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Updated 12 months ago,
Austin/San Antonio Newbie Investor Seeks Rental Property & Team
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