Is it a good time to buy houses as investment?

Status: Open
Jul 09, 2023 Views135 Answer a Question

About 9 months ago
Real estate can be a lucrative investment, but it also carries risks. It's crucial to conduct thorough research and consider your personal financial goals and risk tolerance before making any investment decision. If you're uncertain, consulting with a financial advisor or a real estate professional can provide valuable insights tailored to your specific situation.
About 9 months ago
Yes! As long as the property is cash flowing and you have the guidance of your lender if you're going the financing route. I do have an investment property list and be more than happy to share it with you. I do agree with another comment here regarding off market properties (drive for dollars etc.) if you want those, a great tool that's not much for a monthly subscription is Propstream or you can use Remine).I myself am a baby investor and going on my rental investment #2 with zero down for a regular conventional loan. No need to financially qualify other than to have a good credit score. Can share with you the lender as well if needed. Markets are volatile however it has an upward pattern over years. That's why people say best time to invest is 10 years ago and next best time is now.Make sure to check your opportunity cost too! So always compare the return for a potential property vs other potential investments you may have (ie Roth, stocks/bonds, businesses, mutual funds etc)Happy to help!
source:
Propstream, Remine
About 9 months ago
Vinh! Great question! As a very general rule, the Houston market is almost always great for investors, because pricing continuously tends to increase. So, it's really only a matter of implementing the right strategy of locating properties that can be purchased at the right price for an investor's goals. 9 times out of 10, that is NOT by looking at properties that are listed by us haha! Think, door knocking, driving for dollars, bandit signs, word of mouth, foreclosure sales, tax sales, etc. Hope you find the best strategy for yourself and your clients and create a solid portfolio of investments!
Disclaimer: Answers provided are just opinions and should not be accepted as advice.
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