All Forum Posts by: Benjamin Torres

There has been an institutional investment of ~$4.7 M and many smaller and mom/pop operators are wising up to parts of the game.

Couple the rush of the everyday person/investor looking to secure a place to rest their heads and we have witnessed a push upwards with some speculation saying land prices with rise my multiples in the coming years.

Many of these same folk are doing the same things aka waiting on the foreclosure moratorium to be lifted so hop on perspective flood of 'deals' to be auctioned off.

Materials like lumbar and concrete are seeing significant price movement upward, leading builders to pause and play in spurts.

With all this, my question is, will the SFR market actually cool down or are we in the midst of a major competition hike that will lead prices to only go up for the foreseeable future?

Not to be alarmist, just more interested to hear what others are thinking with real estate on fire.

Cheers,

Thank you @Christina Johnson, @Cody L., & @Timothy Church for you input.

Correct, in regards to non-disclosure, this is very helpful explanation though as I would not have explained it as clearly as you Timothy.

Based on our research, we have noticed that the rental pace in the city has gone down this month. Do you all believe that this is a greater trend of Houston citizens opting to purchase overall opposed to rent? Or, would you all attribute that more to a general influx of people to the Houston area along with the mortgage rate being advantageous for those with saved capital?

Good Afternoon All,

I am part of a group of investors seeking to build pipeline in Harris, Montgomery, Fort Bend, Brazorla, & Galveston counties beginning in December 2020.

So, we are looking to build relationships and begin to more fully understand the beast that is Texas real estate.

We understand Texas is a nondisclosure state. Also, we understand the insurance upticks due to wind, hail, & flood (especially towards the Galveston). Are there any other bits of information or research recommended before entering the market?

Take care,