All Forum Posts by: Jared Crouch

Does anyone have a proforma for a vacation rental? 

@Scott SutherlandWhat are your vacancy rates with vacation rentals in Austin?

Thank you for the response. Actually this property is located in CA, just outside of Los Angeles. 

I am planning on refinancing a rental property worth approx $200K (current loan of $108K) I would like to take out $30K in a cash out refi. The fees for this transaction are around $4500. That is around 15% of the total cachet amount. Is this too costly to refinance at this point?

I plan to use funds to purchase more units. 

Thank you in advance. 

@Scott SutherlandHey Scott, thank you for sending this spreadsheet. I would love to use this strategy in the Austin area. I work a full time job and don't have a lot of free time during the week. How much time does it take to look after a short term rental? (I would live in one side of the duplex and rent out the 2nd unit)

Thank you Ed for the great advice. Do you have any neighborhoods you would suggest? 

Thank you for all of the advice. Look forward to making my first Austin Purchase!

I am looking for an owner occupied multifamily in south central Austin. In the Austin market will I be better off getting a duplex which may or may not have greater appreciation, or try for a 3 or 4-plex which would have better cashflow?  

Also any neighborhoods in $200-$300K range that would have multifamily properties? 

Thank you in advance. 

Looking for Austin based REI meeting I may attend after work i.e. 7 pm +

Thank you

I have questions on this too, what is the industry standard for ROA? ROI? and ROE?