New Jersey to Texas - Newbie

[Charles Pallas]

Hi,

I currently live in NJ and have put in a transfer with my company who has business units in Texas. I received a call from the Austin, TX business unit about a position that will be opening later this year. From my conversation with them, I should be moved and settled in by end of 3rd quarter. Once settled in, I am looking to buy a rental property, aiming for a 3-4 unit building to get started. This would be my first rental property ever. I have a few questions about Austin:

1. How did most Texas real estate investors on here begin? Was it by house-hacking? Or did you go right into larger apartment buildings?

2. What is one unique part about investing in Texas that a new investor should be aware of?

3. For people who own 3-4 unit properties, do you manage it yourself or do you have a property manager?

Thank you in advance for any information you can provide!

-Chuck