Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Austin Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago,

User Stats

30
Posts
15
Votes
Renee Burke
15
Votes |
30
Posts

Several questions from a new investor

Renee Burke
Posted

Hello, I am a newbie in real estate investment and have several basic questions for you:

- ON this board I see people referring to A, B areas. Where can I find a list of the specific areas in Austin, that are A, B, etc? I am assuming that lists the zip codes?

-I'm interested in house-hacking in Austin (duplex) and living in one of the sides for about 4-5 years. I've used the calculators available on this site but have a basic question. When estimating the cash flow, If I am living on one side, what numbers do I use? For example, when asking for monthly rent, should I enter the total for both sides, even though I live in one of the sides? Or enter only one side (the renters). For expenses, there will be expenses on my side and also on the side of the renter. How do I reflect those in the calculator?

-Finding a duplex for me has been a bit challenging since I have conflicting goals. I want a property that can cash flow as soon as possible. However, in order to get that I have to look at areas that may not be the best for my children (not so much for schools but crime, etc.) Has anyone had this situation?  Suggestions? I am constantly in a conflict between the cash flow and providing a safe environment for my kids. IDeas?

Thanks

Loading replies...