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All Forum Posts by: Austin Jones

Austin Jones has started 0 posts and replied 30 times.

Post: House appraised for more than expected- should I change my strategy?

Austin Jones
Posted
  • Realtor
  • Richmond VA
  • Posts 31
  • Votes 10

Hey, Ms. Katie, my advice would be to do a cash-out refinance and take out the maximum amount you can for the property to still be able to cash flow. That's the only thing that would change for me if I found out this information about a rental unless you want to change strategies altogether and flip it. 

Post: new member for Richmond VA

Austin Jones
Posted
  • Realtor
  • Richmond VA
  • Posts 31
  • Votes 10

Hey Jiovani, I'm a realtor and investor in the Richmond area feel free to reach out if you ever have any questions or need anything!

Post: Looking for an investor friendly agent and current investors in Richmond market!

Austin Jones
Posted
  • Realtor
  • Richmond VA
  • Posts 31
  • Votes 10

Hey Mr. Daniel I work with tons of investors around the Richmond area. Feel free to reach out if you need anything!

Post: Fix N Flip to Fund Business

Austin Jones
Posted
  • Realtor
  • Richmond VA
  • Posts 31
  • Votes 10

Richmond has experienced steady growth, drawing people in with job opportunities. Its lower cost of living has generated strong housing demand due to its proximity to northern Virginia/DC. The city has diverse neighborhoods, ranging from historic homes to more affordable areas, catering to various investment strategies. Many investors have achieved excellent returns here, making Richmond a great place to build capital for future investments. If you ever need anything, feel free to reach out!

Post: New out of state investor. help me pick a market Richmond, VA or Indianapolis

Austin Jones
Posted
  • Realtor
  • Richmond VA
  • Posts 31
  • Votes 10

Richmond, VA is a great choice for real estate investors due to its diverse economy, affordable property prices, and rental demand from universities and young professionals. Also, our proximity to D.C. is causing double-digit appreciation, and still a very competitive market.

Feel Free to reach out if you ever need anything!

Post: Rent or sell my home? Help me decide

Austin Jones
Posted
  • Realtor
  • Richmond VA
  • Posts 31
  • Votes 10

I would be worried that the HOA fees would increase more and you would have to come out of pocket even more every month for the mortgage. If you are comfortable with that then you can always hold it for the long term.

What area are you located in? I don't know of anywhere in Richmond where homes are moving very slowly with frequent price cuts except the Hopewell or Petersburg area. 

Feel free to reach out if you ever need help with anything!

Post: Room for Lease contract in Virginia

Austin Jones
Posted
  • Realtor
  • Richmond VA
  • Posts 31
  • Votes 10

https://legaltemplates.net/form/lt/lease-rental-agreement/?u...

Here's a link to a template you can use. Feel free to reach out if you need anything!

Post: House hacking with mid-term rentals?

Austin Jones
Posted
  • Realtor
  • Richmond VA
  • Posts 31
  • Votes 10

I would recommend only using a short or mid-term rental house hack for a 2-4 unit property or a house with a detached ADU for your security and the comfort of the guests, which will make it more profitable. Feel free to reach out if you need help with anything!

Post: Rookie investor seeking to learn the ropes

Austin Jones
Posted
  • Realtor
  • Richmond VA
  • Posts 31
  • Votes 10

Hi Mr. Crawford, I work with many investors in The Richmond Area. I'd be happy to assist you. Feel free to reach out if you have any questions or ever need anything!

Post: Looking for knowledge

Austin Jones
Posted
  • Realtor
  • Richmond VA
  • Posts 31
  • Votes 10

Hi Mr. Smith, I work with many investors in The Richmond Area. I'd be happy to assist you. Feel free to reach out if you have any questions or ever need anything!