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Updated about 5 years ago on . Most recent reply

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Amin Jalalzadeh
0
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New Invester: Need advice on what area of country I should invest

Amin Jalalzadeh
Posted

Hi, so I am super duper new to this and would like to purchase my first property ever at the end of this year. I currently live in Houston, but not biggest the fan of the area and find the risk of investment high in this area due to flood. I would like to move to the Austin area and I was wondering in your opinion which area is the best area to purchase houses whether single-family or duplex? I sincerely appreciate your help! P.S: my budget for intial investment is about $60k. 

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65
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36
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Daniel J Dominguez
  • Investor
  • Houston, TX
36
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65
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Daniel J Dominguez
  • Investor
  • Houston, TX
Replied

@Amin Jalalzadeh Austin is a great market. i here prices are really high there. like @Neil Narayan said there are pros and cons to either strategy, but generally ive found that in Houston, SFR's are great for appreciation and MF's are great for cashflow. Both have headaches but its more about what your end goal and life situation is

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