All Forum Posts by: Li Yin

Hi there! Welcome to San Francisco and BiggerPockets. I am also located in San Francisco but I am primarily looking at out of state deals. I'd love to connect with a construction resource locally. Let me know if you want to grab coffee sometime. I am around the next week and then gone for a month afterwards. :) You'll love SF!

Awesome post!

@Trevor Ewen, I am curious can you share more about how your Richmond investment look. I love the LIC area and used to live there before I moved to San Francisco, am in a similar situation as you investing out of state, except from SF, so would love to trade ideas and discuss. I am currently looking in Austin area. Let me know if you want to connect :)

@Bill Exeter wow thanks for the clarification. I am also located in California. I have some other questions about items related to entity, 1031, and such. Are you open to connect, I'd love to  pick your brain for a quick 15-20 min :)

@Bryan Hancock, curious on why you think Austin is bad for buy and hold now. I understand it has gone up a lot but would appreciate if you could dig deeper into your reasoning. I'm currently looking at that market for investing and I love getting contrarian views. :)

Wow thanks for the information everyone. A lot to digest here and people to connect to! Will do a round of conversations to investigate more about the market in Austin and San Antonio and then follow up here with possibly more thoughts and questions :)

Thanks everyone for the warm welcomes! I actually didn't realize this was a forum post.

@Carrie Hiner, interesting you mention Texas. I am interested to know more about Texas. Actually it is the first area I started investigating after doing a quick sweep of the top 75 metros in the U.S. I just posted another thread about Austin here. I would love to connect and learn about what you do. Please PM me if you're open to that.

https://www.biggerpockets.com/forums/48/topics/247296-lf-investors-or-investor-friendly-agent-in-austin-tx

Hi BP community,

I am from Cali and I've been looking at Austin as an investment area. I am looking to connect with local investors and investor friendly agents who are also investors themselves or just anyone that knows the area well who wouldn't mind sharing some thoughts.

Some starter questions:

1, what are your thoughts investing in Austin vs. other areas in Texas such as San Antonio, Houston, Dallas-Fortworth, etc. 

2, what are the up and coming, young professional, neighborhoods in Austin? i.e. areas where the space hasn't completely been taken up like Manhattan and there is room to grow and active developments? what are neighborhoods to absolutely avoid?

3. what is your thought on condos, SFR or duplex/triplex or small multi-family apartment buildings? I am from NY/SF so all I know are apartments and condos, but I am curious if houses are more the way to go.

4. the numbers, can I get cap rate in 12-15% in Austin without leverage? 

5. what about cities like Round Rock, Cedar Park that is right north of Austin? my initial numbers based on median values and rents suggest these cities may be interesting.

6. anyone you think I should talk to, please PM me!

Thanks all!

@Wilmer Armas, welcome! I am also in San Francisco, own 1 property and looking to invest out of state and I am actually currently looking in Texas. Would love to connect and trade ideas!

@David Thompson, I'd be curious to connect to your trusted turnkey guy. I've been crunching the numbers on some Texas cities, would be great to start talking to some local guys. Why not? PM me.