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Updated over 8 years ago on . Most recent reply

Vinod Reddy's profile image
Vinod Reddy's profile image
Vinod Reddy
  • from Austin, Texas
  • Member since Jun 24, 2016
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Vinod Reddy's profile image
Vinod Reddy's profile image
Vinod Reddy
  • from Austin, Texas
  • Member since Jun 24, 2016
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Vinod Reddy
  • Austin, TX
1
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New Member Introductions

New member from Austin area!

Vinod Reddy
  • Austin, TX
Posted

Big5 to all bigger pockets members.

I am looking for some investment oppurtunities in Austin area. My objective is to learn, grow and succeed as a real estate investor. Mostly looking out for cash flow properties.

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Charlie Chung's profile image
Charlie Chung's profile image
Charlie Chung
  • from Burlingame, California
  • Member since Jun 27, 2016
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Charlie Chung's profile image
Charlie Chung's profile image
Charlie Chung
  • from Burlingame, California
  • Member since Jun 27, 2016
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Charlie Chung
  • Burlingame, CA
22
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Charlie Chung
  • Burlingame, CA
Replied

Hi Vinod,

Agree with the others that it can be tricky to invest in Austin rentals--the biggest issue for me is that the property taxes are so high (though TX doesn't have state income taxes), that they add $300-400 per month on even a modest property...but I am bullish on the appreciation potential.

-Charlie

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