All Forum Posts by: Daniel Kaminske

Hi Keith,

I am an investor/realtor in the Austin Area. Whenever I need guidance in San Marcos I reach out to Susan Sides at 512-787-8523. 

Hi Kelly,

I work mainly in the Austin area as far south at Kyle, but Susan Sides know the San Marcos market well.

I'd give her a call.

Susan Sides Realtor
512-787-8523
[email protected]
www.susansides.com

Best!

Dan

Scott Sutherland of RealtyStake has gotten me exceptional cash flow properties in the Austin Area and he only requires $99/mo. for property management. There are still great opportunities north in Pflugerville/Round Rock or south in Buda/Kyle! 

Jon, I'd give Scott a call. He has been more than helpful with me!

Best,
Dan

Hi Kelly,

I'm an investor who got started with buy and hold properties in Austin in 2011. Last year I had moved to San Marcos to begin my MBA so I've gotten familiar with the market there and just like the other surrounding communities near Austin San Marcos is still a good area to invest in SFH's. There are many duplexes and condos as well. I remember a pod cast a while back with a guest who exclusively used buy and hold condo's as his business model. While I haven't bought any yet I have looked into them in San Marcos. The tenants can be of higher quality, and there are many that are right next to campus. The condo fees usually hurt your net cash flow, but if you buy at the right price they can work well. As you said, roommates are the key to saving cost on rent!

Hi Jim,

I actually have a duplex at Metric and Braker as well! I know the area well as I own/manage a few houses and duplexes within 10min of there also. You can still find some that sell for about 180K and rent for about $2,100 total once they are fixed up if you look for them.

I have another duplex right off Runburg east of I35.

Hi Jim,

I'm doing the SM commute right now working on my MBA. I have a couple of duplexes in Austin that are doing well also.

Thanks for reminding me to catch up on the latest podcasts!

Best,

Dan

Hi, I'm an investor/relator living in San Marcos. I prefer buy and hold. I would suggest a duplex. There are many good ones in the area. Living in my first duplex and fixing it up on my own time is how I got started investing. I'd be happy to meet up for coffee! Dan

Hi Tim,

I'm an investor currently living in San Marcos. I started out living in my first duplex also. It can be a great arrangement. I'd be happy to meet up to discuss this one with you. send me an email.

Cheers,
Dan

[email protected]

Tony, Joel is absolutely correct, however, I was a bit conservative in my transition. I wasn't ready to buy investments so I did pay off all debt including low interest loans. This was my way of preventing myself from spending money I didn't need to and to keep from getting used to spending everything I made so it worked for me. Here is what I did. I spent five years after college paying off all debt. I then spent two years saving up $30k of capital, and finally jumped in with three investment properties in 2011 and 2012 when the market was depressed and interest rates were low. Since interest rates are low it could be a good time for you to get started with one property.

Hi Chris,

I have been in Austin almost 3 years and have had the pleasure of working with Scott Sutherland. His company is Realty Stake. He is very knowledgeable of multifamily properties in Austin and he has been a big help with not only the purchasing of my properties, but also fixing them up and maximizing the rental rates.

Best of luck!

Dan

[email removed]