Home Buying in 77036>Question Details

Vidya Inagan…, Home Buyer in San Jose, CA

I am planning to buy Condos for investment purpose at 10211 Forum Park Houston 77036. I am looking only the

Asked by Vidya Inaganti, San Jose, CA Thu Apr 10, 2008

ones which are rented. Is this a good place and time to buy? How is the neighborhood? Do the properties appreciate?

Help the community by answering this question:

Answers

4
Also, be sure to ask if the condos you are looking at are "Warrantable", so that you can seek conventional financing...

If they are non-Warrantable, you will have to seek a portfolio loan from a lender that offer them... much different product.
0 votes Thank Flag Link Fri Aug 16, 2013
i had a very negative experience recently with this area. first step, talk to a reputable realtor.
0 votes Thank Flag Link Thu Aug 15, 2013
Bruce,
Can you pass on the Houston investment specialist's contact info?
I am looking for investment properties in the Houston area.
Thanks,
Richard
richardchrist@entouch.net
0 votes Thank Flag Link Mon Apr 14, 2008
Condos are normally pretty tough to work for cash flow, due to HOA fees. For example in Dallas I really only know of a handful of places that work well for investment/rental purposes. All have low HOA fees....like $100-$150/month. Normally if it goes over that too much then it starts going negative. Since you're not getting much response here, can I recommend a really good investment specialist for you to work with in Houston?
Web Reference: http://www.teamlynn.com
0 votes Thank Flag Link Sat Apr 12, 2008
Bruce Lynn, Real Estate Pro in Coppell, TX
MVP'08
Contact
Search Advice
Ask our community a question
Email me when…

Learn more

Home > Texas > Harris County > Houston > 77036 > Home Buying in 77036 > Question
Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer