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Updated over 4 years ago on . Most recent reply

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Justin Wang
  • Investor
  • Austin, Tx
4
Votes |
3
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Investor looking into Austin

Justin Wang
  • Investor
  • Austin, Tx
Posted

Hi Austin BP community!  

First time posting.  My partner and I are looking to invest in Austin (her hometown). Some of the parameters we are looking at   

- Doesn't need to cashflow but goal would be to get as close to breakeven as possible

- We are ideally looking at the long term appreciation / ROI potential but don't want to sink a bunch of cash into it in the short term

- We are open to SFH, multi-unit, duplexes

- 300-750k - I know its a wide range but we are more interested in the financials and outlook of the deal rather than the total asset value


Based on the above, what woudl you recommend in terms of neighborhoods and asset types to focus on?   Recommend any good agents / brokers who are investment focused? 

Thanks!

Justin

Most Popular Reply

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4,848
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Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
3,415
Votes |
4,848
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Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
Replied

@Justin Wang I'm investing east of 35 personally and seeing some pretty great returns with my value add projects! I'm all small multifamily too

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The Moorhead Team
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