All Forum Posts by: Austin Fowler
Austin Fowler has started 53 posts and replied 225 times.
Post: Am I wasting time looking for a “perfect” market?
- Investor
- Reseda, CA
- Posts 258
- Votes 137
Quote from @Jackie Mcmorrow:
Hi BP! My name is Jackie and I’m looking for some guidance as I begin my real estate journey. I’ve read a few books/ listened to some podcasts on real estate investing and am ready to start analyzing deals but am stuck on which market to narrow in on. I can feel myself getting into analysis paralysis (in terms of market selection) and the last thing I want is to quit before I really even try.
Appreciate if anyone has thoughts on markets that generally fit the criteria below and I’ll take it from there! I’ve also included a short list of cities that seemingly fit what I’m looking for but am open to thoughts here as well. Worth mentioning, I live in NY and am leaning towards investing out of state, for lower property taxes and more landlord friendly laws.
What I’m looking for
- Buy and hold property
- Long term tenants (ideally vacant at purchase)
- Single family home
- Class B to A (likely B for more cash flow opportunity) neighborhood
- Opportunity to add value so am more than open to rehab
- Cash flow as primary focus
- An area with comparatively low risk of natural disaster
- Of course somewhere with growing population and jobs and less than average crime. Added bonus if a large corporation/ industry is investing in the area and or a city with confirmed infrastructure improvement plans
Cities I’ve found that seem to fit the mentioned criteria but appreciate thoughts/ guidance/ direction:
- Cincinnati, oh
- Columbus,oh (but seems like too hot a market?)
- Dallas/ Fort Worth, tx
- Charlotte, nc
- Toledo, oh
- San Antonio, tx
- Minneapolis, mn
Hi Jackie,
My focus is on out-of-state investing. I'm in CA and currently hold assets in AL, AR, CA, FL, GA, IL, IN, MA, MO, MS, OH, OK, PA, TN, TX, WA. Happy to share my experience. Message me if you would like to chat. Same goes for anyone else interested in building a robust out-of-state portfolio. I have 32 single-family long-term rentals, a stake in over 2200 units of multifamily, and currently have 7 flips on the go.
Best,
Austin.
Post: What bank should I use for a checking account for a Real Estate LLC?
- Investor
- Reseda, CA
- Posts 258
- Votes 137
Quote from @Ari Dandridge:
Hello Bigger Pockets community! I have a question for anyone who's willing to answer. I'm concerned about which bank I should use for this business LLC. I'm currently leaning toward Chase Bank with US Bank as a close second. Unfortunately I've heard that US Bank gets tricky when moving large amounts of money so I'm wary of working with them. I'm also crossing Fifth Third off the list of banks I want to use because I don't believe they are user friendly.
If anyone has recommendations or advice it would be much appreciated.
There also non-FDIC options that pay interest rates as high as 8% that you can access if you are an accredited investor. Again very suitable for large amounts of money as these options are asset-backed rather than government-backed.
Message me if you would like to learn more about either of the above.
Post: Seeking investors in Augusta, GA
- Investor
- Reseda, CA
- Posts 258
- Votes 137
Quote from @Abhishek Ghuwalewala:
I'm a rookie looking to buy my first deal out of state. I found the Augusta-Richmond-Columbia county area attractive based on my market analysis. My strategy is to BRRRR but am also open to an attractive fix and flip. I'm looking to learn from investors who've been successful with this strategy in the area. Would love to connect and hear any advice you are able to share to help a rookie out.
Thanks so much in advance!
Post: Raising Down Payment Money
- Investor
- Reseda, CA
- Posts 258
- Votes 137
Quote from @Kyle Deboer:
I am 18 years old with very little credit history and little capital. I am eager to start but can't get around the glaring issue of not having initial capital so I was wondering if there are any methods you guys would use to raise capital if you were in my shoes or is it just time to put my head down and put in long hours?
Post: STR in Rockport, Texas
- Investor
- Reseda, CA
- Posts 258
- Votes 137
What are you looking for?
Post: Paying for mentorship
- Investor
- Reseda, CA
- Posts 258
- Votes 137
Quote from @Jaycee Greene:
Quote from @Nate Garvey:
I am getting started in real estate investing, with plans to buy my first rental by the end of this year or early next. Is paid mentorship worth the price? How do you vet the person to make sure they are who they say they are? I subscribe to someone's newsletter I connected with on Linked In. He offers $50/month coaching with direct access to him, and other benefits. The price seems reasonable, but I'm not sure how to vet his credentials. What is a reasonable amount to pay for a legit coach?
@Nate Garvey A legit coach is going to charge you a few thousand dollars a month. $50/month probably just gets you access to his newsletter.
Hi Nate, is greeneconsultingstl.com supposed to be a working site? Wanted to learn more about what you do...
Post: Curious — How Are You Currently Evaluating Flip Deals?
- Investor
- Reseda, CA
- Posts 258
- Votes 137
Quote from @Oluwaseyi Odusami:
Hey Folks — I’ve been digging into how we as investors analyze deals beyond spreadsheets and wanted to ask:
What tools or workflows are you currently using to get:
✅ ARV comps
✅ Rehab estimates (Automated..)
✅ ROI and profit clarity
I’m building something new in this space, but I’m trying to better understand real-world needs from active flippers. Would love to hear what’s working for you — or what’s still frustrating.
What works best for me is partnering with general contractors. I provide the capital, and they both find and work the property and we split the upside. It's very hands-off from my end, happy to discuss more one-on-one.
Post: Sharing how I raised over $10M in 12 months
- Investor
- Reseda, CA
- Posts 258
- Votes 137
Dear all,
I currently manage a $27M personal portfolio substantially built with raised capital. I manage over $15M of client capital, over $10M of which was raised during the last 12 months. I'd like to share the exact method I use to raise capital and grow my portfolio. If this is of interest to you, please join one of the following regular weekly sessions:
8:30am PST Fridays: meet.google.com/doi-nkav-xmp
5:00pm PST Fridays: meet.google.com/fqk-nvqs-frf
These sessions run every week and will take you from whatever level you are at, complete beginners and seasoned capital raising professionals are equally welcome, all the way up to running your own investment bank. Curious? Then I'll see you Fridays.
Best,
Austin.
Post: Sharing capital raising knowledge and infrastructure
- Investor
- Reseda, CA
- Posts 258
- Votes 137
Dear all,
Over the last 12 months, I've raised over $10M and acquired a wide range of assets, and that's experience I would love to have the opportunity to share freely. If you are prepared to be online with me for 30 minutes once a week (either 8:30am or 5pm Fridays PST), I can show you how to get started raising capital to expand your own portfolio. If this is knowledge you would like to acquire, please join one of the following two sessions:
8:30am PST Fridays: meet.google.com/doi-nkav-xmp
5:00pm PST Fridays: meet.google.com/fqk-nvqs-frf
Best,
Austin.
Post: Looking for people looking to raise capital for their investing
- Investor
- Reseda, CA
- Posts 258
- Votes 137
Dear all,
I've raised $10M for a variety of investments of the last 12 months. I'm looking for people looking for capital to partner with and share capital raising strategies.
Best,
Austin.