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Updated over 4 years ago,
Austin, TX, Real Estate... What's the deal?
Hi all,
I am moving to Austin, Tx, next month and I want to get involved in my first property deal! I know this is general, but does anyone have any tips specifically for someone with the below criteria? Any help would be greatly appreciated as I want to learn as much as I possibly can about this new city (good neighborhoods, success stories, networking opps - lenders, agents, prop managers, etc.):
1. Rental property
2. budget: $150k-$200k
3. Interested in #1 cash-flow potential (replace my income) and #2 appreciation (great investment)
As a secondary question, how do you all think COVID will affect the Austin RE market if at all? Will we start seeing deals sometime soon, and why?