All Forum Posts by: Morgan Tondre

Hi Donald! I was raised in Montgomery and grew up in a couple houses on Lake Conroe in different neighborhoods. First of all - Those different neighborhoods would matter in my opinion on desirability for a STR as some are still further out from a lot of the new development and there might be hotels/resorts with great value to them by being closer.

Also - Although that could definitely be a great STR area, I would also look at College Station (parents visiting their college kids, going to A&M games, etc.), or closer to Downtown Houston as there are obviously a ton of attractions bringing travelers here for plenty of reasons.

Lake Conroe can also be a great LTR area, we have a lot there in the Portfolio. Best of luck!!! 

 It's been a tough market for high or maybe any cashflow with decent A/B properties in some parts of Houston, BUT the long-term equity growth is what makes these type of investments very positive in the long-run! We are hoping to see a better market in 2025 with lower rates and hopefully some deduction in property taxes, though. Fingers crossed!! 

I can second that @Wale Lawal is amazing and knows what he's talking about! 

@Jaclyn Cano - Can you email me this info so I can share with an Investor I know looking right now? 

Welcome to BP, @Alex Woolums! Would love to connect - sent you a request! 

Hi Cole! I'm born and raised in Houston and now work with a full service long-term rental management managing over 300 doors - all SF or MU (up to 4 unit). I personally know both @Jaclyn Cano and @Wale Lawal and can confidently say both are great and VERY Investor friendly! BRRRR method is also a great way to go - good luck!

 Email me Jimmy and I'll get you connected to a few Wholesalers I get Inventory shares from here in Houston!

Welcome to BP, @Sebastien Lamarche! Local Houstonian here - Happy to connect. And definitely follow @Nathan Gesner's lead on that advice! 

 Great advice again, @Bruce Lynn!

Well said, @Bruce Lynn!