All Forum Posts by: Varouj Asdourian

Thanks!

Hello Everyone

I currently reside in Los Angeles but I am buying my second investment property in the Houston, TX area.  It is a 4plex.  

I wanted to get your opinion on the various property management software / online portals.  I want to try to manage it myself if I can. There a few that offer pretty much everything from rent collection, to having pre-screened contractors and handymen available for fixes, etc, which can all be dispatched online.

Does anyone have any experience with any of these sights or offer any insights or suggestions?

Truly appreciate any input.

Thank you.

Hi. So I am looking into investing in a multi-family property in Texas and I am looking at both the Dallas metro area and Houston markets.  In my research it appears that the Dallas area may be for popular and prices are a bit higher but the rents appear to be average.  The Houston area seems to have a bit more inventory with somewhat lower prices and the rents appear to be about the same, resulting in greater cash flow.  I am looking at a 4plex in the Stafford area, which is a suburb of Houston.  Price is good and great rate of return as well.  I am just wondering if anyone can give me any insight on the market in Houston for long term investing.  How is the economy doing? Is job growth stable? I am looking at this as a long term investment and any insight you can give me would be appreciated.

Thanks.