All Forum Posts by: Morgan Tondre

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.

@Seona Joung

The real estate market in Houston has many options for investors. Townhomes and condos in areas like Spring Branch, Heights, and Rice Military can see high appreciation rates. In Spring Branch, new homes with modern amenities come with lower maintenance costs, but might have tough competition and higher initial expenses. Older homes in neighborhoods like Heights and Montrose are full of charm, character, and history, but may need some renovations.

When navigating the market, it's important to partner with a local real estate agent, take into account rental market demand and rates, search for value-add chances, and learn about landlord-tenant laws. Engaging with fellow investors at networking events and online forums can offer helpful guidance.

Good luck!