Houston fix and flip and buy and hold

[Jasmine Ward]

Hey everyone! I’m researching areas in the Houston, Dallas, and Austin areas. I was wondering what areas in Houston have the most appreciation potential? Any agents in the Houston area that would like to connect! 

[Lee Hampton]

@Jasmine Ward   $200k, positive cash flows and excellent appreciation potential. Sign me up for a few dozen of those. In all seriousness, that is what everyone is looking for and it is like finding a needle in a haystack in this market. Supply is limited, demand is high, money is cheap, consequently we have had a near historic rise in asset prices. Houston and Dallas both fall in this category, but Austin is other worldly and is quickly turning into a repeat of Silicon Valley. For $200k, you are going to have to anticipate the next hot spot, not chase the existing ones. You or your agent will need anticipatory skills. While 3rd ward, EADO are great Houston spots, they are no longer hidden gems and prices reflect that fact. Given you are from Ohio, there are some good markets in your home state that may not have experienced the same level of price appreciation as Houston. Are you finding it tough in the Ohio market.  Keep us posted on your Texas journey.