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All Forum Posts by: Grayson Muehlstein

Grayson Muehlstein has started 3 posts and replied 3 times.

I’m thinking to start my Real Estate investing journey in Austin Texas through a house hack. I wanted to get on here and see some reactions and thoughts around the Real Estate Market in Austin in regards to if this would be feasible in the price range of $200-300k for a 3 bedroom home. If not, what are some strategies to enter into the Austin market through a house hack and what areas of Austin would be best to look at in this price range that aren’t too far away from the city itself. Also I need the house to be move in ready without having to complete any major projects/renovations. Let me know what you guys think, thanks!

I just wanted to get on here and bounce some ideas off of those who have any experience with the rent-by-room House Hacking method. What are some successes or failures you have had using this strategy? How can I feel more comfortable about getting into a House Hack and actually being able to find people who would even consider living with other strangers in a single family home? The concept sounds great but the execution is what concerns me. I could see this being an easy choice for someone who had identified a few friends or people they know already who they would plan to live with. I will be going to a new city and will not have this luxury so wanted to see what others had to say to ease my uncertainty or to validate why I am uncertain. 

Why do banks not want to lend for distressed properties?