All
Members
Companies
Blog
Forums
Podcast
Webinars
    User Log in  /  Sign up
  • Forums
    Newest Posts Trending Discussions Followed Forums Real Estate News & Current Events General Landlording & Rental Properties Buying & Selling Real Estate Deal Analysis See All
  • Education

    Read

    BiggerPockets Blog BPInsights: Expert Analysis Coronavirus Content & Resources Guides Glossary Reviews Member Blogs

    Watch

    Webinars Video Library Financial Independence Blueprint Intro to Real Estate: Rentals

    Listen

    BiggerPockets Real Estate Podcast BiggerPockets Money Podcast BiggerPockets Business Podcast Real Estate Rookie Podcast Daily Podcast (Audio Blog)

    Topics

    Business Operations Finance Finding Deals Property Management Property Types Strategy
  • Network

    Recommended Vendors

    Real Estate Agents Mortgage Lenders Companies Hard Money Lenders Contractors Investment Companies

    Search

    Members Events Jobs
  • Tools

    Calculators

    Rental Property Fix and Flip BRRRR Rehab Estimator
    Wholesaling Mortgage Payment 70% Rule Airbnb

    Services

    BPInsights: Property Insights Tenant Screening Property Management Lease Agreement Packages

    New Feature

    BPInsights (beta)

    Quickly analyze a property address or ZIP Code to compare your rent in your neighborhood.

    Analyze a property
  • Find Deals
    Real Estate Listings Find Foreclosures External Link Ads, Jobs, and Other
  • Bookstore

    Real Estate Books

    Profit Like The Pros Bidding to Buy See all books

    Featured Book

    BiggerPockets Wealth Magazine book cover
    BiggerPockets Wealth Magazine

    Written by financial journalists and data scientists, get 60+ pages of newsworthy content, expert-driven advice, and data-backed research written in a clear way to help you navigate your tough investment decisions in an ever-changing financial climate! Subscribe today and get the Oct/Nov issue delivered to your door!

