House Hacking as first real estate investment in Houston

House Hacking as first real estate investment in Houston

Member since 2021 · 1 post · 0 votes

Hello Bigger Pockets Family

I recently relocated from the Philadelphia region for a job down here in Houston. I currently live in an apartment and pay rent in the Midtown area. I am in my young 20's and have a plan to invest in a multifamily property (house hack) after my lease is up in October of 2022. I am still relatively new to the area, but would greatly appreciate any insight on specific areas to focus my research. In an ideal world, I value cash flow over appreciation. This would be my first real estate purchase (the first of many hopefully).

Thank you very much in advance!

-Andrew

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  • Wale LawalBusiness Member
    Real Estate Broker · Houston | Dallas | Austin, TX · Member since 2018 · 5k+ posts · 2k+ votes
    5y

    If you are looking for a great area to invest in, you may need to do some commuting. Areas like Katy, Cypress, Spring, some parts of Houston, Conroe, Tomball, and Pearland are great places to own rentals. These cities tend to command quality tenants, and they have great schools.

  • Rental Property Investor · Houston, TX · Member since 2017 · 144 posts · 42 votes
    5y

    your budget would be something good to include.

    House Hacking is great! wife and I did it for 3 years in Houston. it helped us get to where we needed to be. living almost for free we saved tons of money and started buying off market deals in cash. you can build wealth quickly and lay a strong foundation for the future by house hacking.

    Keep it up!

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