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All Forum Posts by: Robert Hsu

Robert Hsu has started 1 posts and replied 2 times.

Post: SFH Thoughts on Finding a Property

Robert HsuPosted
  • Posts 2
  • Votes 2

Thanks for your feedback Carl!

I especially appreciate the ''develop my screening process now'' advice! When there's so much information in my head, I tend to revisit these ideas/advices and go ''Oh yeah! That!'' 

It helped :) Thanks again!

Post: SFH Thoughts on Finding a Property

Robert HsuPosted
  • Posts 2
  • Votes 2

Hello everyone!

I'm looking for my first investment property in the Houston area—since I live here, I'd like to keep it close. Right now, I'm torn between:

  1. New Caney – Strongest cash flow (though never guaranteed), but it may have less appreciation as the years go by
  2. Conroe – Likely less cash flow but better appreciation. I also like the idea of a buying new build and possibly using the builder’s loan for a lower interest rate. My thought process is that I'm not sure how easy it is to rent out as well.
  3. Katy – Higher appreciation potential but near the top of my budget and may not cash flow well. However, the strong school system is a draw, as families often gravitate toward better districts

I think I'm mostly worried about the home not being able to rent out and being stuck with the mortgage for X amount of months. Just looking at Zillow and the number other rental properties in the area can be intimidating. 

Any advice or insights would be greatly appreciated!

And yes I did use chatgpt to clean it up a little :P