All Forum Posts by: Dan Burstain

Austin is hot but there are suburbs where positive cash flow is still nice and projected appreciation makes these very attractive.  I have a lot of BP clients that I find properties for here in Austin and all of them are making decent positive cash flow and seeing 5 to 10% appreciation with no end in sight as Apple expands from 5000 to 10000 employees.  Samsung investing billions here in their huge facility.  Dell, Google, Visa, you name it they are either already here or coming.  150 people a day are moving to Austin and 30,000 new jobs projected each year for the next 3 years at least.  Did I forget to mention the Dell/UT Medical Research Center they are building and projecting to be as big as the tech sector job growth.  If they are even half right it will be a boom for people who invest now in Austin.  I am sure San Antonio, Dallas, and Houston all have their stories but I believe in the long term sustainability of Austin via its non-oil-based job growth.

Welcome to BP Aaron.  I am happy to assist you in the Austin and surrounding area.  I have a lot of BP clients.

Welcome Colin.  There are a lot of great mentors on this site.  So the site can provide you just about everything you will need to know but there are also great meetups in Austin from real estate investing to landlord topics to financing and so on.  As a Realtor here in Austin and have lived here for a decade I am happy to share any insights into the market, neighborhoods, future growth, you name it.  So welcome to BP and let me know if there is anything I can help with. 

Welcome Patrick.  BP is a fantastic place to learn and meet.  Austin is booming and still has some great opportunities for cash flow with the great appreciation.  If there is anything I can help with feel free to message me anytime.

Hi Randy,

Where in Austin is this property (neighborhood name or zip code is enough)?  I just want to make sure you won't have a vacancy problem and what the appreciation for that area looks like.  But it looks pretty good.  Not the 1% many people are looking for but if you can get it in a decent area with some upside appreciation it is well worth it.

Welcome to BP Ronnie!

Hi James,

Welcome to BP!  I like the Big Daddy meet up as well as there is a group that meets in South Austin as well.  There is also a new Austin Landlord meetup that is set for its initial meeting May 6th.  PM or call me anytime for more information or to discuss investment opportunities.

Hi Jason,

Welcome to BP and also I too am a big believer in the 4 hour work week concepts. Happiness is important in life and we all need to do better jobs at creating more ROT (return on time) as well as ROI. I am happy to buy you a coffee sometime or have a phone conversation to answer any questions you might have about the Central Texas market. There are lots of opportunities and I can email you some great investment properties when you are ready. Happy to help you start building your real estate portfolio so you can create a comfortable financial future and spend more time with your family.

Hey Andrew,

Welcome to BP.  That is quite a big splash you made.  Congrats!  Please let me know if there is anything I can do for you.  I give a 1% discount to BP members on sales and if you purchase a few properties I can do the same on the buy side.  

There are 150 people moving to Austin every day now and the Austin area will surpass 2 million people by July of this year.  We do not have the infrastructure to handle much more growth, especially since we are sitting on a bed of limestone with a river running through the city which does not make underground transportation viable.  That is why you see mini-cities popping up that will be completely self sustaining around the Austin area.  Cities like Round Rock, Leander, Cedar Park, Pflugerville, and San Marcos, with Hutto, Kyle and Liberty Hill to follow.  Keep Austin Weird or Small is sadly a thing of the past.  Although it may just move down the road to Georgetown.  That is my take and I am also happy to help anyone invest in existing and up and coming cities here.  I focus on income properties and I believe the future is very bright for some specific central Texas markets.