Hello, my name is Jeremy, and I am a new real estate investor and property manager, with a growing presence in the industry.

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

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.

Given that you've had 483 clicks with no applications, it might be worth tweaking a few things before dropping the rent.I had a client who also had a property in Fayetteville and who faced a similar issue.

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.

Keep an eye on local developments that could boost property values.4.

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

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

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.