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Updated almost 2 years ago on . Most recent reply

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Noelle Stecher
3
Votes |
8
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Looking to Invest in a rental in Waco

Noelle Stecher
Posted

Hi.  I am looking to buy a rental property in Waco, but I am not too familiar with the area.  I have done the neighborhood research online and have a general sense of the neighborhoods, but I am looking for any advice from people who know the area or who have investment properties there.  What areas are good?  What areas to stay away from? Any advice is welcome! Thanks!

Most Popular Reply

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1,293
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Ryan Kelly
#4 Creative Real Estate Financing Contributor
  • Real Estate Broker
  • Austin, TX
1,218
Votes |
1,293
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Ryan Kelly
#4 Creative Real Estate Financing Contributor
  • Real Estate Broker
  • Austin, TX
Replied

@Noelle Stecher if you live in Houston and are considering Waco, I highly recommend taking a weekend trip up to the town before making a decision. I grew up in Waco and there is a lot of potential there, but also many C/D class neighborhoods that will look like good cash flow on paper but I wouldn’t touch. Get to know the area and drive around with an investor-friendly agent or fellow investor.

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