All Forum Posts by: Stephen Stokes

@Courtlan Ross what area is the property located? Contractors in south Austin don’t like working north and vice versa.

Good news for my SFR rental up there! There is also a domain like development going in across the street.

@Neil Narayan be fearful when others are greedy and be greedy when others are fearful. Retail investors/buyers are always last to the party.

@Marvin Bobb Venmo. I set up an account separate from my personal account and even used my company logo. I also use it as a way to remind my tenants to change their air filters every month to keep their electric bill low 😉 by commenting on their transfer.

@Jack B. Are rent ratios adjusting to reflect increased regulatory risk premium? The unintended consequence of the actions you mentioned create hyper inflationary pressures so might be worth hanging onto if you already have a fixed mortgage payment for long term. Simply adjust your vacancy allowance to reflect the additional risk. You should see rents grow at much higher rate than unregulated markets. Heavy handed government actions meant to help the little guy usually hurt them the most. My market of Austin is a great example. We have complete centralized zoning and planning vs. other cities in Texas like Houston. As a result, our rents are growing much faster. Just some food for thought.

"Investing" purely for appreciation= speculation....

I have used Barton Creek Lending several times and they are great. Certainly negotiate and get other quotes from others like Better.com and online brokers from Bankrate.com. I am closing on a primary residence refi tomorrow with Better.com that cost me nothing at 2.5%...get that cheap $ while it lasts. 

You might try Alan Ceshker or Dan Castro. 

@Aaron T. Let’s connect! I am looking to get into a hostel investment as well.