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Updated over 6 years ago on . Most recent reply

User Stats

17
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8
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Elizabeth Hernandez
  • Real Estate Agent
  • Austin, Tx
8
Votes |
17
Posts

Newbie to The hot Austin market- Tips?

Elizabeth Hernandez
  • Real Estate Agent
  • Austin, Tx
Posted

Hi all!! Tossing some newbie ideas and a quick intro.

My ideal starting niche is SF homes in South Austin for Buy and Hold for ~225K. From my understanding Cashflow is not the name of the game in Austin, but rather appreciation. To commence I have considered getting a Real Estate sales license to gain a better understanding of the process. Local Meet ups to learn from the seasoned investors. To give y'all perspective here is a bit about me- I live in Houston, but plan to make a move to Austin in the soon. I work FT, I'm a new mom, and these things keep me motivated!!! 

Tips would be very much appreciated!

Most Popular Reply

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4,850
Posts
3,415
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Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
3,415
Votes |
4,850
Posts
Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
Replied

I would make sure it makes sense as a rental and assume it never appreciates.

Buying for appreciation and hoping the market is going to do it for you is similar to roulette in Vegas.

My only advice is to learn how to a Analyze deals and make sure you are buying cash flowing properties.

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The Moorhead Team
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136 Reviews

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