Price range of $100K-$400K per deal Targeting 3-9 deals in the next 18-24 months Willing to look at properties within an one hour drive of I-10/610 West
First step is to meet with your agent/broker and determine what are your specific objectives. At any time there are 400-500 multifamily properties listed on HAR and in my 44 years of experience, if you listed them all in order of best to worst, the best 5-10 would be absolute bargains and the worst 5-10 would be total disasters. A good agent/broker can help you determine not just the best areas for you, but how much rehab you are willing to endure in a purchase, the relative age/condition of the property will determine the ongoing repair and maintenance you will have to provide. The rental history can be normal for the market or the property may have underperformed due to poor management. I have worked with investors for 44 years and finding the best properties to build your portfolio is a function of assessing your goals and formulating the optimum plan to achieve them through real estate investments. However, one thing remains constant, because of favorable tax laws and low interest rates, this is the best time to be taking an aggressive position in real estate investments.
Greg Buchanan, Broker/Owner Houston Strategic Real Estate Group 832 741-6018
source:
44 years of experience as a trainer, broker and developer
I owned a fourplex myself and always dreamed of getting another. Please feel free to reach out should you need help in achieving your current and future investment goals. Happy hunting!
Hi Matt, I work with an investor and general contractor at this time on the east side but willing to help you find what you are looking for in your area. I have proven guidelines that help us find the right properties and I am sure it could work for you.
Hi Matt, I only work with a handful of investors. Relationships are important to me so Id like to meet and discuss your investment goals further. If you are looking for a long term partner and have a desire to invest in the inner loop at all then I definitely am willing to assist. I have a heavy emphasis in the third ward area, have good relationships with builders & architects, and my background is in financing public/private projects & affordable housing. Reach out anytime.
If you are still searching for an agent to assist you in purchasing investment properties please feel free to give me a call at your convenience. I currently work with several investors who purchase investment properties and can be of assistance. (cell: 281-546-5675, email: mbjr73@yahoo.com)