All Forum Posts by: Cory Mortensen

@Wing L. do you still have that thesis saved? Would really like to take a look at it.

@Cindy Lin That's right, however, when their directors or officers are one of the parties that I described above how do you go about finding their contact if its shielded like that.

Hello,

I am trying to find the owner of a commercial property but it is inside a corporation that is inside a corporation service company. This is also similar to the details being handled by a law office. Do you guys know any ways to get through or around this? The number that I get when I reach this dead end usually goes to the law office or corporate service company that handles the LLC that owns the property (I know that was complicated) and they will take a message for the owner but I know I'm better off throwing my phone in the shredder at that point. Any help?

@Beth Phariss Bell Blvd is undergoing early stages of a large mix use development. I just talked to a lady at the city the other day and she loves that area and is excited about the development. There is so much happening around Cedar Park, Jollyville, and just N/NW Austin that growth is happening. I work in commercial and have my eyes fixed on that area right now. Investors vs home buyers look for different things but if you meet in the middle, Cedar Park, Wells Branch, and Pflugerville offer big houses for much cheaper (a 4/3 2700sf at 320k vs a 2/1 condo 1200sf in central). These areas (to me) are being primed with development and should attract more attention in the coming years. You'll most likely see land values chase that attention in the future but to me the getting is good to buy rentals up there even if you just buy off MLS and do conventional in decent areas, CF and Appreciation can be achieved relatively easily if you have even half-way decent resouces.

@Joe Crupi I'm personally not there yet, however the commercial side of things in that area are going to be more for your institutional and experienced buyers that all they do is real estate. Deals are slim for the RE entrepreneur unless you source and create your own value in a deal with an owner. I could be off on that but that's just what I'm hearing concerning that area but that really goes for all of Austin so I wouldn't be counting anything out before you try.

@Joe Crupi RR is a decent area, however you will see more appreciation already have taken place in that market. Cedar Park, Wells Branch, Pflugerville give you a lot of house for half the price often than in adjacent neighborhoods.

I work at a large commercial brokerage that specializes in retail and I'd love to do a deal with another BP member. I am also wanting to connect with other real estate investors in the area to see what they may need in the future so I can start to develop some great relationships. Any commercial questions go ahead and ask me! I'd love to help anyone out. Thanks!

I'm currently trying to do an owner-occupy house hack in the areas of Pflugerville to Cedar Park because of the amount of development happening in that area right now.

I am looking to buy a house to house hack in the Cedar Park/Anderson Mills area of Austin. My budget is tight but the amount of house I would be able to qualify for with an FHA co-singed house is flexible (max 390ish). I was wondering what the pros and cons of that area were for something like this and what I should be looking for or looking out for when it comes to looking at areas and homes in this area.

Thank you! - CM

@Jim Piety Thank you! I really like the Cedar Park area as well. What do you see for rents in that area?