All Forum Posts by: JP Palella

 I've never worked with wholesalers before, but I am interested in knowing more. What is financing like? What are things that I should know when working with a wholesaler? 

@Charles Fletcher - Thanks, I'll take a look at that area. 

@Kevin Coggins - Thanks for the recommendation. I've noticed Spring, but didn't know much about that area. 

@Fred Heller - I'm referring to BW8. 

Price Point: 100-150k

I will be putting 20% down conventional financing. 

Prefer a rent ready home or minimal repairs needed. 

Cash flow is the main goal (% return). 

Equity appreciation is a bonus. 

Hello, 

I am looking to purchase another buy and hold in Houston. The first property I purchased (almost 3 years ago) is in Katy, and so far the value and rent have gone up. Today, the deals aren't as great in Katy as they were before, so I am looking to explore other areas in Houston. What are desirable cities that are considered safe and seem to rent out quickly? What areas are unsafe that I should avoid? 

I am not from Houston, but from my experience, I was told desirable cities are Katy, Sugar Land, Cypress, and Friendswood. I was told North Houston is a high end neighborhood, avoid East Houston, and Pearland / League city are decent areas of South Houston. 

So far I've noticed a few properties in North Houston, just past the outer loop and west of the 45. Can anyone provide advice with that area?