How to buy in expensive areas

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Hello, 

I was wondering how you buy real estate property and make good decisions in areas where the market is so expensive?

[Joseph Baldini]

Hey Raymon. 

Can you tell me more? 

Good decisions are really dependent on what your strategy is, and what you're trying to accomplish. Your buy strategy will be drastically different if you are buying to be an owner occupant vs. buying to invest. Then, there is the question of what is your investment strategy? You'll be looking for different characteristics if you trying to fix and flip, or if you are buying something that's already at the top of the market. Are you trying to hold this property to collect rent, or buying to sink some cash into it for equity and speculate on the appreciation?

The more specific you can be in what you are trying to accomplish, the more successful you will be in making that good decision.

Furthermore, I've got a pretty good handle on what's going on in the Austin market. Let me know if I can do anything to help you move forward .