There is still strong demand for Austin area housing.

Estimated costs range from $500–$1,000 annually, depending on the complexity of their LLC and rental activity.For Partner 2 ($148K joint income, W-2, 1099 income, 1 rental, 2 kids), a CPA is strongly recommended.

Your strong foundation in the stock market and tech background positions you well for success in real estate investing.

Our portfolio currently cash flows, but cash flow isn’t our top priority right now since we plan to use this portfolio to supplement our retirement in 12 years when I leave the Army.My biggest challenge is committing to an out-of-state market.

The idea of acquiring a new property every few years to build a strong portfolio is something we’re seriously considering.I appreciate the insight, and it’s great to hear from someone with experience.

It is why postive cashflow is important.More to the point on cashflow, I'm saying that properties that cashflow only enough to pay for the PITI payment don't sound like strong investments (for me at this moment**) if what it would require is substantial cash reserves (which I dont have because im just getting in).

Touche' there is that but our product we owned was only 15 million of it and if she was not selling our houses we own she would be selling someone elses.. the point is if you put in the work know what your doing after about 5 to 7 years in a market were average sale prices are 400k and up there is a strong chance you will make 100 to 300k a year and your marketing budget will be a fraction of what a wholesaler spends to try to generate their income.

@Jordan BrownWith $50,000 saved and no debt, you have a strong starting position for real estate investing.

Seeing your intro is a breath of fresh air.. what's your next step in building a strong investment network?

Instead of keeping them, I'd look to sell them and buy something more suitable as a long term rental.If you want to know why I have such a strong opinion on this, just google the following: - HOA Special Assessment - Florida Condos 2024 - search for news on the new laws - Zombie Condos