All Forum Posts by: Karmen Wong

What asset are you looking for in Houston? If its SFH, let me know. Im from San Diego and have visited the area im invested in. Also know some PMs and realtors.

Hello! Yes, we are mainly looking for SFR since we want to stay away from the messiness of HOAs.

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Quote from @Luciano A.:

Quote from @Karmen Wong:

Hello! I am a new member on BP, but I have been listening to the podcast for awhile now. Looking to find a mentor. I live in Walnut Creek, CA, but is looking to invest in something in Houston, TX. I know that I need to find a good agent, screen for a trustworthy PM, find a lender, etc., but I don't know which to start with. Please help :)

Hello Karmen,

I was once upon a time a Californian lol. I live in Houston and have been investing here since 2006. I would say you should come out and spend a weekend so that you can see the different areas and meet with different realtors. Whatever you do stay away from flood zones as the insurance for that property can eat up a lot of your cashflow. Also stay away from condos, and watch out about HOA dues. One thing many out of state investors dont realize how the property tax can raise based on what you paid for it thus when crunching numbers update what the new property tax will become based on the purchase price. Right now not many great deals unless you are do short term rental but be patient and dont feel like you will not find a deal. Use HAR.com to help look at local listings.

Best of luck

Luciano

Thank you for the words of wisdom. I have been looking at listings and what places are renting for...It's a bit disappointing, but I've LOVING the houses I see out there. I think spending a weekend there would be awesome. I'm looking at 2 specific areas right now, The Woodlands and outskirts of Sugar Land. How do you like living in Houston?

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Quote from @Gabriela Lekic:

Hi Karmen,

I am also New on BP. I am a realtor base in Houston and i can help you to find the property, lenders and any other aspect that you need. If you would like to chat more about it do not hesitate to contact me.

Gabriela Lekic Realtor

Welcome fellow Newbie :D

Let's connect :)

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Hello BP community!

I recently joined and have binged on a bunch of podcast + articles, etc etc. I am nervous but excited to actually get started!

Looking for an agent in the Houston, TX area that is familiar with the current market and is willing to send me new listing alerts. :)

Thank you! <3

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Houston, Texas

All Forum Posts by: Karmen Wong

Karmen Wong has started 2 posts and replied 5 times.

Post: Looking for a mentor

Post: Looking for a mentor

Post: Looking for a mentor

Post: Looking for a mentor

Post: Looking for my first out-of-state rental property