Updated almost 6 years ago on . Most recent reply
Breaking into expensive Austin market
Hello all,
I’m looking to buy my first home in Austin TX, the prices of homes anywhere within 20 minutes of downtown are $300k plus for basic single family homes. It seems to me that based off the home price , it would be hard to make a profit from renting the home since its so far from the city.
What strategies have y’all used to successfully profit in an expensive sellers market?
Most Popular Reply
@Reno Ancheta I'm doing rehabs on multi unit properties to get the rents up personally. I bought one for $341k that will rent for $4000 gross after rehab
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