All Forum Posts by: David Gray

@Vee L. Thank you. I will check it out

@Aaron Gordy Interesting to note. South Fl has been a rocky climate. The natural disasters don’t help. We do see Austin as being a much more stable environment. Thanks Aaron

@Kris Wong Ideally cash flow positive rental properties. Although as you mentioned those investors looking at the back end potential have this market in there sites. It’s still appealing in many ways. AlthoIgh using tax write offs is not our ideal strategy in building our portfolio. Thank you Kris for your input!

My family and I recently moved to Austin TX from Hollywood Fl.  We just closed on our home in Florida that is considered a high risk flood area. This proved to be true over the last couple of years. As we were affected by hurricanes and extreme king tides. It goes without saying that we are relieved to have gotten out with our heads above water!

It’s clear to us that real estate prices in Austin have been on the rise for some time. As tech and energy jobs have fueled the housing market. We remain optimistic that this trend has yet to peak. We would be potentially seeking opportunity to capitalize in long term rental properties. 

I’m aware that opportunities exist in most any market. But at first glance Austin appears to be approaching it’s peak for investors. Is there still room to grow or are we “Late for the party”

Looking forward to your input.

Best David Gray