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Updated over 1 year ago,

User Stats

13
Posts
4
Votes
Parechay M.
  • Investor
  • Austin
4
Votes |
13
Posts

Any recommended zipcodes to invest for positive cashflow in AUSTIN

Parechay M.
  • Investor
  • Austin
Posted

Hello Everyone,

Where I am standing: I have done short-term rental, house hacking, rent by room(student housing), and long-term rental strategies in the Greater Orlando area. 

My short-term vision: To buy in more cash flow units either in Orlando or Austin area.

Looking forward to recommendations from the experienced: Any recommendation on the positive cashflow long-term rental single family unit/duplexes/fourplexes to invest in the Austin area? What zip codes do you recommend? 

As per research, the Austin market is more focused on equity-based investment rather than cash flow. So I think it is hard to bring in cash flow, may be wrong. Do you recommend just sticking with the Orlando area where I make a 5 -8%  Cap Rate?

Thank you all for your recommendations.

Pare

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