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All Forum Posts by: Quinn Olivarez

Quinn Olivarez has started 5 posts and replied 111 times.

Post: Do I continue with this deal...

Quinn Olivarez
Posted
  • Real Estate Agent
  • Houston, TX
  • Posts 114
  • Votes 130

Your cash flow is so low and therefore a pretty risky proposition like others have said. The best zips for the heights are 008 and 009. If you want to continue investing in the heights, I’d look harder at those areas. That being said, heights is still a great area to hold property in. It’s universally recognized in the region as one of the best neighborhoods to live or visit. HAR data shows it’s one of the fastest growing areas in the central part of the city. 

My .02 - if we’re talking about a townhouse, you could consider turning your rental into corporate housing. It’s more work to set up and maintain this kind of business, but, it will also come with more consistent cash flow and more reliable tenants