All Forum Posts by: Morgan Tondre

@Daniel Wibowo

Investing in Houston offers a mix of opportunities, but it’s essential to navigate the market carefully. Multi-family properties can provide strong cash flow, especially in areas with high rental demand, while single-family homes may offer better appreciation and easier financing options. Focus on researching neighborhoods, property taxes, and insurance costs, as these can impact your returns. If you need further guidance, DM me, and I’ll point you in the right direction!

Good luck!

We have two properties under Kiavi as the lienholder/lender. The worst company to deal with submitting draws for renovation. They are so focused on their stupid form and its format, they rejected my submissions multiple times, the contractors even submitted one. They still rejected it. They even sent a person to the renovation site and still rejects the draw submission. I would never consider Kiavi as the lender. Never again.

you can't. Too many rules and laws you need to be familiar with and you will ruin your friendship when things hit a road bumps.  

new grass and mulch if you need. Power wash the front of the home at least. Don't spend on flowers too much because your tenant will very likely  not take care of them. Make sure you add on your lease that tenant is responsible for lawn maintenance (cutting and watering) Summer heat in Houston is brutal and your new grass ( and investment) will be dead by fall.

All the markets you mention have possibilities I expect.

Look at job growth, population growth, wage growth, average income.   That may help you make a decision.

In Texas I expect DFW and Houston to continue to have some of the best dynamics.  I personally think Austin will struggle for a while.  Perhaps same with San Antonio, but just because the overall market may not be favorable, doesn't mean you can't find a deal or the right deal in any of them.

Where do you live now and why wouldn't you invest there?  That's the lowest risk option typically.

If you're thinking $200K, it will be pretty tough to find MF in DFW for that pricing.  Maybe single family.  Nothing wrong with single family.  The only main difference to me in most cases are that you may have a little less vacancy risk in a 2-3-4 vs single family.

Best wishes and good luck.