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All Forum Posts by: Jesse Kim

Jesse Kim has started 0 posts and replied 24 times.

Post: Austin, TX Wholesaling Lists

Jesse KimPosted
  • Austin, TX
  • Posts 28
  • Votes 17

I believe I can help you out @Stefan Stankovic.

Post: Searching for Investment Real Estate Agent in Austin TX

Jesse KimPosted
  • Austin, TX
  • Posts 28
  • Votes 17

Welcome to BiggerPockets @Rich Kleinhans! I believe I can help you out with that.

Welcome to BiggerPockets @Au Jia! I currently live in Austin, TX and have a decent grasp on the market trends and rental market here. Don’t hesitate to contact me directly for detailed responses to any inquiry!

Post: Hello Bigger Pockets!

Jesse KimPosted
  • Austin, TX
  • Posts 28
  • Votes 17

Welcome to BiggerPockets @Tanner Simpson!

Post: Need referrals for investment property agent

Jesse KimPosted
  • Austin, TX
  • Posts 28
  • Votes 17

Hey there @Sue Swami! I believe I know a few investor friendly realtors who can help you out with your search.

Post: Duplex Investment Opportunity

Jesse KimPosted
  • Austin, TX
  • Posts 28
  • Votes 17

Welcome to BiggerPockets @Laurel DeSilvey!

Hey there @Jared Karns

What kind of investment properties are you looking for specifically?

Post: Needing help with first investment property

Jesse KimPosted
  • Austin, TX
  • Posts 28
  • Votes 17

Welcome to BiggerPockets @Dave Mukherjee! I'd be happy to help you out.

Post: Is single family investing worth it in Austin?

Jesse KimPosted
  • Austin, TX
  • Posts 28
  • Votes 17

@Miguel B. I work with plenty of investors who are still seeing decent returns in Austin. Sure the profit margin on your average fix & flip is a bit tighter but real estate investing is about adapting to change. The market in Austin is no longer producimg 30% ROI on flips or 1% returns on rentals unfortunately. It's a truth that many investors refuse to accept. But the savviest of investors will continue to find ways to minimize their costs (rehab, holding, realtor fees, etc.) in order to maximize their profits.

The buy and hold strategy in Austin is a good one as long as you can afford to do so long term. There are plenty of areas where properties will appreciate in value. Obviously conduct as much research and due-diligence prior to contracting and make sure the property cash flows at the very least.