Thinking of moving to Texas in 4 months, any help greatly apprec.

[David Noskiewicz]

I am looking to move my family to the Galveston TX area. We are recently getting into investing into rental properties, and our first move is to get into a multi family and "house hack". We currently live in CT and not aware of the market in the Houston/Galveston area , so looking for some feedback on anything before we decide this is our for sure destination. some questions like how would you rank the location? is the market steady? what is the average age group?  what is the closest major highway? is there plenty to do around town ? 

Can anyone connect us with an investor friendly agent? 

Opinions on the area?

Looking for Class B,C,C- properties in a A,B location. We have kids and definitely care about location over property , Looking to fix up a multi family. 

Thank you in advance. 

Best Regards, Dave

[Fred Heller]

@David Noskiewicz   Galveston is a lot of fun. And there's been a lot of development going on in the last few years. I was shocked the last time I went down there at all the new development. 

The biggest employer is the UT Medical Branch, with over 8,000 employees. It's also a medical school, so there is a large tenant pool of medical students.

The downside is the potential for hurricanes. Insurance will be higher, and you'll need additional windstorm coverage. And Galveston is a mostly service-oriented economy (hotels, cruise ships, restaurants, etc.). So average rents are lower than I would like to see, unless you're looking at high-end properties. I understand the short-term vacation rental business is pretty good, so that's something you may want to consider.

If you want to talk Houston, feel free to PM me so we can chat.