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All Forum Posts by: Aubrey Durham

Aubrey Durham has started 10 posts and replied 25 times.

Post: $1M 44.5 Acre Family Compound in Luling, TX (4 structures & pool)

Aubrey DurhamPosted
  • Real Estate Agent
  • Austin, TX
  • Posts 29
  • Votes 8

- 44.5 ACRES in Luling, TX w/ I-10 FRONTAGE! - Currently split across 2 parcels

- AMAZING custom built pool

- 4 Septic Systems - Main house has a new septic a few months old, rest were pumped approximately 3 years ago 

- 2 Wells on the Property

Includes 4 structures:

  • Main House (3Bed 2Bath 2Car - 2300sqft)
  • Guest House (3Bed 2Bath 2Car - 1500sqft)
  • Pool House (1Bed 1Bath - 1500sqft)
  • Mobile Home (2Bed 2Bath - 1500sqft)
  • NO RESTRICTIONS NO FLOOD

    **Cash or Hard Money only

    Post: Is there a demand for Short term rentals in Kyle Texas?

    Aubrey DurhamPosted
    • Real Estate Agent
    • Austin, TX
    • Posts 29
    • Votes 8

    Has a lot to do with the HOA. If you are open to other areas I would look at round rock, Georgetown, Pflugerville area. Where you pick will depend on your goals for cash flow and your budget to buy. Feel free to reach out if you would like more information.

    Post: Please help me get started for mid-term rental investments

    Aubrey DurhamPosted
    • Real Estate Agent
    • Austin, TX
    • Posts 29
    • Votes 8

    Welcome to Texas! I specialize in investment properties in Kyle, Buda, & Austin. If you need someone to take you step by step through the process I'd be happy to help. I would first suggest deciding your budget and strategy. If you are struggling to figure those out, reach out and I can help. I have helped a lot of first time investors learn the process and successfully buy their first investment property. 

    Either way, best of luck! And partner with people you trust & have done it here in Kyle before - by far the most important tip I can give.

    Post: Austin rental market investing

    Aubrey DurhamPosted
    • Real Estate Agent
    • Austin, TX
    • Posts 29
    • Votes 8

    First of all, welcome! Best advice is to partner with someone who specializes in investment properties in the Austin area. Different pockets of Austin vary drastically so you really have to know the area. First thing is to decide if you want to flip or buy/hold. From there determining what you have budgeted for your first project. From there it is really just a matter of determining comps, cost to rehab a property, and your timeline.

    I have helped several investors flip their first home in Austin and learn how to do it effectively. Feel free to send me a message if you would like some help :)

    Post: How does Private Investing work?

    Aubrey DurhamPosted
    • Real Estate Agent
    • Austin, TX
    • Posts 29
    • Votes 8

    Best way to think about hard money is as a bridge loan. It is the bridge between buying and selling a flipped home. It is a place holder. So it is designed specifically for home flippers. The goal of hard money is to get out of it as quickly as possible. 

    Hard money beginning a great tool simply depends on the property you are flipping and the lender you use. Best advice is to have a lender and an agent working together to help you achieve your goals. 

    I have lenders that I work with as I specialize in selling investment properties in Austin. Send me a message if you would like to connect with people I have used on hard money deals in the past.

    Post: ***Off Market: Lake Travis Lake House Airbnb / VBRO opportunity

    Aubrey DurhamPosted
    • Real Estate Agent
    • Austin, TX
    • Posts 29
    • Votes 8

    Off Market Deep waterfront property on almost 3 acres at the end of a cul-de-sac in the prestigious, gated neighborhood of Northlake Hills. This home is in great shape and features 5-bedroom, 2.5-bathroom home spans 3,249 sq ft (per appraiser). It features recent stair upgrades and a high-power HydroHoist 8800UL2T boat lift that can accommodate up to 8,800 lbs as well as your very own private, paved road makes it easy to drive down to the waterfront area. We have a recent as is appraisal for $1,760,000. Only about 30-40 minutes from downtown Austin.

    PERFECT Airbnb/VBRO play or just a luxurious vacation home. Message or comment if you have questions or would like more information. Again, it's an off-market listing so only so much I can share in this post.

    Best advice would be working with a wholesaler if you want off market properties. 

    Post: HELOC next move? Better options?

    Aubrey DurhamPosted
    • Real Estate Agent
    • Austin, TX
    • Posts 29
    • Votes 8

    If you're open to a quick flip, do it. Quick cash on a flip is going to 1. give you more cash to play with vs HELOC interest rates 2. give you an opportunity to 1031 exchange into your next investment.

    Hi Scott! YAY!!! 1031 exchanges are easily the most powerful tool we have in real estate. Much easier to cash flow in north Austin. My family has been using 1031 exchanges my whole life and built a multi-million dollar portfolio doing so. I have a few options I could show you. Feel free to shoot me a message and we can connect.

    Post: Anyone in Austin, TX?

    Aubrey DurhamPosted
    • Real Estate Agent
    • Austin, TX
    • Posts 29
    • Votes 8

    Hi Celso,

    The BRRRR Strategy is all about picking the right location and lender. If you are looking in Austin around 200-250K you will likely have a massive rehab budget which typically makes cash flowing a BRRRR rare. I have a lot of investors who BRRRR and they typically stay in the outskirts of Austin - there are certain pockets that have great BRRRR #'s like Kyle & Manor.

    I am a licensed real estate agent in Austin. Reach out if you would like to see some examples. I also have a lender that specializes in financing BRRRRs and I can get you in touch with him.