All Forum Posts by: Austin Nguyen

@Marci Mayes Yes it really is! You're wise and smart for doing that, housing around here has appreciated so much over these last 10 years its insane and it will continue with all this population growth. If you have the time I would love to connect with you and gain some knowledge about real estate!

Hello I am a beginner in real estate investing and am trying to soak in as much information as I can from Brandon Turners book " The Book on Rental Property Investing: How to Create Wealth and Passive". I plan on doing the BRRRR strategy or just buy and hold and was just wondering is Conroe/Montgomery a good place for real estate investing? I lived here most of my life and I know that the population is growing at a rapid pace and the houses around here are appreciating like crazy ( My house rose from about $250,000 - $330,000 since 2011 ) and new businesses and restaurants are being built every minute. The only problem is I feel like vacancy rate is high because

1. People usually come here to have a fun weekend at a Lake Conroe then leave

2. The closest university are Sam Houston State University and The University of Houston (So it wouldn't really attract students needing housing)

3. I am not too sure about any big companies being here since Exxon moved out a while ago, so there won't be a lot of white collard family's I believe.

4. It is a very low income area especially downtown Conroe, usually the rich area is down in Montgomery and in a couple parts of Conroe.

If anyone has any advice and knowledge they would like to give me that would be great! Feel free to add me or shoot me a message.

Hello I am a beginner in real estate investing and am trying to soak in as much information as I can from Brandon Turners book " The Book on Rental Property Investing: How to Create Wealth and Passive". I plan on doing the BRRRR strategy and was just wondering is Conroe, TX a good place for real estate investing? I lived here most of my life and I know that the population is growing at a rapid pace and the houses around here are appreciating like crazy ( My house rose from about $250,000 - $330,000 since 2011 ) and new businesses and restaurants are being built every minute. The only problem is I feel like vacancy rate is high because

1. People usually come here to have a fun weekend at a Lake Conroe then leave

2. The closest university are Sam Houston State University and The University of Houston (So it wouldn't really attract students needing housing)

3. I am not too sure about any big companies being here since Exxon moved out a while ago, so there won't be a lot of white collard family's I believe.

4. It is a very low income area especially downtown Conroe, usually the rich area is down in Montgomery and in a couple parts of Conroe.

If anyone has any advice and knowledge they would like to give me that would be great! Feel free to add me or shoot me a message.