Multi Family Investing in Texas

[Adrian Salazar]

Good evening fellow BP members! 

Hope everyone is having tremendous success in their business and crushing their goals for 2018! 

Wanted to run this by you all to see what you all thought. 

Do you prefer investing in Tertiary markets, for less price per unit, in class B and C areas 

or 

Do you prefer paying more for properties in Primary markets?

Just a thought I had and wanted to see the main preference points by other investors.

[James Call]

Adrian, 

I am more willing to pay for A and B properites in markets that I think will have some appreciation. 

If I am going to invest in a market that typically has low appreciation rates, I am more likely to buy B&C. 

For example:

If I were to invest in Plano and Round Rock, I would expect more appreciation and would look for a higher class than if my market area were some parts of Fort Worth or El Paso, where I would be looking mainly for cashflow without much appreciation.  

Let's see what everyone else says!