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Updated about 9 years ago, 11/12/2015
Seeking Partner(s) for Houston SFH Acquisition
Hello BP,
I am seeking mentorship and/or partners to acquire a buy & hold property in Houston, Texas within the $100k - $200k range within the next three months. I'm interested primarily in purchasing a conventional 3/2 rental located within a good school district such as Pearland or Friendswood. I am also open to hybrid rental/Air B&B potentials near the Houston Medical Center, with which some friends of mine have had great success.
What I can offer in a prospective partnership is capital for down payment, committed market research, and physical 'boots on the ground' investigation of potential properties here in Houston until Wednesday, November 25. After that date I will be working in Sydney Australia. (I'm looking to invest in Houston vs. Sydney because Sydney is an extremely difficult market and Houston is relatively accessible. I also know the Houston neighborhood landscape fairly well, having grown up and worked here.)
What I am looking for is a serious investment partner(s) - preferably with an existing portfolio - to help in loan pre-qualification, deal analysis and mentorship. I also need references to good realtors - preferably who are also serious investors themselves - in the Pearland/Friendswood and Texas Medical Center area.
Thanks in advance!
Tom