New From Austin - In somewhat of a unique situation

[Billy H.]

Hello All,

Very excited to be apart of this group. I live in Austin Texas and I'm in need of a lot of help and advice.

As a quick intro, I love Real Estate. It's an investment I understand, that's real, and that produces cash flow while it grows. I want to get more involved in real estate but the market seems white hot and its left me with cold feet wondering when and how to jump in.

Another bit of data that will be useful. I used to work as a home builder so I'm used to working with sub contractors. That doesn't mean I know everything because working for a home builder is more scheduling than anything else but I do know my way around a home so I want to use those skills however I can.

Here's my somewhat unique situation.
A while back I sold a company and it's left me with a lot of cash. I have the ability to buy a good number of homes in cash or at least qualify for a large amount of loans. I'm also able to buy something and not profit for a while if I'm building, remodeling, etc.. Carrying costs aren't a problem. I'm looking for income and long term growth but I'm open to building, remodeling, renting, or flipping.

So, if you were in my situation how would you proceed? Also, any insights into the Austin market would be appreciated.

Thanks,
Billy