All Forum Posts by: Linda Hastings

Comal Hays REIA meets this Saturday! Look for our group inside the new San Marcos Public Library building . This month, we'll gather in the large meeting room (to the left of the lobby entrance).

The Build-To-Rent trend is heating up across the United States. Whole Single Family Residential neighborhoods dedicated to upscale families who prefer to rent rather than own is the latest development model appearing in suburban Katy, Pflugerville, Denton and beyond.

Subdivision development is a lofty goal for the average landlord. However, developing small residential Multi-Family (2-4 Units) properties is within reach of those willing to locate existing or new lots zoned for duplex, triplex and fourplex development.

There's been a small uptick in the number of 2-4 unit building permits issued in the Austin MSA the last couple of years. Could this trend work for the average landlord / developer / investor aiming to grow a portfolio for the future?

Affordable housing is the current game cities and municipalities care about most. New zoning and re-zoning favor higher density and the landlords who charge reasonable rent for today's workforce. Neighborhoods are prime for this change. Not so long ago (1984 to be exact), 2-4 unit new build permits peaked in the Austin metro (3,429 issued). Could this past trend be set for a revival?

Come join us this Saturday to discuss the "overlooked" 2-4 unit residence. The City of Austin is betting big on its Land Development Code Revision, currently in the appeals court, favoring the redevelopment of thousands of Single Family zoned lots, already approved for this change.

Whether you're a seasoned pro, looking to do your first deal, or a total newbie to the real estate investment game, we hope to see you this Saturday at our October meeting!

Special thanks to meetup co-organizers: @Mike Walker and @Chris Koble

Keyword alerts: New Braunfels, San Marcos, Kyle, Buda, Wimberley, Canyon Lake, Seguin, Dripping Springs

Comal Hays REIA welcomes everyone back to our former meeting venue, The San Marcos Public Library. After a two year wait, the new library expansion is complete and the meeting rooms are now available for our group's use.

This month, our co-organizer Mike Walker will present the Room For Rent leasing model. Mike has operated a Guest House in South Austin, renting rooms since 2015.

Some of the topics he'll cover in our presentation include:
- Househacking and RBTR (Rent By The Room) differences when a property is Owner Occupied vs Non-Owner Occupied (NOO)
- RBTR House Operations, Furnishings & Floorplans
- Lead Generation: Finding Roommates / Housemates & Compatibility Issues
- Screening: Choosing Tenants or Guests for smooth Operation
- To Sign a Lease (Or Not to Sign a Lease)
- Property & Asset Management
- The Numbers, Rent Comps & Operating Expenses
- Issues that Co-Shared Housing Face
- Why Leasing by the Room works better in Expensive Rental Markets compared to the Traditional SFR Lease Model

The presentation meeting format remains the same, as in past years. We'll start the meeting at 10:15 AM with brief self-introductions to the group. The presentation is accompanied with slides, followed by Q&A and time to network at the close of the meeting.

Be sure to bring your business cards. Our meetings do not permit solicitation, sales nor deal pitches to the group. Since our founding, the Comal Hays REIA meeting's focus is education & networking. Business opportunities often result from networking. We encourage those in attendance to build relationships for business success. The Golden Rule Principle.

Please note that the library does not permit food nor drinks in the meeting rooms. Bottled water is allowed, however.

Ample parking is available. The library opens its doors at 10 AM. After entering the main lobby, pass through the second set of sliding glass doors, turn to the right and pass the circulation desk. The conference room is the last room to the right.

We look forward to seeing everyone this coming Saturday!

Special thanks to meetup co-organizers: @Mike Walker and @Chris Koble

Keyword alerts: New Braunfels, San Marcos, Kyle, Buda, Wimberley, Canyon Lake, Seguin, Dripping Springs

Apologies! The wrong times were listed in the initial post, and I can't figure out how to change them. 

The meetup will be from 10am - 12pm central time.

Comal Hays REIA meets this Saturday! Look for our group inside Panera Bread. Come join us for a cup of coffee, danish and engaging conversation with other investors.

The Build-To-Rent trend is heating up across the United States. Whole Single Family Residential neighborhoods dedicated to upscale families who prefer to rent rather than own is the latest development model appearing in suburban Katy, Pflugerville, Denton and beyond.

Subdivision development is a lofty goal for the average landlord. However, developing small residential Multi-Family (2-4 Units) properties is within reach of those willing to locate existing or new lots zoned for duplex, triplex and fourplex development.

There's been a small uptick in the number of 2-4 unit building permits issued in the Austin MSA the last couple of years. Could this trend work for the average landlord / developer / investor aiming to grow a portfolio for the future?

Affordable housing is the current game cities and municipalities care about most. New zoning and re-zoning favor higher density and the landlords who charge reasonable rent for today's workforce. Neighborhoods are prime for this change. Not so long ago (1984 to be exact), 2-4 unit new build permits peaked in the Austin metro (3,429 issued). Could this past trend be set for a revival?

Come join us this Saturday to discuss the "overlooked" 2-4 unit residence. The City of Austin is betting big on its Land Development Code Revision, currently in the appeals court, favoring the redevelopment of thousands of Single Family zoned lots, already approved for this change.

Whether you're a seasoned pro, looking to do your first deal, or a total newbie to the real estate investment game, we hope to see you this Saturday at our July meeting! We ask those who attend to purchase a food and/or beverage item from Panera, to support their business.

