All Forum Posts by: Renu Grover

@CP Chou thank you so v much. Def catching the drift re: no CF in those large complexes.

@Caleb L. thanks so much!

difficult for me to answer this because i am so early in my search and my primary focus is to find a property (or properties) that will appreciate and return over the long term. also i am not finding many properties that model out to have positive cash flow (post expenses and vacancy allowances). what is a reasonable expectation for a prime or up and coming location? 

@Shawn C. For the near term it will be strictly rental as I am currently based in SF. Goal is to move out to Austin over the longer term so having a presence in advance is important. Even if I don’t move to Austin permanently, I’d like to have a place or few to stay or to offer family in the future. Goal for now is + appreciation w cash flow positive if possible.

@Neil Narayan makes complete sense. Probably asking silly questions. Thanks for your input and I’ll hit you up this week!

OK, thanks much @Jordan Moorhead

@Jordan Moorhead thanks for the reply! Definitely like East Austin - did you buy in south east, east... checking out a few places hopefully in the next few weeks. Seems like a nice mix of newly renovated and older, single family homes.

Hello BP team. I recently joined BP and have been reading many posts. This seems like such a great resource to meet smart and great people. I am considering investing in Austin as a remote investor (currently live in San Francisco). I have been using public (census) and private sources of data
(neighborhood scout) to get a feel of Austin's different neighborhoods. Some questions:

1. - seems there are a lot of new developments in downtown -- is Austin being overdeveloped?
2. - in other words, is this a good time to get into the Austin market?
3. - what neighborhoods within or near austin are worth looking into?
4. - any recommendations as to whether single home or multi home is preferred by those renting in austin?

Any suggestions or contacts you can refer me to would be fantastic! I'll be traveling to Austin for a few weeks in the near future to get a better sense of the neighborhoods. Happy to connect with anyone in person, via phone.

Looking forward to engaging with the BP community!