Any wholesalers in Austin, TX?

[Namrata B.]

Hi,

I am looking to build my RE portfolio in Texas. Preferably using BRRR. I would like my first property to be a quadplex that I can BRRR & househack in. Does anyone know any good wholesalers, contractors in Austin, TX? Any thoughts on the current market there?

[Ryan Kelly]

Hi Namrata, I agree with everything said so far. Fourplexes are difficult enough to find in Austin, and even harder to make the numbers work at this moment without a huge down payment. I LOVE house hacking however and have several clients making it work well. You can focus on a single family or duplex that you will actually want to live in and then rent out the portions you don't need. One of my clients bought a home in SW Austin for $372,000 last year with a mortgage payment PITI around $1500 a month. He rented out two rooms at $750 a piece and now his entire mortgage is covered. Free house, plus reduced taxes as a primary residence. Welcome to Austin! Feel free to reach out if you want to chat more about the market in detail.