Investing in Houston

[Trudy B.]

Hi there, before we buy another investment closer to home I would like to look at the Houston market and was wondering if anyone could give me a few zip codes to focus on.   We would be planning to hold the property for at least 10 years and would prefer to look at areas that have a good mix of owner/occupiers & renters and attracts a nice tenant. Any other tips/advice would be appreciated.  

Cheers

Trudy

[Brian Foster]

Trudy, we like the North Side of Houston and we like B Neighborhoods for their rent/value ratios. Best returns for investors that are also going to give you reasonable appreciation. Pull out you Houston map and start looking north of I10 and in between Beltway 8 (Sam Houston Toll Road) and the new Grand Parkway (Route 99). This will put you in places like: Katy, Cypress, Tomball, Spring, Humble, Huffman.

Check out the Greater Houston Partnership's website for some great information on the economy and demographics too.