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Updated almost 3 years ago on . Most recent reply
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Anyone have opinions on the Huntsville, TX area?
I live in Houston. I own a small townhouse in the Houston metro (midtown) and am looking at purchasing my first rental properties. Cap rates are very poor in Houston proper. Huntsville seems good - it's a college area (Sam Houston State University) and I've seen a number of properties that look like I can get at least 1% of purchase price / month. Any opinions on this area? Would it be too difficult for me to manage a property that's an hour and a half drive away? My wife an I like the Huntsville area and wouldn't mind driving up there once a month.
Thanks.
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I think Huntsville is a great area, I have looked at some properties there before. If you find a good deal and set up systems I think it sounds like a good idea.