Thoughts on the market?

[Henry Tse]

Hello, I'm a new investor looking into buying cash flowing real estate. I have been exploring different markets. I wanted to know what are peoples thoughts in the Austin area? Looking into SFH, or multi units. I'm still building capital but look to buy within 6 months.

[Kelby K.]

I can whole-heartedly agree with @Carrie Hiner about the quality of life compared to CA. Our family's life has changed DRAMATICALLY since we moved to Austin less than two years ago. We didn't realize how stressed the environment (and we) were in Northern CA until we moved here. The pace and people are extremely accommodating and friendly. The real estate still has plenty of room to grow, just make sure your location is nails or you're in an emerging area that is already built out. The thing about TX is that there's plenty of land in the "outskirts" of town (only a few miles from city center) where new inventory can pop up and slow your appreciation potential. It's not as land-locked by the ocean, bay, and mountains like the Bay Area.