Houston Neighborhood Investment Property

[Juan Ayala]

Looking for a RE experts opinion in Houston, TX. What do you think about the are in Greater Fifth Ward? Looking at a great property that offers great cash flow. Just that i am going in blind since i don't have any contacts or idea of the neighborhood. Done my research and have enough to make a decision. But i would appreciate my BP Houston family take on this cash cow property neighborhood. Let me know your thoughts on the area...Thank you!

[Rachel Pervis]

Hi @Juan Ayala I'm not sure where in Fifth ward you are referring to, but there is still some shady areas in Fifth ward; however there is also revitalization going on. The City just contributed $5.4 mil to reopen the historic Deluxe Theatre, which will host plays, and art classes. There is a TIRZ #18 map for Fifth ward that you should be able to Google. It outlines the redevelopment zone. If I was looking to purchase in the area I would definitely try to buy within the zone or close to it.