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Updated almost 6 years ago, 12/15/2018
Duplex, Triplex, 4plex in or near Houston
Hello everyone,
I am very interested in purchasing a small multifamily property this year. The goal is to live in one unit and rent out the rest. While I've been regularly checking HAR, I have noticed many of these properties are located in low-income areas. I am not sure if that is the case with all small multifamily properties in the Houston area.
For example, I came across a multifamily property near the intersection of 290 and beltway 8 (not sure about BP rules, so I won't post the exact address and location here). Would this be considered a decent area to buy and live in?
Feel free to give me any advice on purchasing small multifamily properties in the Houston area, and the locations/neighborhoods that provide good investment opportunities! I appreciate the advice. :)