Here’s some advice to help you get started on the right foot in the Austin market:Understand the Market: Austin is a dynamic and competitive market with a mix of tech-driven professionals, students, and long-term residents.

Your next real estate competition might not be Black Rock or Bezos...it could be coming from the family of the friends you grew up with. 

So one way to change incomes is ERASE foreign nations competitive advantage in sectors, better known as TERIFFS.

It's a great way to reduce your costs and is a clear competitive advantage in sourcing opportunities.

My Nephew is a student at University of Utah and a competitive climber, and he has a lot of climbing friends that would live with him.- Buy a house / 4 plex, take one of the rooms / units, and rent out the rest- Family can just come and stay with the Nephew when needed. - Build out the equity on the house while living at reduced price (hopefully) due to charged rent.  

Residential work is pretty easy, so I price it competitively if it's a local job and not a very large home.

This fall is the best time of year to buy a house in *my opinion* because you have less competition and often more leverage than during the heat of summer.

I've seen/heard people getting more competitive bids in the higher risk markets, but yeah I do think the subtle increases 2-3% are a bit aggressive. 

Also running an STR business is not just as easy throwing it on Airbnb anymore, it is a competitive business. 

We don't need income docs or anything of that sort and our rates are competitive with banks.