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Updated 10 months ago on . Most recent reply

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Randy Ivey
  • Conroe TX, USA
0
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Rookie looking honost opinions on rental property investing

Randy Ivey
  • Conroe TX, USA
Posted

Hello, I am Randy Ivey, I live east of Conroe, Tx. . I have become interested in signal family rental to supliment my income when retire in the next 10 yrs. Currently I am just researching to find out if this something I would like to pursue. I looking for any personal experinaces you are willing to share with me the good and the bad not wanting to look at this investment through rose colored glasses.

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101
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Chris Kersey
  • Real Estate Agent
  • Houston, TX
61
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Chris Kersey
  • Real Estate Agent
  • Houston, TX
Replied

Hey Randy, 

Welcome to BP and great idea considering Real estate to supplement your income. 

To achieve cash flow in this high interest rate environment, it will take finding/making a great deal or putting more money down. I would focus on properties with more than one unit to maximize cashflow. 

There are actually some decent looking duplexes available in central/east Conroe area currently. Most other duplex type homes are in the central Houston area. 

I'm a realtor, investor and developer in central Houston but work with investors all over Houston. I currently have 2 homes under contract in your area for an investor (Spring and Conroe). Feel free to message me if you would like to jump on a call. 

- Chris Kersey

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