Looking to start real estate journey in Austin Suburbs

[Min Kwon]

Hi everyone,

I'm currently in NYC but realizing it's hard to find SFH or Condos in NYC to start my real estate investment journey. I listened to the BP podcast and Texas seems like a good opportunity. I'm looking at SFH ($150 to %250K range) in the surrounding suburbs of Austin. I'm looking to start by using a conventional home loan, put 20% down (30 year mortgage). Also plan on using a Property Manager. What advice can you give? TIA!

[Michael Tyler]

Property management should be a bigger consideration than other areas. One manager ghosted us after years of working together. We have a C+/B- duplex in North Austin with solid income and still struggled to find a replacement manager willing to take us on. Some managers only work a certain portion of the city. Some only want the cream. PM for the company we landed with. They are wonderful.