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Updated about 6 years ago on . Most recent reply

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Cathy Wang
  • New to Real Estate
  • San Francisco
1
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Looking for investment agent in Austin area

Cathy Wang
  • New to Real Estate
  • San Francisco
Posted

Hi everyone, I am new to the BiggerPockets, Looking for investment agent that can help us find a rental property in Austin area, someone specialize local rental market. Target single family or detached townhome/condo, looking for nice family oriented neighborhood.

Please let me know if you have anyone you recommend! Thank you so much!

Most Popular Reply

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834
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449
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Danny Webber
  • Real Estate Broker / Investor
  • Austin, TX
449
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834
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Danny Webber
  • Real Estate Broker / Investor
  • Austin, TX
Replied

You need to get more specific about what you are looking for. There are not many deals here in Austin and about 10k+ investors looking for them. Without a larger down payment most deals do not make sense. In addition to that most local investment oriented agents have a long list of investors looking for properties that would be way ahead of you to get them. 

It is still worth looking but do not expect to see much that makes sense without a large down payment (30-40%) unless you are good with negative cash flow or a break even right now. This is not negative just realistic right now.

  • Danny Webber

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