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All Forum Posts by: Belle Tseng

Belle Tseng has started 1 posts and replied 17 times.

Hi Mike,

Thank you for the news. This is so unbelievable!!  Austin foreclosures up 60% y/y. 

Can you please share the article with us? 

I guess my search in Austin can wait a bit. 

Best regards,

-Belle

Post: Amazon Narrows HQ2 List To 20 Cities

Belle TsengPosted
  • Cupertino, CA
  • Posts 18
  • Votes 4

Given that Amazon received proposals from 238 cities, I think this news mainly gives some closure/disappointment to those other cities.  

I’m really excited to see this short list includes Austin, which was my next investment target anyway. 

Best regards,

Belle 

Post: Cupertino, CA Meet Up

Belle TsengPosted
  • Cupertino, CA
  • Posts 18
  • Votes 4

Hi Robert,

Definitely count me in. I've been waiting for a Meetup in my neck of the neighborhood - Cupertino - birthplace of the iPhone.  Thank you for setting it up, and I'm really looking forward to seeing you again too. 

Belle 

Post: New Wholesaler in San Francisco Bay Area

Belle TsengPosted
  • Cupertino, CA
  • Posts 18
  • Votes 4

Hi Sasha, 

Welcome to BP wealth of information and colleagues. 

I'm always excited to meet a wholesaler in the SF Bay Area. Please add me to your buyers list, as I'm interested in investments in the South Bay, specifically Cupertino, Palo Alto, Saratoga, and surrounding good school areas. 

Look forward to hearing about your success stories here. 

Post: Rising Above the Competition in the Austin, TX Market

Belle TsengPosted
  • Cupertino, CA
  • Posts 18
  • Votes 4

Does anyone know what are the sectors that are moving these 150 people to move in daily?

Medical?  Education?  Technology?  Then where do you see the companies emerging and building?

My bet was Technology, and we already see Apple and Google campuses expanding.  So I invested in Cedar Park. 

Post: My First Investment in Cedar Park, TX (near Austin)

Belle TsengPosted
  • Cupertino, CA
  • Posts 18
  • Votes 4

To @Marian Smith ,@Rica Greenwood , and @Bob H. : Thank you very much for answering my $2K Question: "if you had $2K, what would you do to make your property more attractive?"

I'm finalizing my Remodeling TODO List, and thanks to all your advice, have parsed it down to:

1)  Cleaning

2)  Painting (Interior)

3)  Flooring (remove all signs of carpet)

4)  Baths (just replace countertop and faucets - nice and shiny :)  Repair the rest.

5)  Lightings (update to make the rooms brighter) OR maybe just high-wattage light bulbs

Looks like my trip to Austin will be very focused and productive now.  Thank you again!

Thanks @Dan Burstain .  I'm also placing my appreciation bet on Cedar Park.

In 2013 and 2014, Cedar Park was the 4th fastest growing city in the country,

and the city have approved a new Comprehensive Plan for how Cedar Park will look and feel in the next 20 years.  A nice video is available here:

http://www.cedarparktexas.gov/index.aspx?page=32&r...

Post: Reliable &Reasonable Handyman for Austin/Cedar Park

Belle TsengPosted
  • Cupertino, CA
  • Posts 18
  • Votes 4

Hi @Denice Nagel ,  I just joined BP a few months ago and dived into my first investment property in Cedar Park myself.  So I'm just catching up on all the Cedar Park mentions, including yours from last year.

 I'm also from the Silicon Valley area investing out-of-state.  Thus I have the same needs about handyman recommendations.  Did you find any that you can recommend?  Are you using a property manager?  How is your experience so far?  I'm closing on the property at the end of Feb, and very anxious.

Best regards,

Belle

Post: My First Investment in Cedar Park, TX (near Austin)

Belle TsengPosted
  • Cupertino, CA
  • Posts 18
  • Votes 4

Thank you @Bob H. for the advice on appliances.  I am seeing more Cedar Park rentals coming on the market these days and with more days on the market too.  So to make my property more attractive, you have a great point about including appliances for new comers to the area.  I'm still on the fence on this one since it will add $2K and more maintenance.  If I do buy the appliances,  @Jim Robertson  made a great point earlier about buying open box, scratch and dent items.  

General Question:  if you had $2K, what would you do to make your property more attractive? 

Post: My First Investment in Cedar Park, TX (near Austin)

Belle TsengPosted
  • Cupertino, CA
  • Posts 18
  • Votes 4

Thanks @Rica Greenwood , as you bring up a great point about conforming to the neighborhood.  Today, I just checked the rental comps, and found there are about 10 other rentals around my Cedar Park property listed.  I know the winter season is probably why the inventory is high.  And some PMs (that I interviewed) said that it will take more than a month to rent out right now.

So I'm trying to think... a little higher end remodel and more unique.  So that I can get it rented out faster.  

Thoughts?  

Belle