Cash flowing LT Rentals in Austin, TX - I'm analyzing hundreds of deals weekly

[Mike Cossette]

My team and I are now pulling a few hundred properties and analyzing them in Bulk every week, cherry-picking the best ones and sending them out to investors every Tuesday. We just started doing this in Mid- Nov '23 due to a lot of investor client requests. 

We are finding about 2 per 100 that cash flow before CapEX and management, and another 3 per 100 that come within $100/month negative cash flow yr 1.

We haven't seen anything close to this consistently since 2011/2012, and since we're already doing the work, finding, analyzing, and packaging up these deals I thought why not share them with everyone interested instead of just our clients? 

So Investors or potential investors...feel free to message me for more info, ask any questions, or email me at [email protected], Socials are at @askmikecoss so DM is fine too. My BP profile has all my info. 

We are happy to help investors take advantage of this unique window of opportunity in the Austin Real Estate Market. The hope is that if you find a deal you want to pursue off our list, reach out and use us to make the offer(s) and secure the contract, and we'll help with all the other details to get you through closing and all setup and running. 

Current Assumptions/Criteria;
We're using the current list price and 7% interest rate 75% LTV, other assumptions we're using are…

4% Vacancy rate, 1800yr insurance, prices between $250K and $600K, 25% down. 

We're working on adding in all the off-market fix and flip deals, and small multi-family to this same email.  If you'd rather not communicate with us but just want to be on the email you can sign up on our landing page - https://rem.ax/MikesLinks just click the Investor Opportunities button.