All Forum Posts by: Angus Macleod

Thanks Guys

Yes, to cashflow will be difficult for a few years. 

Is the crime that bad in Houston, I didn't realize. The problem that I'm zoning n on is in Hezekiah Lane, it's fully fenced in. Looking like $520K with a rental of around $2200.

I appreciate everyone's advice and input.

Angus

Hi guys, I'm looking at buying my first multifamily in the US, I've found some nice new construction properties in the Independence Heights area of Houston Texas (around $500K). This fits my plan for a couple of reasons, I plan to rent one unit long team and as I travel a fair bit for work I'll Airbnb the second unit when I'm overseas. The property probably won't cashflow for a few year (or until I rent the second unit longe term) but this isn't a huge worry for me as it helps me in other ways. I can save a fair bit on state tax and rent as I'm currently living in California. Whats the general feeling on these new construction duplexes in Independence Heights? They look solid and well built, it's the high crime rates and the developing area thats my worry. Any advance would be great. Thanks, Angus