We look forward to resuming our presentation schedule this fall. The new San Marcos Public Library is now open to the public. A number of meeting rooms will be available starting in September. We look forward to meeting at the new facilities with speakers and presentations. Hope to see you there!

Special thanks to meetup co-chairs: @Mike Walker and @Chris Koble

Keyword alerts: New Braunfels, San Marcos, Kyle, Buda, Wimberley, Canyon Lake, Seguin, Dripping Springs

Comal Hays REIA meets this Saturday! Look for our group at Panera Bread outside, under the covered patio. There's usually plenty of room to spread out and enjoy the great summer weather, a cup of coffee and engaging conversation with other investors.

The Austin Business Journal published a recent article on the topic of Covid-19's impact on the economy and the commodity shortages we face today. Price inflation is up, as supply is down and demand for goods (and services) outpaces production. LINK > https://www.bizjournals.com/austin/news/2021/07/26/covid-19-shortage-suply-chain.html

Real Estate & Construction lead the way in supply chain shortages. Ask anyone who has attempted to buy, build or sell improved property. Competition is fierce and prices are at an all time high.

The National Association of Home Builders (NAHB) recently reported that material and labor have added an average 26% to the cost of new construction compared to a year ago. LINK > https://eyeonhousing.org/2021/06/builders-report-26-percent-increase-in-material-prices/

The Austin Board of Realtors (ABoR) reported last month's median house price for the Austin-Round Rock metro at $482,234. In June of 2020, during the height of Covid-19, the median price was $340,000. That's a 42% median price increase! The number of Active Listings only highlights the severity of undersupply. In June 2020 there were 5300 compared to 2265 last month. Did the new Covid Economy slow down production or increase demand, again?

No one knows for sure how long it will take for housing supply to catch up to demand (at a somewhat affordable price). What we do know is inflation is real, hard assets are in demand, and production has been disrupted for the foreseeable future. What does this new Shortage Economy mean for Real Estate Investors? That's the discussion for this month.

Whether you're a seasoned pro, looking to do your first deal, or a total newbie to the real estate investment game, we hope to see you this Saturday at our July meeting! We ask those who attend to purchase a food and/or beverage item from Panera, to support their business.

We look forward to resuming our presentation schedule this fall. The new San Marcos Public Library is now open to the public. A number of meeting rooms will be available starting in September. We look forward to meeting at the new facilities with speakers and presentations. Hope to see you there!

Special thanks to meetup co-chairs: @Mike Walker and @Chris Koble

Keyword alerts: New Braunfels, San Marcos, Kyle, Buda, Wimberley, Canyon Lake, Seguin, Dripping Springs

Hi @Jason Tougas! We meet the last Saturday of the month. Time is always the same (10am-noon), but location has been varying lately. Hopefully the location will be a little more consistent in a month or two. Format is sometimes just a round table discussion and sometimes a presentation. There is a FB group and an email list for updates. I’ll PM you details. 

Comal Hays REIA meets this Saturday! Look for our group at Panera Bread outside, under the covered patio. There's usually plenty of room to spread out and enjoy the great spring weather, a cup of coffee and engaging conversation with other investors.

According to the Gallup Polling Group, real estate is viewed as the number one investment for growing wealth, for the 8th year in a row. Here's the breakdown (1) Real Estate - 41% (2) Stocks / Mutual Funds - 26% (3) Gold - 18% (4) Savings Accounts / CDs - 9% (5) Bonds - 3% > https://news.gallup.com/poll/349607/americans-expect-home-prices-rise-divided-buying.aspx

With Americans now aware of the nation's metros facing a housing shortage, what role does the mom & pop investor play in solving the problem? For some, it's multi-family. Others invest in mobile home parks, house flips, duplexes or ground-up construction. Creative housing solutions are the newest players on the block, including house shares, short-term rentals, RVs and tiny homes. Come join this month's discussion and share your investment thesis and why you believe it will grow with the changing lifestyle & economic trends of the present decade.

Whether you're a seasoned pro, looking to do your first deal, or a total newbie to the real estate investment game, we hope to see you this Saturday at our June meeting! We ask those who attend to purchase a food and/or beverage item from Panera, to support their business.

We look forward to resuming our presentation schedule late summer / early fall. The new San Marcos Public Library is now open to the public. A number of meeting rooms will be available, hopefully by August. Look for the "new venue" post in the Comal Hays REIA Facebook Group, next month. We've been enjoying the new facilities and are working to re-establish the venue for our meetup.

Special thanks to meetup co-chairs: @Mike Walker and @Chris Koble

Keyword alerts: New Braunfels, San Marcos, Kyle, Buda, Wimberley, Canyon Lake, Seguin, Dripping Springs

@Allen Wu I invest in Seguin and echo @Account Closed’s advice to stay away from those duplexes. 

There was a similar thread several months ago that you might find useful: https://www.biggerpockets.com/...

@Katie Greenman The Conan Hays REIA is still meeting the last Saturday of the month at 10am. Location varies a little right now. Don't think there is a meeting this month due to Memorial Day holiday though. @Mike Walker usually posts on meetup.com and there is also a FB group. I try to cross-post on BP as well. 

We meet the last Saturday of the month from 10am to noon. Details are also posted on meetup.com, and there is a FB group. I’m not sure if I’m allowed to post links to either on the forum, but if you want details, you can PM me. 

Usually I cross-post the meeting details on BP, too, but last week was crazy busy, and I didn’t get to it.