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Updated 12 months ago,

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Austin/San Antonio Newbie Investor Seeks Rental Property & Team

Abhishek Agrawal
Posted

Hello BP Community,

I'm Abhi, a newbie investor eager to dive into the exciting world of real estate! My sights are set on acquiring my first rental property in the Austin/San Antonio area, aiming for cash flow and a 7-10% yield on my down payment.

Here is my initial plan based on the learnings I have done so far:

  • Property Type: Single Family/Condo/Apartment also open for other suggestions
  • Strategy: MTR/LTR 
  • Budget: $300k - $400k
  • Credit Score: ~750
  • Down Payment: 15-20%

Where I need help of this awesome BP community:

  • Guidance & insights: 
  • I'm open to any advice and tips from seasoned investors and experts in the Austin/San Antonio market.
  • Experienced team: 
  • I'm actively seeking investor-friendly professionals, including lenders, agents, property managers, tax experts, inspectors, and lawyers. Ideally, I'd find a team willing to not only help me find the perfect property but also mentor me during my real estate journey.

If you have:

  • Any recommendations for lenders, agents, property managers, etc. in the Austin/San Antonio area who specialize in working with new investors
  • Valuable insights or advice for navigating the market as a newbie
  • Experience you're willing to share (success stories, lessons learned, things to avoid)

Please don't hesitate to reach out! I'm eager to learn, connect, and build a strong foundation for my real estate future.

Sincerely,

Abhi

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