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Results (10,000+)
Danny Webber Housing Affordability in Austin TX
31 October 2018 | 1 reply
A quick glance at housing affordability in AustinMedian Household Income App (Forbes): $73,493 ($6,124/mos)Cost of Living (Forbes): 15% above nat'l avgMedian Home Cost (SFR-ABOR Stats): $302,250Assume 5% Down Payment Conventional Loan- 30 year amortization- $15,112.50 down pmt + any closing costs• Percentage of residents with less than $1,000 saved: 56%• https://www.gobankingrates.com/…/…/americans-savings-state/…- $287,137.50 amt financed- 4.375% interest rateHow the payment looks:PI= $1,433 mosIns= $105 mosTaxes= $458.33 mos (Assume $5,500/yr)HOA= $25 mos$2,021.3/mos PITIDTI’sHousing ratio= app 33% @ median income ($2021/$6124)FHA should be at 31% or less with Conv/VA/FHA being around the same although all have exceptions in placeTotal DTIThese hover between high 30%’s to manually underwritten total DTI’s in the 50’s or higher depending on the programs@ 45% Total DTI Ratio and assuming the above PITI pmt that gives a borrower approximately $734 per month in all other creditor debt (cars/cc/personal loans/etc)These numbers are not perfect but are rather a quick illustration of current housing affordability in Austin for Retail Buyers.Summary: Housing is becoming less and less affordable in the COA for end retail buyersAssuming increases in property taxes/insurance/interest rates on the horizon how does this affect us as investors?
Michael Junior Door knocking distressed homes
27 October 2018 | 13 replies
I would go with "I'm a local investor looking for new properties, if you know anyone looking to sell please have them call me *hands them a card*"And/or write down the address, mail them something and/or try to find a phone number to call via your own efforts or skiptrace service.Deal machine app is pretty cool I've heard, never used it myself.
Jay Trill Need help finding other meetups after being at a renatus meetup
27 October 2018 | 3 replies
I also recommend getting the "meetup" app and checking on there.
Mindy Jensen Ep 44. DIY Your Way to FI with Tinian Crawford
10 November 2018 | 2 replies
, THIS is the episode that will change your mind and show you it IS possible, even if you’re not 20 years old.Listen here or on your favorite podcast app.
Mindy Jensen Ep 302 Making $100k/Deal Using Other People's Money w Cory Nemoto
14 May 2019 | 5 replies
Listen here or on your favorite podcast app.
Nikhil Palli New Real Estate Investor
4 November 2018 | 4 replies
In terms of the software, what kind of app are you developing now?
Joshua Feit Should I AIRBNB this one???
7 November 2018 | 15 replies
First download @Jon Crosby 's app called click to flip and run a few numbers just to get a broad idea of feasibility. 
Jonathan Cox Was this a smart move?
21 November 2018 | 31 replies
Thats why I'm really enjoying this app because of pwople like you willing to help.
Marisa R. Highest and Best Offers
11 November 2018 | 8 replies
(Adopted 1/03, Amended 1/09)My apologies for typos - thIs Is a problem wIth the BP app.
Tiffany Milan How did you know you were ready to start?
16 November 2018 | 66 replies
Everyday, I was looking at properties through realtor app (also from the lists that the realtor provided)and also analyzing deals based on the webinars of Brandon and David.