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All Forum Posts by: Candice Youngblood

Candice Youngblood has started 1 posts and replied 11 times.

Post: New & Motivated, but Still Lacking Confidence

Candice YoungbloodPosted
  • New to Real Estate
  • Houston, TX
  • Posts 11
  • Votes 6
Quote from @Konstantin Ginzburg:
Quote from @Candice Youngblood:
Quote from @Konstantin Ginzburg:

@Candice Youngblood

Welcome to Bigger Pockets. This is an excellent source to gain knowledge and ask any questions you may have about real estate. If real estate investing is a goal of yours, then you can absolutely accomplish it. Although the market is saturated right now, it is still possible to find deals if you are willing to be patient and sort through many deals to find the one that suites your needs. I am primarily in the Louisiana market but travel through Houston for work from time to time so I have a little bit of familiarity with that region. What do you think is currently holding you back from pulling the trigger on your first deal? I would be happy to answer any questions you may have about real estate strategies so feel free to ask anything at all. This forum is very responsive so you will likely get an answer quickly. 


 Hi Konstantin, and thank you for your input!

Funding would be the main thing holding me back, I suppose. 

I wonder if it’s worth it to get my real estate license and do that until I have the funding I need to invest? 

I guess I also feel unprepared as far as managing property. 

If I were to purchase right now, it would be a house hack. 






There are definitely ways you can work towards getting more comfortable with those categories. For funding, you could try to reach out to lenders and get a feel for what type of funding you qualify for and what kind of down payment would be needed for that funding. Since you mentioned your goal was to house hack, then this would qualify you for primary residence funding which is typically easier to get, has lower rates, and requires lower down payments. The primary numbers any lender would look at to determine how much funding you qualify for is your DTI ratio and your credit score so those would be the two primary factors I would work on improving to help your chances of getting favorable funding.

Getting a real estate license will purely depend on what your goals are. If you want to move towards real estate as a full time profession by being a real estate agent in addition to an investor, then the license is the way to go but if your goal is just to own rental properties, a license isn't required for that. 

As far as managing a property, there are several books you can read to get a base level idea on how to manage a property. "Managing Rental Properties" by Heather and Brandon Turner was one book I thought was helpful but there are many books, podcasts, and forms that you can use to help build foundational knowledge on that subject. However, you will learn far more once you begin to actually manage the properties on your own. There is no substitute for experience. 

I hope these thoughts help you. If you are still nervous about taking the dive, don't feel bad about that. Almost everyone is nervous when they jump in and go for that first deal. Its completely natural. Its a large risk but once you get a bit of experience in the process, the nervousness begins to subside more and more. 


 Great info Konstantin! 

Thank you for taking the time to share your insights! Much appreciated.

Post: New & Motivated, but Still Lacking Confidence

Candice YoungbloodPosted
  • New to Real Estate
  • Houston, TX
  • Posts 11
  • Votes 6
Quote from @Dmitriy Fomichenko:

Welcome to BP Candice. It's a perfect place to start your real estate investing journey.

Read Beginner’s Guide to help you get started: http://www.biggerpockets.com/real-estate-investing

Wishing you the best!

Thank you, Dmitriy! 

Post: New & Motivated, but Still Lacking Confidence

Candice YoungbloodPosted
  • New to Real Estate
  • Houston, TX
  • Posts 11
  • Votes 6
Quote from @Account Closed:
Quote from @Candice Youngblood:

Hello everyone! 

My name is Candice. I am a single mother of three in Houston. I have always had an intense interest in real estate & would absolutely love to be a full-time real estate investor, but have grown discouraged with the saturated market. I’m hoping to learn the strategies for success through Bigger Pockets. 

Maybe start with alternative strategies

I favor finding properties "Off Market" doing “Subject To” and selling on “Lease Option” for great cash flow and nice profits. Such as:

Buy using Subject To and sell on Lease Option which I explain at https://www.biggerpockets.com/forums/311/topics/1141313-subj...

There are so many opportunites in Houston that it isn't really oversaturated, you just have to look where others aren't.

I read your post. Thank you for sharing! I have a lot of educating to do before using that strategy, but now I know it’s an option! 


Thanks again! 

Post: New & Motivated, but Still Lacking Confidence

Candice YoungbloodPosted
  • New to Real Estate
  • Houston, TX
  • Posts 11
  • Votes 6
Quote from @Konstantin Ginzburg:

@Candice Youngblood

Welcome to Bigger Pockets. This is an excellent source to gain knowledge and ask any questions you may have about real estate. If real estate investing is a goal of yours, then you can absolutely accomplish it. Although the market is saturated right now, it is still possible to find deals if you are willing to be patient and sort through many deals to find the one that suites your needs. I am primarily in the Louisiana market but travel through Houston for work from time to time so I have a little bit of familiarity with that region. What do you think is currently holding you back from pulling the trigger on your first deal? I would be happy to answer any questions you may have about real estate strategies so feel free to ask anything at all. This forum is very responsive so you will likely get an answer quickly. 


