Rental Property Investor · Houston, TX · Member since 2014 · 1 post · 0 votes
I have two SFR properties in Texas (one in Spring for past three years and one in Conroe for past three months) which I plan on keeping for the long term while continuing to build my portfolio.
Are there any others out there who have utilized SFR buy and hold strategy in Texas that would be willing to share their story - pros cons etc.? Trying to connect with seasoned investors Im the area who have followed a similar path.
Thank you!
We have done well investing in the Spring area - One thing that helped our bottom line was to reduce our expenses by investing in areas that have lower tax rates - we moved completely out of Harris County to Montgomery County and found further savings by buying in neighborhoods without a MUD tax - we effectively reduced our expenses by one percent or more (which is like having an extra month of rent).