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Updated over 4 years ago on . Most recent reply

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Reno Ancheta
  • Investor
  • Austin TX
2
Votes |
2
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Breaking into expensive Austin market

Reno Ancheta
  • Investor
  • Austin TX
Posted

Hello all,

I’m looking to buy my first home in Austin TX, the prices of homes anywhere within 20 minutes of downtown are $300k plus for basic single family homes. It seems to me that based off the home price , it would be hard to make a profit from renting the home since its so far from the city.

What strategies have y’all used to successfully profit in an expensive sellers market?

  • Reno Ancheta
  • Most Popular Reply

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    Jordan Moorhead
    • Real Estate Agent
    • Austin, TX
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    Jordan Moorhead
    • Real Estate Agent
    • Austin, TX
    Replied

    @Reno Ancheta I'm doing rehabs on multi unit properties to get the rents up personally. I bought one for $341k that will rent for $4000 gross after rehab

    business profile image
    The Moorhead Team
    5.0 stars
    136 Reviews

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