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Updated 10 months ago,
Is House Hacking Worthwhile in Houston? Seeking Safe Neighborhoods & Budget Insights
I'm considering a house hacking strategy in the greater Houston area, ideally within a 30-minute drive of Rice University (including Fort Bend County). Here are my questions:
- Is house hacking still a smart financial move in this market? Or are property prices and competition making it difficult?
- Where are some safe neighborhoods well-suited for house hacking? I'm prioritizing safety, good rental potential, and proximity to Rice.
- What's a realistic budget to get started? What kind of down payment and renovation costs should I plan for?
- What property types are best?Duplexes, triplexes, or other multi-family options?
I'd love advice from experienced investors familiar with the Houston/Fort Bend area or anyone aware of recent trends. Any additional tips or things I should consider would be super helpful!
Thanks in advance!