FIG / ReMAX in Richmond / Houston area

5 Replies

I'm a realtor/investor in the Waco area, but am curious about the Houston market. Has anyone looked at the FIG / ReMAX duplex / fourplex / 8-plexes in Richmond / Katy / Houston area? They're advertising 7.5% cash on cash return. Has anyone been looking in that area? They seem to have nice charts and graphs and some nice development properties. Although 7.5% isn't "amazing" or anything, seems like a decent investment. I've done flips in SE Houston but not super familiar with Katy / Richmond area. Would appreciate any insight into that area or FIG.

Thanks,

David

FIG has other development projects as you are probably aware. This is their second in Texas. It's an interesting opportunity. I've spoken to them a couple times. Still considering.