Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Texas Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

3
Posts
0
Votes
Austin Nguyen
0
Votes |
3
Posts

Is Montgomery County in TX a good investing area?

Austin Nguyen
Posted

Hello I am a beginner in real estate investing and am trying to soak in as much information as I can from Brandon Turners book " The Book on Rental Property Investing: How to Create Wealth and Passive". I plan on doing the BRRRR strategy or just buy and hold and was just wondering is Conroe/Montgomery a good place for real estate investing? I lived here most of my life and I know that the population is growing at a rapid pace and the houses around here are appreciating like crazy ( My house rose from about $250,000 - $330,000 since 2011 ) and new businesses and restaurants are being built every minute. The only problem is I feel like vacancy rate is high because

1. People usually come here to have a fun weekend at a Lake Conroe then leave

2. The closest university are Sam Houston State University and The University of Houston (So it wouldn't really attract students needing housing)

3. I am not too sure about any big companies being here since Exxon moved out a while ago, so there won't be a lot of white collard family's I believe.

4. It is a very low income area especially downtown Conroe, usually the rich area is down in Montgomery and in a couple parts of Conroe.

If anyone has any advice and knowledge they would like to give me that would be great! Feel free to add me or shoot me a message.

Most Popular Reply

User Stats

71
Posts
37
Votes
Marci Mayes
Agent
  • Real Estate Agent
  • Willis, TX
37
Votes |
71
Posts
Marci Mayes
Agent
  • Real Estate Agent
  • Willis, TX
Replied

Most of my purchases have been north of the 336 Loop near Conroe Regional Airport, and they are easy to rent.  I just purchased a rental in Montgomery near Lake Conroe.  I am not sure yet how well that will do, but I guess time will tell. 

Loading replies...