All Forum Posts by: Shawn C.

@Nicholas Ameluxen Hello, I am located in Austin and I am interested in eventually getting into Multi-Family investing of five units or more in the future. When are these meetups?

Thanks

If I remember correctly, November's will have a constitutional amendment to be voted on to eliminate the possibility of a state income tax forever or at least if it passes until another constitutional amendment is introduced to change it back. if they were to enact a 8% property tax hike and a state income tax, I see where it could be very hard for people the barely qualify for rentals now to be able to qualify in the future.

Do you think if that was to happen we as investors would then have to change our screening criteria?

@Renu Grover That is really a hard question to answer. I suggest reading @Caleb L. Blog post. It is a really good one and I think it will give you better self insight than I can offer you.

@Kris Wong Thanks, I'm hearing about four months. One pool company told me a month maximum so I immediately cut them from out list. They were just telling me what I wanted to hear and gave me a really low bid. They had some good reviews but their review numbers were so low it was probably family and friends leaving the positive reviews for them.

Thanks again, I really appreciate it.

@Darron 

@Darron Green Sounds good to me! I don't know alot about them but I'm a fast learner and that's how you learn, Right?Anyway, If you are serious, My callander will be a little more forgiving in the next week or two.

@Renu Grover What is your monthly target cash flow for a SFR?

@Kris Wong About how long did it take them from start to finish? It just so happens this is something I am also looking into. I couldn't believe it when I read this post. LOL

@Darron Green I am not but if you hear of anything please let me know. This is something I am really interested in.

My #1 ruel is Do NOT do business with friends.

Ruel #2 when in doubt see Ruel #1 NO EXCEPTIONS.

I hope this helps.

Are you looking for a homestead for a couple of years then rent it out or are you talking strictly rental property?