All Forum Posts by: Courtney Jenkins

Hey Courtney,

 Houston's weather is much nicer in December than New Jersey's. LOL. I've heard that New Jersey has high property and income taxes. One thing to consider when you are looking in Houston is the property taxes. The city has been more aggressive than in previous years when it comes to appraising properties. Years ago, the property appraisal was low and your purchase price didn't affect new taxes very much; now it jumps immediately to what you purchased the property for, which can whack out your cash flow. The city passed a new ordinance that will make building triplexes more affordable; soon you'll see more triplexes and fourplexes as new construction rather than having to buy an old 1930s construction project. This will be especially good for out-of-state buyers, you want to keep maintenance costs low so they can get a nice return on your investment.

Best of Luck 

Houston is a lucrative opportunity for investors. With a strong and stable economy, growing population, diverse industries, and world-class amenities, Houston's real estate profile offers a range of options with various price points to suit different investment strategies. The city and surrounding areas' robust job market, relatively low cost of living, and pro-business climate make it an attractive destination for in-state an out of state investors. There is a high demand for housing as well as sustained appreciation in property values over time in many areas of the city. The key is finding the right property. 

Happy to connect with you Courtney so I can learn more about you, your investment plans and the strategies you are looking to pursue in the Houston area. 

Hey Courtney! Glad to see you choosing Houston!

I work with clients and investors form out of state often. I actually got two properties under contract this weekend, one of which is a military family PCSing to the area. I treat my out of state clients like I do my in state, with over the top communication. Transparency and open lines of communication are paramount to making sure someone who is not physically here feels like they are, here. I do live showings on zoom/facetime etc rather than video recordings that way my client is able to provide instant feedback, making sure that we hit all of the areas of the property that are important to them.

Big picture, if you are looking into the Houston area for Multifamily, I would look at the neighborhood websites with school, crime data etc to make sure those areas are where you want to own. There are some areas in town, Galveston island being one, that allow of ADUs on the property, allowing a detached garage to become a second unit. Doing something like this allows for forced appreciation, helping your numbers significantly.

Feel free to reach out anytime if you have any questions about the market over this way, love helping other Realtors invest!

For Ohio you should join the GCREIA and COREE REIA groups. Plenty of connections to be made. I can send you some if you like

@Courtney Jenkins Take a look into Evernest. They're a national full-service property management company with 20+ markets around the country. They have offices in Atlanta, Detroit and surrounding areas, Kansas City and Columbus, OH. They'll most likely open an office in Texas this year! When you're ready to invest, give them a call and speak to one of their local brokers in the area.