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Is Buying a Multifamily Property in Houston Texas HARD?! | It's EASIER Than YOU THINK
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- Опубліковано 15 сер 2024
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Thanks for this info! I’m looking at Dallas to be a live-in landlord in a multifamily home and I feel like this info is relevant for the DFW market too
Glad the video was helpful ☺️. If you change course and decide to look at Houston I’m here to help 👋🏽☺️
This is so helpful. I’ve watched this 7 times at least…definitely looking forward to buying my first ‘dodgy neighborhood’ Houston duplex next year😅
Lmfao. I’ll be here ready for ya
Good morning Aaron, It seems to me Texas was zoned to be more of a subdivision/master plan community's where you buy rather than have multi family dwellings or you can have a castia type home as a type of multi family in my opinion...I live in Brooklyn NY and the zoning is more conducive to multi family building/home living idk maybe because it's over populated here 🤷🏽♀️ but anyway does any of your builder's have rent to own properties. Thank you for all the information on your channel it's very helpful.👍🏽
You’re correct. The land is mostly zoned for 1-4 units. The multifamily here is 90% large apartments. The builders directly don’t have those programs but you can get financing through a program like divvy to accomplish the goal. www.divvyhomes.com/a/agentaaronlathan
Thank you for the information . IAM looking for a multifamily home in Dallas Texas or Houston.i love those homes there...
Here’s a link to my calendar if you have any questions: aaronlathan.prgtexas.net/buyer-consultation
Hey Aaron, I’m a first time home buyer here and would like to speak more in depth. I think the number in the video directed me to someone else. In trying to get a multifamily but the price range you described is looking like another option may be better suited. If you have time to talk or schedule a meeting.
Here’s a link to my calendar: aaronlathan.prgtexas.net/buyer-consultation
On the outskirts of Houston in the Richmond area. Ive been looking at duplexes and been bouncing investment ideas off my wife. We are saving and investing but i feel we need to do more with our money. If i had it to do again i would have bought a duplex as primary home and rented out other side to help payoff quicker using that as passive income as we pay off secondary. Just need a little more guidance as im becoming less afraid of getting out there. Military vets here, thanks for this great video with great info. Im seeing side by side units in sunnyside
Let’s get a game plan together. calendly.com/myagentlathan/client-consultation
@@aaronlathan will get with the wife we will be in contact
The only thing with multi family in Houston, there pretty high. Im seeking to buy my first one out of town. I may hit you up for my second one to buy here in H-TOWN.
Multifamily is great if you have the finances to make the numbers make sense. Go too low and the neighborhood won’t support the rent. Go too high and the neighborhood doesn’t support either because we don’t have a lot of class A and B 2-4 units.
What does the process look like if you wanted to buy a new duplex r get one built in a old neighborhood?
Get approved for a construction loan. Find the builder and land. Start the process. Biggest thing will be having comps to support what you’re trying to build.
hello Aaron a friend of mine is considering investing in a multifamily property. He is out in Dallas and we need assistance.
I don’t service Dallas personally but have an amazing colleague out that way. Would you like me to connect you? Or are y’all looking to invest remotely in Houston?
@@aaronlathan we are looking to invest in the Houston market
First time home buyer here , I want to know how much I need to put down to buy a multi-family in houston ? Or what’s the best investment out there for a first time home buyer in houston ?
That’ll depend on your credit and situation. Multifamily properties tend not to cash flow here without a lot of money down or a specialized plan like Airbnb. A better route in my opinion is buying a property in a transitioning area and house hacking. You’ll have better appreciation and more money to take into the next property.
Is it a good idea to invest in townhomes in Houston? I see some under 100k, but i here about the HOA 's
It’s all about the numbers. Unfortunately even super old condos and townhome communities can have high HOAs that make them not cash flow friendly.
If you wanna talk more in depth here’s my calendar: aaronlathan.prgtexas.net/buyer-consultation
@@aaronlathan true that! & Thanks!