Austin has become a pricier market, so seeing BRRRR-ready properties in the $250K+ range is expected here.

Learn property management, analyze rental demand, find high-quality tenants, and budget for renovations and repairs.

i didn't even know auctions gave opportunities to actually have access to properties beforehand.Given your line of work, i would say that you are uniquely positioned to work well in the outlined situation.

Property Taxes on a past project in Decatur GA went from $1500 a year to $8,000.

You may choose to invest in real estate directly by acquiring a property, or passively by investing through a syndication (or by being a lender to someone else.  2) pencil out the numbers to see if the math is in your favor for a Roth Conversion and real estate investment with a SDIRA.

In general I'm saving for repairs to the property, but we all know that this covers a wide spectrum.

For example, if this were your property how would you proceed?

Why do you want this property over another brownstone that would be for sale?

Plus, it looks modern and can increase the appeal of your property to future tenants!

@DeAnna McKillop-LopezKeep it simple to start, unless you have more than $10M there is no need to do anything but by the property in your name and get insurance if the property is a single family rental.You can do all these other methods but they just cost you money every step along the way.