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30 January 2025 | 11 replies
Honestly if you are doing STR I would suggest doing Austin itself rather than all the way out there in Kyle - maybe a couple of years ago when the prices were through the roof in Austin city itself this would be a good alternative but there is a blip right now where you can get a god entry point in Austin (downtown/east ideally) for STR
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22 January 2025 | 3 replies
A prudent investor doesn't seek quick riches through shortcuts.
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24 January 2025 | 7 replies
Would love to form connections through this site !
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28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.
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24 January 2025 | 7 replies
A prudent investor doesn't seek quick riches through shortcuts.
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29 January 2025 | 5 replies
@Katie Lyon Because our weather is more temperate over the winter months, we have much more consistency in demand across all times of the year, so typically the market stays fairly consistent through all seasons.
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1 February 2025 | 7 replies
Of course, if a canopy fire comes through there's not much that can be done - but we did what we could.
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29 January 2025 | 7 replies
Yes it exists, but as the above poster mentioned, lots of hoops to jump through.
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25 January 2025 | 1 reply
My name is Bryan, and I’m eager to start building wealth through real estate.
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27 January 2025 | 12 replies
It's a great way to talk through your plans and goals for real estate with people that actually understand!