All Forum Posts by: Saberian Younger

@Saberian Younger my point was certain markets may look good on paper and give people the impression they can just jump in as passive investors.. ( like Austin you could do that) but other markets you could lose all your money if your not wise and careful. the study makes no distinction to RISK / REWARD

You also make a good point in that the higher cash flowing properties are the most risky. In a bad economy these are the first to go. I've studied what REIT do and have tried to build my portfolio around those concepts. Some cash flow properties, some equity hold properties and some location hold properties.

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Originally posted by @Jay Hinrichs:

I absolutely agree with that point. I'm lucky in that I live and only have to invest in the central Texas area right now. As time moves on I may be more comfortable investing from a distance.

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Originally posted by @Jay Hinrichs:

OF course this is what your going to get when you have super cheap houses with high rent ratios as we all know those are also the most risky.. the most stable markets and the safest markets are in this metric the worse markets..

A neat graph or report would be to see tenant defaults in a given market ... Occupancy rates with the given inventory etc etc. I think you would see these graphs totally flip flopped. For instance Portland were we are at did not make the list we have less than a 1% vacancy and pert near 99% collection rate... what do you think that is in the top market like Detroit.. and I am talking market rents not subsidized rents which skew the reports. Since west coast markets have little to NO section 8 by and large.

This is not the case in Austin, Tx! It definitely deserves to be on this list.

2 Votes

Originally posted by @David Dachtera:

Originally posted by @John Arendsen:

@Joel Florek, I've been meaning to look into crowd funding for awhile. I'm hearing more and more about it.

The only issue I've seen with that so far is that it seems to be limited to accredited investors only - us "little guys" (real people) are still left out of the game.

I've read recently that the SEC was changing the crowd funding rules to allow non-accredited investors the ability to buy in. However, I have not seen any changes with companies such as fundrise.com, they still seem to be using the accredited investor criteria.

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Originally posted by @Steve Burt:

Where are all these jobs coming from in Texas? The energy sector is beaten down, and for Fort Worth in particular, there are not that many big companies HQ'd there

Yup alot of tech here in Austin.

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Hello, can anyone help me with specifics on this. It would be a three story walk up no elevator. The prices I'm able to find look to be somewhere between 112-122/square foot. Does that sound about right? Thanks and any input is greatly appreciated.

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Thanks guys! I'm glad you found some value in it.

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Here's one reason I really like 78745 right now.

http://kxan.com/2015/09/21/st-elmo-project-bringin...

http://www.bizjournals.com/austin/blog/real-estate...

http://austin.eater.com/2015/9/21/9364035/saxon-pu...

With that being said I also love 78704. It's where I "location hold" properties. The price point is just really high. Like Mr. Salas pointed out its hard to find deals...

I cash flow properties in round rock which is in the county just north of Austin/Travis.

4 Votes

Also, I'm also saving for downpayment on new investment properties simultainiously to all of this. I'm up two five houses and one duplex. Many argue the benefits on her of Real Estate investment and in other financial circles they like the financial markets. My best advice is to diversify and have some money invested in both. Working with your levels of knowledge and risk tolerance. Check out mrmoneymustache.com he's got an entire section to his reasoning for using ETF's and index funds. Also the people over at early-retirement.com are brilliant when it comes to the financial markets. Me on the other hand.... I'm smart enough to let other people invest my money for me. Take care.

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All good advice here. I also work in public service and am fortunate to have a pension. This is the order in which I would do things, not necessarily right just my two cents.

-Pay high interest debt like your hair is on fire

-Have at least six month emergency funds to support everything.

-We have a 257B as well as the pension, kinda like a 401K. It lowers my income threshold for the year and grows tax free until I'm 59.5 years.

-Then I do both the wife and my IRA's

-Lastly I push money into the market using Betterment.com (Also see wealth front.com). It's very user friendly and is index funds with very low fees. They tax harvest and rebalance a diversified profile for you. Depending on when you need the money is how you set the risk tolerance.

Good luck and thanks for reading,

Sabe

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All Forum Posts by: Saberian Younger

Saberian Younger has started 2 posts and replied 83 times.

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