All Forum Posts by: Diya Rs

Hi @Reddy Rangareddy, We are considering buying something in the Charlotte area this year. Did you buy this property in Sherrills Ford? 

@Jenny Yu, Were you able to decide between Sherrills Ford and Mooresville? Did you buy anything yet? 

We are not familiar with the Charlotte area but these 2 areas come highly recommended. What is driving up the demand there?

Hello, 

My husband and I are relatively new to the real estate space. We own a couple of SFH in TX that cash flow a little bit. Some were new constructions and 1 was in great shape and didn't need any rehab. So, we're brand new to BRRRR. We have a basic idea from watching podcasts but have 0 experience. How does one get started? I know there is tons of info on BP but, is there a guide that one could follow or gotchas/caveats/things to watch out for? Is mentorship available for something like this? May be like partnering with an experienced BRRRR investor who is willing to coach. I don't even know if this is a thing. I'm just thinking out loud. Any help or direction here will be greatly appreciated.
Given the current market and mortgage rates, it is so hard to cash flow in the markets we're looking at - San Antonio Area, Charlotte Area, Huntsville, and Atlanta Area. We're open to other areas as well. 

We have been on their waitlist for some time and it looks like we've finally bubbled up to the top and started getting some potential investment opportunities with midsouth. However, with the recent fed rate hikes and mortgage rates, we are wondering if now is a good time to invest in real estate. We still seem to make some cash flow though. 

What does everybody think? Also, experienced midsouth investors, do you see property appreciation on Zillow/redfin to match their rehab work?

Hi,

We are considering purchasing a townhome in Crystal Falls community, Leander. Currently looking at Prominence and Century Communities. While Prominence units have a single car garage and back up to the high end Crystal Falls neighborhood, Century community in Crystal Springs seems to have better rated schools and 2 car garage.  

Our goal is to rent this place and hopefully cash flow. Also looking for appreciation. Would love to get your feedback on both. 

Townhomes at Prominence : https://www.prominencehomes.co...

Century Communities : https://www.centurycommunities...

Thanks!

@Jordan Moorhead We're out of state investors and prefer turnkey to very low rehab. House hacking is not an option for us currently but we're open to SFH and multifamily as long as it falls within our budget.

@Danny Webber Thank you! We're open to Pflugerville and RR. Can you mention any pockets in Pflugerville that we could consider?

@Allison Stewart We are out of state investors and since we're not physically present in Austin, we don't want to take the route of house hacking or rehabbing. Duplex below 300k did not seem possible, is it?

Thanks for your insights, @Neil Narayan!

Hi, I’m looking to buy a rental property in Austin and neighboring areas for less than 300K.

Although cash flow is good, I’m keen on getting something in a good location that appreciates long term and can weather a downturn, even if it takes a hit on cash flow.

Good areas in South Austin like Circle C Ranch and Riverside are already pricey.

Looks like North Austin, Cedar Park, Round Rock and Leander have good options.

Appreciate your inputs on the questions below -

1. 1) How does the rental market in Leander and Round Rock compare to Austin ?
2. 2) For appreciation, is it better to buy a new construction in Leander (Prominence, Ashton Woods, etc.) that is priced lower than existing homes in Round Rock/Austin ?
3. 3) Just heard about the Leander Springs project starting next year in Leander. Will it help push property prices up ?
4. 4) Between Leander and Round Rock, what’s better for rentals ?
5. 5) Though Leander ISD has top rated schools, there are very few zip codes in Leander and Round Rock assigned to these schools. Should I limit the search to these zip codes ?
6. 6) Also looking at Austin zip code 78754, that’s close to Samsung and Dell. Schools are not great here. How does it look for rentals ?