Austin, Texas Real estate investor stories

[Nick Peralta]

I am a rookie investor with one property in Hutto, Texas in which I break even on. A lot of properties I see are not possible to cash flow in the area, but appreciating quite fast. I've only been looking at the MLS so maybe that's why. What kind of deals are you investors getting? What kind of cash flow? Appreciation? Tell me your best and worst stories. I want to learn through other peoples mistakes soo I can minimize my risk. Thank you!

[Jacob Pereira]

@Nick Peralta, how long have you had your Hutto property? If you're breaking even now, you should be positive at the next renewal.

Personally I only buy properties where I can add value, so I'm generally cashflow positive by the time I can turn over tenants. It's getting harder and harder not to bank on appreciation though.