Looking to buy first rental property

[Detrick Bell]

Hello BP community ,

I am based in Houston, buy and hold will be my investing strategy. Just starting out, looking to buy first rental property, looking at in and out of state at Markets.

Looking to target cash flowing properties. Looking to connect with likeminded individuals who can give me advice, share their experiences and the Do's and Don'ts. Thanks in advance for your help!

[Detrick Bell]

Quote from @Taz Zettergren:

@Detrick Bell welcome to the forums and congrats on the first post! Are you looking for passive investments that are fully renovated or will you be adding value through renovations you are doing? Really depends on the route you are taking as to market I'd suggest. If you are getting your hands dirty I'd say stay local because your appreciation will be better long term but if you want the passive route there are several markets east of you and maybe north. Memphis, Little Rock, OKC or Tulsa would be great markets. Feel free to reach out if you have any questions, would be happy to share my experience and two cents. Best of luck on the journey! 

Thanks for the reply!! I’m looking for turn key properties that will provide cash flow. So it seems like more of the passive route you’ve mentioned, would love to connect with you and pick your brain!