Investor Friendly RE Agents in Houston
Hey everybody,
I am currently looking to expand my farm area to sub-markets in Houston. I am currently situated in San Antonio and investing here, but I have partners in Houston whom I plan to invest with. I want to utilize the BRRRR method for small multifamily properties. We are looking for value add rental properties so we can refinance and continue to repeat. As for metrics, ideally we'd like to obtain $150-$200/mo/unit in cash flow (after variable expenses such as repairs, cap ex., vacancy, management) along with a 10-15% CoCROI. Just curious, for anyone currently investing in the Houston market now, how do these metrics and criteria sound? Obtainable?
Also does anyone have any recommendations for investor friendly real estate agents? Ideally agents that invest themselves. I am open to all recommendations.
Thank you
Most Popular Reply
Hey Alex. There are a myriad of questions involved with the MF side of things. I will shoot you a PM with a form that I use to inquire and educate potential clients. At worse you walk away with a better understanding of expectations when searching for that multi family asset.
Best,
Mike