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All Forum Posts by: Adefemi Tee

Adefemi Tee has started 2 posts and replied 6 times.

Post: Recommendations for property managers in the bastrop area

Adefemi TeePosted
  • New to Real Estate
  • Bakersfield, CA
  • Posts 6
  • Votes 2

Hello everyone, a friend of mine is looking to lease his property in the Bastrop groove area. Looking for recommendations for a personable, detail oriented property manager . Pls inbox or post on thread. Thanks in advance!!

Post: House poor family with fully paid off house in Westlake/Eanes

Adefemi TeePosted
  • New to Real Estate
  • Bakersfield, CA
  • Posts 6
  • Votes 2

Im new in the investing space and im looking for more experienced commenters to give you more insight into how to navigate the financing aspect of things.

On a more personal note, if you do get involved in buying a property from a family member, my advice would be for it to be a clean cut to minimize any future problems. I personally wouldn't consider renting back to them specifically. 

Post: House hacking in Austin

Adefemi TeePosted
  • New to Real Estate
  • Bakersfield, CA
  • Posts 6
  • Votes 2

Great points raised by everyone. I will take them into account as I move forward. 

Post: House hacking in Austin

Adefemi TeePosted
  • New to Real Estate
  • Bakersfield, CA
  • Posts 6
  • Votes 2
Originally posted by @Wale Lawal:

Great strategy, especially for beginners.

Use Niche.com, Greatschools.org, and Msc.Fema.gov for your research.

Please feel free to reach out if you need more insight on the Austin market. I would like to help!

 Thanks Wale, 

I haven't heard of the latter two. I will definitely review those. 

Post: House hacking in Austin

Adefemi TeePosted
  • New to Real Estate
  • Bakersfield, CA
  • Posts 6
  • Votes 2

Thanks for the referral Jarred. 

Great to hear you're making a success of it Jordan. What areas are your properties located in? I have been exploring some lender options- I am leaning towards an FHA loan (not sure what the limit is in Austin- 540k? ) but I also have obtained conventional loan pre-approvals as I get started in the process.

Any tips on up and coming neighborhoods I should look more into? Pls let me know if its ok to PM you.

Post: House hacking in Austin

Adefemi TeePosted
  • New to Real Estate
  • Bakersfield, CA
  • Posts 6
  • Votes 2

Hi all. Looking to gain insight on house hacking in Austin, TX. This is my first foray into real estate and following the information gathering phase , it appears that house hacking is what i'm most interested in starting with at the moment. I do have some flexibility in my job and can work remotely but don't want to be too far from downtown Austin (within a 20-30minute drive).

An ideal scenario would be a multi unit property , I plan to reside in one of the units while renting the other unit/ units out. Looking for at least one of the units to be over 1000 sq ft . I am currently have a price range of less than 550k as a benchmark at the moment and plan to put down 5-10% . I am looking at class B neighborhoods currently in this price range. I would like to hear from individuals currently doing this successfully or more experienced individuals who are able to offer some advice.

Thanks in advance.