
17 February 2021 | 18 replies
Anthony Lee - The Owner will likely end up in jail soon for banking/insurance fraud.I wrote many policies with this company in 2019 for flips/rentals with 25% earned premium, cancelled the policies after the properties were sold and never received refunds.

1 September 2020 | 11 replies
A total of 78,000 expected available jobs by years end, and if this momentum continues, Austin would have a record re-employment by year end. (2)Almost 120,000 net new jobs are likely to be added through 2023, bringing wage and salary employment to nearly 1.2 million aggregate positions.(2)Austin ranks number one across the country in “Jobs in Excess of Pre-Recession Peak” at a growth of jobs created since 2009 recession of 38%.Second place is Nashville at 29%, which is nearly 10% more added jobs than the next strongest MSA — and 29% greater than the national average of 9%.Another national reference Mark Sprague noted was that only 8 metros have had full recovery (full employment or better, real estate sales/ values and GDP better than 10 year ago) and four of those Metros are in Texas.Also, throughout the entire pandemic Austin’s MSA stayed in the top 10 of all MSAs — and Texas had at least four cities in the top 10 throughout same period.A strong state economy surrounding what might be the hottest market within that state is a good recipe for investing.With double digit YOY appreciation and strong demand, the City of Austin remains one of the best places to buy & hold and even flip real estate.ReferencesTexas A&M Real Estate Center — https://www.recenter.tamu.edu/research/market-research#!

2 January 2023 | 1 reply
There are plenty of great resources available to help you figure out your strategy to increase your income, so I’ll leave that to the experts in that field.Reinvest Your Original Investment When Deals Go Full CycleOnce you hit the 5-year mark, your first investment should go full cycle returning your original investment with the additional returns.

1 February 2018 | 41 replies
It won't be the epic 26 cities in 8 countries trip I took last October but I will be marking off two new countries from my bucket list.
27 May 2022 | 2 replies
In those 15 years, you would have financed many times by the time you reach the 15 year mark.

2 January 2023 | 5 replies
Risk is absurdly high if you do not have significant reserves Agree - In terms of LTV, I am nearing the 80% mark.

3 January 2023 | 10 replies
Common fees will include a set-up fee, leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

8 December 2022 | 6 replies
Anthony makes a point worth considering, Austin.