![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/523854/small_1621481292-avatar-david_ivy.jpg?twic=v1/output=image&v=2)
19 June 2018 | 1 reply
Inventory in Austin is now down to 2 months (balanced market is 6.5 months).Steve Crorey, 2018 ABoR president, said, “Our current market imbalance in Austin is made worse by an antiquated land development code that places unnecessary constraints on building the number and variety of homes our community needs.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/456316/small_1644389721-avatar-padric.jpg?twic=v1/output=image&v=2)
25 June 2018 | 30 replies
I always keep my signs out of neighborhoods, clean up old yard sale/election signs as I plant my signs, and plant them in a non-belligerent manner.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/358973/small_1621446500-avatar-johnk52.jpg?twic=v1/output=image&v=2)
19 June 2018 | 5 replies
Generally, owning investment real estate in S corporations or C corporations (or LLCs who have elected to be those entities should be avoided.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/886466/small_1621504998-avatar-shahdan.jpg?twic=v1/output=image&v=2)
19 June 2018 | 1 reply
Your rates will depend on LTV you elect plus the strength of the property.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/994069/small_1621507038-avatar-rudye2.jpg?twic=v1/output=image&v=2)
25 June 2018 | 9 replies
There is no such thing as being taxed as an llc...An single member llc is by default seen by the irs as a disregarded entity.A multi member llc is by default seen by the irs as a partnership.You can also choose to have your llc taxed as a c Corp or s corp if you make the election with the irs.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/832502/small_1621504152-avatar-jasonb289.jpg?twic=v1/output=image&v=2)
30 April 2019 | 54 replies
Also, if you live in the area what is the reason you elected to get it managed instead of doing that yourself?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1075883/small_1694579636-avatar-nahalb.jpg?twic=v1/output=image&v=2)
20 June 2018 | 11 replies
You can read about it directly from HUD in the Keating Memo that was written in 1998 under President Bill Clinton.You have to justify your reasoning.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/636552/small_1621494345-avatar-yashare.jpg?twic=v1/output=image&v=2)
29 June 2018 | 42 replies
Owner/president of BMRE Holdings.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/559247/small_1621492582-avatar-stephenb71.jpg?twic=v1/output=image&v=2)
29 June 2018 | 18 replies
Speaking of that, did you elect to include the Tenant-Occupied Property Addendum as part of the AOS?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/132480/small_1621418444-avatar-chris_howard.jpg?twic=v1/output=image&v=2)
29 June 2018 | 3 replies
As you do more flips, you will want to elect your LLC to be taxed as S-corp to save on SE tax of almost 15% on your profit.