Houston Real Estate Forum
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 1 year ago, 11/16/2023
Converting Large Single-Family to Multiple-Family in Houston
Hey BP, I am new to Houston and just jumped in and got my first flip done here to get a feel for the market. All went well and I would like to also start acquiring cash flowing rentals here as well. I own multi-families in another state which cash flow well but all started their life as SFH's. Finding local cash flow rentals will be a bit more challenging it seems so I am curious if this is a route worth pursuing.
I have found several SFH's that could very easily be converted in to multi's (duplex, triplex) and result in a very good cash flow. Is this feasible in Houston and or surrounding areas? I am just about to dive into a little research but I thought I might start here first in hopes that someone has some insight in this area. I cant say I have seen any non purpose built (conversions) around but again I am new here so maybe certain areas do allow. Thank you for your input. ~Jake