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All Forum Posts by: Noah Weitzman

Noah Weitzman has started 12 posts and replied 35 times.

Post: Annual fees for being a REA and representing yourself?

Noah WeitzmanPosted
  • Rental Property Investor
  • Austin, TX
  • Posts 36
  • Votes 12

Thanks so much @Ryan Blake, so I understand correctly even to represent yourself you still need to hang your licence under a broker for the first three years?    

Post: Annual fees for being a REA and representing yourself?

Noah WeitzmanPosted
  • Rental Property Investor
  • Austin, TX
  • Posts 36
  • Votes 12

Hello! Thanks so much for helping with this. Looking into getting my REA licence but cant seem to figure out what the fees will be annually if I only wanted to represent myself and have access to the MLS? Do I need to be under a brokerage? Join the NAR? Help would be really appreciated. Thanks again.

Post: Austin Vs San Antonio Market

Noah WeitzmanPosted
  • Rental Property Investor
  • Austin, TX
  • Posts 36
  • Votes 12

Seth,

Thank you that was extremely informative. I think that I am mostly looking around Randolph AFB, Lackland AFB or the Medical Center. I plan on going to drive around those neighborhoods to get a feel and see were exactly I am looking. Currently I live in Alamo Heights and this might be a good area because of its proximity to Sam Houston? Is there a certain way you have been advertising your SF rentals? Craigslist or others... Thank you Seth I really appreciate it.

Post: Austin Vs San Antonio Market

Noah WeitzmanPosted
  • Rental Property Investor
  • Austin, TX
  • Posts 36
  • Votes 12

Hi Everyone!

Currently I am in a bit of a pickle and can't decide what to do. So I know some more seasoned investors will be able to help me out.

I am looking at either buying a duplex in Austin around 300,000-400,000 or buy a single family home in San Antonio for around 200,000-250,000. In Austin with that kind of range you can get into some pretty good neighborhoods. Hyde Park, South Lamar, Etc.. with San Anotnio you can get into some good neighborhoods as well, I am looking around military bases for this property. I am looking to put 10% down on the San Antonio property.  And either 5% or 10% on the Austin property. 

Will the San Antonio Single Family Home cash flow alot better than the Austin Duplex? I think it will but I am afraid of the 100% Single Family Home vacancy and that I will most likely have to purchase it unoccupied. The Austin duplex will be occupied upon purchase. How have you guys had success filling single family homes upon purchase in San Antonio? Is there a solid vacancy period or are you able to fill them up pretty fast? Is the Austin duplex too expensive to expect cash flow with a 5% down payment? 

I know you could crunch the numbers away and probably find some kind of information. But I am just asking for general trends that you would think.

Thanks a lot I really appreciate any information that I can get

-Noah

Post: New South Texas Investor

Noah WeitzmanPosted
  • Rental Property Investor
  • Austin, TX
  • Posts 36
  • Votes 12

Hi Everyone!

You know that feeling were you can't stop thinking about properties or reading real estate books? Yes I know you do and that is why I am so excited to become a part of this community! I am really interested in any real estate knowledge about investments in either San Antonio or Austin. I am currently looking to start my investment with either a SFR in San Antonio or an owner occupied Duplex in Austin. But if you think that either of these things are the wrong way to get please let me know!

Also I am an environmental professional and have done over 30 environmental site assessments and Phase 1 report's for banks and property owners. So if you have some environmental questions please let me know and I might be able to help you out. Thanks and I look forward to developing relationships and meeting awesome people on here!