Updated over 1 year ago on . Most recent reply
Rookie looking honost opinions on rental property investing
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.
Most Popular Reply
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