Affordability and Housing Supply5.

Median rents in Austin declined about 8% last year, I believe, and sales prices fell about 3% as well.If you’re willing to consider other markets in the Sunbelt, you’ll have more affordable locales to choose from.

And the condo debacle in FL will be churning for quite a while as these rogue HOAs try to get realistic with deferred maintenance, new requirements, and freedom for people to use as they need to afford them.One thing to consider would be to 1031 all of them in a consolidation exchange. 

There is no lack of affordable homes.

I am on a visa and am interested to find out how much I can afford and use it as guidance on type of commercial property to research in to as this would also be my first investment.ThanksMallik welcome to austin!

@Priscilla C. how much can you afford to put down without tapping the equity in your current home?

I was further thinking of using 2-person LLCs (my wife and me), due to the greater liability protection they afford over 1 person LLCs. 

You have to be honest with yourself, understand the risks and assess if you can afford the negative cash flow.

Our handyman team of 2 are moving out of state after working with us for almost 18 years to start/continue their real estate investment journey in a more affordable state. 

In some markets you can afford to increase more and in some less.I raised my tenants rent by $15/m and they were ecstatic.