Texas Real Estate Q&A Discussion Forum
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
House Hacking in Houston
Hey BP! I'm looking to move to Houston next year to begin my investing. My original goal was to house hack a multi family property in my home state but I'm abandoning that idea to 1) go live somewhere that I've never lived before and 2) take advantage of no income tax, lower property prices, etc.
I would like to stay at or under $300,000 for my property, and as far as multi's go in the Houston area, I'm not finding much. If I were to get a single family in Houston, what could I expect to take in per bedroom in rent if I were to house hack? I'm finding some nice SFH's about 30 mins out from the city center, which seem to be in great shape. I'd like to get an idea of whether I could make it work in a SFH with 4 or 5 bedrooms or if I should keep networking and looking for Multi's.
I'm always open to suggestions/ ideas and if you're from Houston, let's connect! The constants in my situation are that whichever route I take I'll be using an FHA loan and will be owner occupying.