 Hi Konstantin, and thank you for your input!

Funding would be the main thing holding me back, I suppose. 

I wonder if it’s worth it to get my real estate license and do that until I have the funding I need to invest? 

I guess I also feel unprepared as far as managing property. 

If I were to purchase right now, it would be a house hack. 





Post: New & Motivated, but Still Lacking Confidence

Candice YoungbloodPosted
  • New to Real Estate
  • Houston, TX
  • Posts 11
  • Votes 6
Quote from @Travis Timmons:

@Candice Youngblood at almost every point in modern history, buyers have looked at the price of real estate and thought, "there's no way it's worth that...what idiot would pay that price? There is no opportunity in this market." Fast forward 10-20-30 years later and all of those folks saying that wish that they bought more real estate. This is a tough market, but it is not impossible. You need some financial stability and a good W2/day job or self employed income though. You can't buy real estate right now (maybe ever) without some financial margin and room in your budget.

The stalling out is not an insult or knock on anyone. It's frickin' hard and stressful. If you find a way to hold on to a property for 10+ years though, it's magic. The same goes for compound interest in stock market investing. Time is the multiplier. You have to find a way to buy assets and hang on for the long term. 


To mention compound interest... that is something I didn't know about until recently. I'm learning more about it and thinking it could be the ticket to expediting the saving process. Have any thoughts on that?

I'm getting started late in life, but it's, "try and see what happens", or "do nothing and things stay the same". 

Post: New & Motivated, but Still Lacking Confidence

Candice YoungbloodPosted
  • New to Real Estate
  • Houston, TX
  • Posts 11
  • Votes 6
Quote from @Travis Timmons:

There are usually 3 steps in this process. 

1. Realization

2. The grind

3. You did it. It took more time and effort than you thought it was going to. 

Most folks stall out at or before step 2 because it's really hard, takes a lot of patience and discipline over an extended period of time. I don't know a thing about your financial situation but you need to make sure that you have your finances in order so you can start from a position of strength. Slow and steady still wins the race.

Thank you for your input, Travis!

It’s appreciated.

To be completely transparent, I can totally see myself stalling out as well. The exhaustion and lack of flexibility of working for someone else is what drove me here. But I’m already burned out.  

After COVID, I experienced tremendous loss.  I am starting all over again financially. My credit score is great, but savings were drained. I managed to keep my 401k and was thinking about starting with that once I know enough to make a solid decision. 

I haven’t settled on real estate, but it’s something I have always been interested in. Unfortunately thoughts of little opportunity & markets saturated with investors has me a bit discouraged, but I’m willing to learn, think & work outside the box to make things happen. 

Post: New & Motivated, but Still Lacking Confidence

Candice YoungbloodPosted
  • New to Real Estate
  • Houston, TX
  • Posts 11
  • Votes 6
Quote from @Julio Gonzalez:

Welcome to BiggerPockets, Candice! It's great to have you here. Your determination to pursue a career in real estate despite the challenges is truly inspiring.

Thank you. I have a lot of anxiety about it. Hoping to learn enough. To overcome that. 

Post: New & Motivated, but Still Lacking Confidence

Candice YoungbloodPosted
  • New to Real Estate
  • Houston, TX
  • Posts 11
  • Votes 6
Quote from @Patricia Steiner:

You'll need strong resource partners to guide/advise you through the process.  And, those include: an investment focused realtor (versus a general/residential one), a lender who does/love investor financing, an insurance guru, and a handyman.  Each should be an expert in their own field and let's face it - they're not a resource worth having if you know more than they do.  

And, look for an opportunity - not a property. The market is saturated but some of my best acquisitions came during the worst market conditions.  

Welcome to the forums. We're glad you're here.

Thank you, Patricia! Appreciate the input. 

Post: New & Motivated, but Still Lacking Confidence

Candice YoungbloodPosted
  • New to Real Estate
  • Houston, TX
  • Posts 11
  • Votes 6
Quote from @Account Closed:
Quote from @Candice Youngblood:

Hello everyone! 

My name is Candice. I am a single mother of three in Houston. I have always had an intense interest in real estate & would absolutely love to be a full-time real estate investor, but have grown discouraged with the saturated market. I’m hoping to learn the strategies for success through Bigger Pockets. 

Maybe start with alternative strategies

I favor finding properties "Off Market" doing “Subject To” and selling on “Lease Option” for great cash flow and nice profits. Such as:

Buy using Subject To and sell on Lease Option which I explain at https://www.biggerpockets.com/forums/311/topics/1141313-subj...

There are so many opportunites in Houston that it isn't really oversaturated, you just have to look where others aren't.

Thank you for your input, Mike! 

Post: New & Motivated, but Still Lacking Confidence

Candice YoungbloodPosted
  • New to Real Estate
  • Houston, TX
  • Posts 11
  • Votes 6
Quote from @Steve Vaughan:

Welcome @Candice Youngblood ! Glad to have you! 


 Thank you, Steve! Glad to be here.