All Forum Posts by: Kelby K.

After having one class C complex with only 1 bedroom units I vouched to never do it again just like @Greg H. The turnover and make-ready will eat up a large portion of your revenue.  I am sticking with with 2-3 bedroom units from here on out. Class A one bedrooms in a prime walkable location are a completely different story. 

@Stanley Parsley where is the strand?

@David Shapiro I am realistic with the expectation of returns and would take a small monthly return for a strong location. I'm more concerned with location than return with this acquisition as it's a longer term play. 

Brian G. , We am doing all of the above. We are looking for multi-family and commercial for this transaction. We would consider Austin, San Marcos and Bastrop in that order.

Hey all, I am looking for a property in or near Austin TX between $500-750k. It would need to be an income property and I would ideally like to put $100-150k into it for an ARV north of $680k although. A turn-key would be considered as well. Anyone have any thoughts, areas to look or property available? Thanks!

Welcome @Tyler Wilson! What types of assistance do you specifically offer investors?

@Account Closed, thanks for sharing! That is inspirational. What is your average monthly expense for that targeted marketing? Average weekly time commitment? And how many closed deals per month does that bring?

Kudos! Care to share your secret? :-) Or at least how difficult/rare those opportunities are and what it took to acquire it?! 

That would motivate folks even more.

@ross trampler, a flip in Austin could potentially be a tough start depending on the deal and location, as some areas can be better than others. (Lynn currie's meetups share the hot development areas). However, if you're financially able to hold onto it and place renters then that's a solid plan B for most of the Austin metro. 

@jason carter thanks for the info. 

@Alex G. that was extremely well written and very thoughtful. Thank you for putting in the time and sharing your knowledge with the real estate community. You nailed it. 

Hi @Ross trampler, what type of investing are you looking to get involved with? There's a few meetings each week in different categories (apartment, flipping/new builds, etc.) that I can direct you to.