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All Forum Posts by: Stephen McDowell

Stephen McDowell has started 1 posts and replied 3 times.

New Member Introductions

Post: Greetings! New here! (Bay Area/Austin, TX)

Stephen McDowellPosted
  • San Francisco, CA
  • Posts 3
  • Votes 2

@Account Closed Sorry, couldn't tag in the previous post!

0 Votes
New Member Introductions

Post: Greetings! New here! (Bay Area/Austin, TX)

Stephen McDowellPosted
  • San Francisco, CA
  • Posts 3
  • Votes 2

 I invest in Austin (From Killeen to S.A.) and I would say you have to decide if you want fast cash, cash flow or flips because each market offers different opportunities and challenges. Finding a multi in Austin will cost you and may not provide decent cash flow. What do you have in mind for an investment style?

I am going to focus on a cash flow property but I'm open to other possibilities. I'm not sure if I have the experience yet for an out-of-state flip. However, I am open to a greater area than just Austin and would be willing to search anywhere between Austin and SA or north to Round Rock, etc.  Are there any areas that I would have a greater chance of finding a multifamily that would cash flow?

0 Votes
New Member Introductions

Post: Greetings! New here! (Bay Area/Austin, TX)

Stephen McDowellPosted
  • San Francisco, CA
  • Posts 3
  • Votes 2

Hello everyone!

I'm new here but I've been listening to the BP podcasts for some time now as well as lurking around the forums for the past few weeks so I decided it was time to introduce myself! I live in San Francisco but am originally from Austin, TX and looking to invest in a multi-family property in Austin. I am a first time buyer, have excellent credit and great income. I am very familiar with the Austin area, however, I am new to real estate so any and all info is much appreciated!

2 Votes