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Updated almost 4 years ago on . Most recent reply

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Abdul Jabbar Khan
  • New to Real Estate
  • Houston, TX
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Whats the best strategy right now in Houston in this economy?

Abdul Jabbar Khan
  • New to Real Estate
  • Houston, TX
Posted

I am confused where to start should I buy and hold, fix and flip, wholesale, BRRR

This is my first one so I dont want to mess it up or loose my investors money.

Most Popular Reply

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Cody L.
  • Rental Property Investor
  • San Diego, Ca
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Cody L.
  • Rental Property Investor
  • San Diego, Ca
Replied

I have an off market NNN deal in 3rd ward. I was going to allow the lease to season a bit then refi to get all my cash out of the deal (I pod $3m. I assume it will appraise for $4m in a few months)

I’d sell for 3.1m (10 cap) 

To answer your question: buy in the path of progress where you can get some upside. Just making 6-8% on a property is a slow way to grow. Get something you can flip out of or refi and get your capital out of


and like someone else said, 3rd ward still has pockets that are under priced 

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