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Rehabbing & House Flipping

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Nikki Feliciano
  • Real Estate Agent
  • Pocatello, ID
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Best areas in Houston

Nikki Feliciano
  • Real Estate Agent
  • Pocatello, ID
Posted May 19 2023, 13:27

Anyone have any feedback on the best areas in Houston area and surrounding for rehabbing right now?

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Karl McGarvey
  • Real Estate Agent
  • Houston, TX
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761
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Karl McGarvey
  • Real Estate Agent
  • Houston, TX
Replied May 19 2023, 14:06

Hey Nikki, 

There are a ton of markets within Houston that could be great for rehab, I think the bigger question is what is the end goal of the rehab? True Flip or are you hoping to maximize rents after the rehab? There are still TONS of properties in Galveston Island that would make great rehabs with STR investors always shopping for rentals on the island as one potential exit strategy!

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Nikki Feliciano
  • Real Estate Agent
  • Pocatello, ID
2
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9
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Nikki Feliciano
  • Real Estate Agent
  • Pocatello, ID
Replied May 19 2023, 14:11
Quote from @Karl McGarvey:

Hey Nikki, 

There are a ton of markets within Houston that could be great for rehab, I think the bigger question is what is the end goal of the rehab? True Flip or are you hoping to maximize rents after the rehab? There are still TONS of properties in Galveston Island that would make great rehabs with STR investors always shopping for rentals on the island as one potential exit strategy!


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9
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Nikki Feliciano
  • Real Estate Agent
  • Pocatello, ID
2
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9
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Nikki Feliciano
  • Real Estate Agent
  • Pocatello, ID
Replied May 19 2023, 14:16

Thank you that helps! Right now I am looking to do a few true flips before I hold anymore. I am new to the TX area and have other properties out west that I’m selling off right now to reinvest here. I sure appreciate the tip! 

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Karl McGarvey
  • Real Estate Agent
  • Houston, TX
492
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761
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Karl McGarvey
  • Real Estate Agent
  • Houston, TX
Replied May 19 2023, 14:16
Quote from @Nikki Feliciano:

Thank you that helps! Right now I am looking to do a few true flips before I hold anymore. I am new to the TX area and have other properties out west that I’m selling off right now to reinvest here. I sure appreciate the tip! 


 Very cool! Good luck

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Replied May 19 2023, 15:13
Quote from @Karl McGarvey:

Hey Nikki, 

There are a ton of markets within Houston that could be great for rehab, I think the bigger question is what is the end goal of the rehab? True Flip or are you hoping to maximize rents after the rehab? There are still TONS of properties in Galveston Island that would make great rehabs with STR investors always shopping for rentals on the island as one potential exit strategy!

Currently looking for Galveston STR too.

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761
Posts
492
Votes
Karl McGarvey
  • Real Estate Agent
  • Houston, TX
492
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761
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Karl McGarvey
  • Real Estate Agent
  • Houston, TX
Replied May 19 2023, 15:13
Quote from @Herman C.:
Quote from @Karl McGarvey:

Hey Nikki, 

There are a ton of markets within Houston that could be great for rehab, I think the bigger question is what is the end goal of the rehab? True Flip or are you hoping to maximize rents after the rehab? There are still TONS of properties in Galveston Island that would make great rehabs with STR investors always shopping for rentals on the island as one potential exit strategy!

Currently looking for Galveston STR too.

 Ill shoot you message!

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Cody L.
  • Rental Property Investor
  • San Diego, Ca
4,331
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Cody L.
  • Rental Property Investor
  • San Diego, Ca
Replied May 27 2023, 13:12

IMO
#1:  77006 (only place I'd live)
#2:  77019
#3:  77098
#4:  77004 (some pockets, better if west of 288)
#5:  77002

After that it drops off quite a bit IOM.  77021, 77007, 77017 are acceptable class C spots.