I’m in the process of searching for land in the Houston area to then build a 4-plex on it.The plan is to self-fund the purchase & construction, rent the units and cash out with a mortage.I like the idea of serving lower income families and therefore don’t shy away from section 8.This is the first time I do something like this, so I’m throwing it out there in hopes of hearing your thoughts and learning from your experience!

With your past experience and a clear goal of building a portfolio in Houston, you’re already well on your way.

Yes, I do it virtually on zoom.

so that would mean that there probably needs to be a home of some kind on the property.  

I underestimated tenant behavior, facing issues like property damage, lease violations, and evictions.Once I realized the importance of focusing on the right tenant segment rather than properties, everything changed.

I click on landlord doc.

Does anyone have experience paying down their loans with HELOC or Liquidity Line money? 

Do you rely on specific data sources, gut instincts, or perhaps a blend of both?

Ready and motivated to get on it and grow now all over the USA and internationally if possible and convenient.

The gift that keeps on giving!