Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago,

Account Closed
  • League City, TX
0
Votes |
3
Posts

New investor Houston area

Account Closed
  • League City, TX
Posted

I'm new to the Houston area, been In league city for 1 year bought a single family home that needed work and living in the properry while doing own remodel. It's 75% completed. 

I have some general questions for the community:

1. Do you prefer condos versus single family homes? Which is easier to rent?

2. Does anyone buy properties built pre 1978? Approx before this date lead paint, non modern electrics etc... wiring post 1980 is considered modern. If buy older properties, who is the target tennant?

3. Do prefer to buy newer properties, built say post 2000 where windows are double glazed, modern insulation etc... 

4. How low return on investment would you typically go and why?

5. Do you manage own properties or do you give up some profits to allow property management companies to handle renting out?

6. What does having a full portfolio of older properties look like? How is maintenance,  who is your main tennents? Section 8, low income etc?

I'm wondering if it's worth buying fewer properties but buying newer properties build post 2000. I'm leaning towards condos being easier to maintain vs single family homes. If buying older properties im thinking one may be able to buy way more than properties build post 2000 but wondering how desirable older properties are and if not so desirable perhaps lower income people are attracted to these?

Looking for some insight to the above! 

Thanks!

Andrew

Loading replies...