The first question would have to be in what city would I invest in for Real Estate. I would have to go with the city of Houston. I have been all around Texas and I have not seen a city that has as much going on as Houston. I will be starting my career in Houston. I am working with developers on Houston that work on building apartments, shopping centers, residential homes, office buildings, and the list goes on. Every corner you see some kind of building going up. I sure will be busy starting in May.
http://www.houstontx.gov/planning/_GeneralPlan/Growth.html
The second question is what kind of property would I invest in. I come to two different options. I would either invest in a strip center on the side of a highway with easy access or a multifamily apartment/condo complex.
A strip center with great access and renters will thrive in Houston. People are moving there and staying year after year. You need this centers for easy access close to peoples work and homes. It is all about how close, how easy, or traffic flow when looking. Location, Location, Location.
I am a leasing agent for multifamily apartments right now, so I have some knowledge of the interworking of this side. When in Houston looking for a place to live, it was hard to find an apartment that was not full. About 85% of the apartments I looked at were full and I was put on a waiting list. That is a good sign for investors of that property. I would research good management companies and look at the past years to see if the apartment complex has been a success.
In conclusion, I would have to do a lot of research for both of these options. Pick the pros and cons and decide with the best option
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