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21 December 2024 | 10 replies
To summerize, a DSCR loan, aka lite doc or business purpose loan, uses the rents you receive on the property and divided by the new loan PITI to receive a ratio.
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15 December 2024 | 5 replies
Demand for February/March move-ins should see a notable uptick sometime in January, but you'll for sure see your strongest rental demand in late spring/summer.Your most recent post mentioned that you were going to look for someone for a 6-month lease - I think this is a great way to approach it to minimize vacancy loss while biding your time until we get into the higher demand summer months.Getting creative with your lease term and credits/concessions could also be a good way to solve a few potential problems in one shot.
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18 December 2024 | 12 replies
While there are fewer native Austinites left, if you find them—especially older residents—they can be an invaluable resource for inside information.Get involved locally: Once the tourists and college students leave for summer or holidays, you’ll realize Austin is still a small town at heart.
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17 December 2024 | 1 reply
This is assuming you haven't already done this during college (summer job or working part time)I would go where I can get a job in a commercial real estate firm.
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17 December 2024 | 1 reply
By summer, prices should start rising again, presenting better seller opportunities.Multi-Family Properties: Values have dropped due to lower rental rates, with the best deals already seen in past years.
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20 December 2024 | 4 replies
It scares me thinking about trying the Airbnb route but this area has two distinct tourist seasons in the summer and winter so it might be worth it for at least some of the units.
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12 December 2024 | 10 replies
It’s a celebration for the fermenting of the grapes in the region.Great notes about development.
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18 December 2024 | 0 replies
As listing inventory began building up in the spring, we saw prices soften a bit as we hit the summer months.
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23 January 2025 | 165 replies
When I was a kid we were able to play outside all summer long with no smoke now kids are stuck inside for 3 weeks while the fires are "managed."
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20 December 2024 | 28 replies
Unless you are super famous on TV and a celebrity you do not need anything.