All Forum Posts by: Jesus Roman

If you can house hack definitely try to take that route. Don't forget there is basically 3 ways to house hack..

1. The most commonly mentioned one.. get a multifamily (duplex,triplex or fourplex) live in one unit and rent the rest out. Classic but might not work in all markets.

2. Get a single family home with a ADU in the back. Live in the back unit and rent out the front or vice versa. This is great option if the multifamily homes in your market are too competitive.

3. This is the one that worked for me when I started as I had 3 great friends to do it with.. I purchased a regular single family home lived in one of the bedrooms and rented out the rest to close buddies of mine. With this start I actually made $300 a month while living in my own home!

Hey everyone,

I’m curious to connect with investors who’ve been using PadSplit or exploring shared housing models here in the Houston area.

I’ve seen more people talk about it lately, and I’d love to hear from those who’ve actually tried it locally:

1. How has your experience been running a PadSplit in Houston?

2. What kind of properties or neighborhoods have worked best (or not so well)?

3. How are you handling management, tenant screening, and maintenance?

4. Has it been cash-flowing as expected compared to your traditional rentals?

5. Any lessons learned or things you wish you knew before starting?

I think hearing real experiences from local investors would be super valuable for those of us looking into affordable/shared housing strategies in Houston.

Appreciate any insights or stories you can share!

No such thing as being late! Welcome. Definitely keep an eye out for local events and try to attend as many as possible. My biggest advice is to ASK ASK ASK ASK.. we are all here to help each other out. Excited to follow along your journey  

Did you interview the agent beforehand? One of the biggest mistakes I see buyers/sellers doing is that they end up working with agents that don't quite understand their real estate goals. For example an investor that is looking for flips ends up working with an agent that only does new construction.. 

There is no reason a home should be taking more than 30 days to lease if it's priced accordingly.. Did you find yourself lowering the price when you went with the PM? Especially being in Katy you should have constant demand on your property to lease it out quickly.

I would suggest reaching out to the agent you had already worked with in the past as this is a common thing that happens in leases. All legal docs used by agents are approved by TREC!

Welcome to the Texas market @Oren Dadon! I have been primarily investing in Houston/Austin area but I'm sure I can share some pointers with you when tapping into this market. Just sent a PM.

Our team is about to list a home for a landlord who is actually interested in letting someone arbitrage the property for Airbnb or Mid Term rental. Feel free to reach out if you are interested.

More challenging in what sense? If you are referring to a leasing perspective it's important to know that everything leases out as long as you price it correctly. So it's important to understand your rental comps before you decide to invest in a particular area. 

Same day or the next. It all depends on the relationship you have with the contractor.. Obviously time is money so you need a contractor who understands that.