of success .. and it works :)