Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $125,000

Interior rehab. New kitchen, bathrooms, paint. Purchased at auction.

What made you interested...

Hello, I am looking at some multi family investment properties and I see big difference in price in properties that are turnkey from ones that are fixer uppers.

My family has a 0.5 acre piece of property in Austin, TX east of 35 near the old Mueller Airport.

If not then other owners could have a very negative influence on your property.

Access to Capital: Fix and flip projects require significant upfront capital - not just for the property purchase, but also for renovation costs.

We will use a home building company as I do not have as much experience as they do.Any suggestions or tips on how to get a construction loan for an investment property?

With these incentives to start with the property you can cashflow day one in the investment.  

I’d be happy to share the details and connect you with the cost segregation company we use for our multifamily property.

This increase puts downward pressure on both rental rates and property values.Rising insurance costs: Skyrocketing insurance premiums are further squeezing cash flow and increasing operational costs for property owners.Short-term outlook: With the current market conditions, Florida real estate is unlikely to yield strong returns over the next 1-2 years, making it less favorable for immediate investment.

My plan, after I accumulate enough property, is to refinance certain properties each year and collect the tax free "income" from that property and enjoy life.