    Get the Magazine
  • Pricing
Log In Sign up
User
Quick search links
Podcast Hard Money Lenders Books Washington
ForumsArrowBuying & Selling Real Estate DiscussionArrowBuying my 4th SF home in Austin, Texas. Paying 🍺s 4 advice
  • Newest Posts
    • Newest Posts
    • Unanswered Discussions
  • Trending
    • Top Discussions
    • Trending Discussions
  • Browse Forums
Search Nova
Topic: 1031 Exchanges Topic: Akron Real Estate Forum Topic: Alabama Real Estate Q&A Discussion Forum Topic: Alaska Real Estate Q&A Discussion Forum Topic: Alberta Real Estate Forum Topic: Albuquerque Topic: Allentown Real Estate Forum Topic: Anchorage Real Estate Forum Topic: Ann Arbor Topic: Arizona Real Estate Q&A Discussion Forum Topic: Arkansas Real Estate Q&A Discussion Forum Topic: Arlington Real Estate Forum Topic: Asheville NC Real Estate Forum Topic: Ask About A Real Estate Company Topic: Athens Real Estate Forum Topic: Atlanta Real Estate Forum Topic: Aurora Real Estate Forum Topic: Aurora Real Estate Forum Topic: Austin Real Estate Forum Topic: Bakersfield Real Estate Forum Topic: Baltimore Real Estate Forum Topic: Bankers, Lenders, and Mortgage Brokers Topic: Baton Rouge Real Estate Forum Topic: Beaverton Real Estate Forum Topic: BiggerPockets Business Podcast Topic: BiggerPockets Exclusive PRO Area Topic: BiggerPockets Money Podcast Topic: BiggerPockets Real Estate Investing Summit Topic: BiggerPockets Summer Reading List Topic: BiggerPockets Webinar Discussion Forum Topic: Billings Real Estate Forum Topic: Birmingham Real Estate Forum Topic: Bismarck Real Estate Forum Topic: Boise Real Estate Forum Topic: Boston Real Estate Forum Topic: Bridgeport Real Estate Forum Topic: British Columbia Real Estate Forum Topic: BRRRR - Buy, Rehab, Rent, Refinance, Repeat Topic: Buying & Selling Real Estate Discussion Topic: California Real Estate Q&A Discussion Forum Topic: Cambridge Real Estate Forum Topic: Canadian Real Estate Topic: Cape Cod Real Estate Forum Topic: Cape Coral Real Estate Forum Topic: Casper Real Estate Forum Topic: Cedar Rapids Real Estate Forum Topic: Chandler Real Estate Forum Topic: Charleston Real Estate Forum Topic: Charleston Real Estate Forum Topic: Charlotte Real Estate Forum Topic: Chattanooga Real Estate Forum Topic: Chesapeake Real Estate Forum Topic: Cheyenne Real Estate Forum Topic: Chicago Real Estate Forum Topic: Chittenden County Real Estate Forum Topic: Cincinnati Real Estate Forum Topic: Cleveland Real Estate Forum Topic: Coastal NC Real Estate Forum Topic: Colorado Real Estate Q&A Discussion Forum Topic: Colorado Springs Real Estate Forum Topic: Columbia Real Estate Forum Topic: Columbia Real Estate Forum Topic: Columbus Real Estate Forum Topic: Columbus Real Estate Forum Topic: Commercial Real Estate Investing Forum Topic: Completed Deal Diaries Topic: Connecticut Real Estate Q&A Discussion Forum Topic: Construction & Remodeling Diaries Topic: Contractors Topic: Conway Real Estate Forum Topic: Coronavirus Conversation Topic: Coronavirus Government Assistance Programs Topic: Creative Real Estate Financing Forum Topic: Currently Under Contract Topic: Dallas Real Estate Forum Topic: Davenport Real Estate Forum Topic: Dayton Real Estate Forum Topic: Delaware Real Estate Q&A Discussion Forum Topic: Denver Real Estate Forum Topic: Des Moines Real Estate Forum Topic: Detroit Real Estate Forum Topic: Do it Yourself Topic: El Paso Real Estate Forum Topic: Eugene Real Estate Forum Topic: Evansville Real Estate Forum Topic: FAQ Forum Topic: Fargo Topic: Fayetteville Real Estate Forum Topic: First Time Home Buyer Topic: Florida Real Estate Q&A Discussion Forum Topic: Foreigners Buying in the USA Topic: Fort Collins Real Estate Forum Topic: Fort Lauderdale Real Estate Forum Topic: Fort Smith Real Estate Forum Topic: Fort Wayne Real Estate Forum Topic: Fort Worth Real Estate Forum Topic: Fresno Real Estate Forum Topic: General Foreclosure & Pre-Foreclosure Forums Topic: General Landlording & Rental Properties Topic: General Real Estate Investing Topic: Georgia Real Estate Q&A Discussion Forum Topic: Germantown Real Estate Forum Topic: Get Foreclosure Help - Stop Foreclosure Forum Topic: Gilbert Real Estate Forum Topic: Glendale Real Estate Forum Topic: Goals, Business Plans & Entities Topic: Grand Rapids Real Estate Forum Topic: Green Bay Topic: Greensboro Real Estate Forum Topic: Hammond Real Estate Forum Topic: Hartford Real Estate Forum Topic: Hawaii Real Estate Q&A Discussion Forum Topic: Henderson Real Estate Forum Topic: Hialeah Real Estate Forum Topic: Hilo Real Estate Forum Topic: Home Owner Association (HOA) Issues & Problems Forum Topic: Honolulu Real Estate Forum Topic: Housing News & Real Estate Market Discussions Topic: Houston Real Estate Forum Topic: HUD, VA, and Tax Sales Topic: Huntington Real Estate Forum Topic: Huntsville Real Estate Forum Topic: Idaho Falls Real Estate Forum Topic: Idaho Real Estate Q&A Discussion Forum Topic: Illinois Real Estate Q&A Discussion Forum Topic: Indianapolis Real Estate Forum Topic: Indiana Real Estate Q&A Discussion Forum Topic: Innovative Strategies Topic: Interest Rate Drops Topic: International Real Estate Topic: Investor Deal Diaries Topic: Investor Psychology Topic: Iowa Real Estate Q&A Discussion Forum Topic: Jackson Real Estate Forum Topic: Jacksonville Real Estate Forum Topic: Jersey City Real Estate Forum Topic: Job Loss/Company Closings Topic: Joliet Real Estate Forum Topic: Jonesboro Real Estate Forum Topic: Kailua Real Estate Forum Topic: Kānèohe Real Estate Forum Topic: Kansas City Real Estate Forum Topic: Kansas City Real Estate Forum Topic: Kansas Real Estate Q&A Discussion Forum Topic: Kentucky Real Estate Q&A Discussion Forum Topic: Knoxville Real Estate Forum Topic: Lakewood Real Estate Forum Topic: Landlord Problem Solving Topic: Las Cruces Real Estate Forum Topic: Las Vegas Real Estate Forum Topic: Lewiston Real Estate Forum Topic: Lexington-Fayette Real Estate Forum Topic: Lincoln Real Estate Forum Topic: Little Rock Real Estate Forum Topic: Local Real Estate Networking Topic: Long Beach Real Estate Forum Topic: Long Island Real Estate Forum Topic: Los Angeles County Real Estate Forum Topic: Louisiana Real Estate Q&A Discussion Forum Topic: Louisville Real Estate Forum Topic: Madison Real Estate Forum Topic: Maine Real Estate Q&A Discussion Forum Topic: Managing Your Property Topic: Manchester Real Estate Forum Topic: Manitoba Topic: Marketing Your Rental Topic: Marketplace Topic: Maryland Real Estate Q&A Discussion Forum Topic: Massachusetts Real Estate Q&A Discussion Forum Topic: Meads Real Estate Forum Topic: Memphis Real Estate Forum Topic: Meridian Real Estate Forum Topic: Mesa Real Estate Forum Topic: Miami Topic: Michigan Real Estate Q&A Discussion Forum Topic: Military Investing Topic: Milwaukee Real Estate Forum Topic: Minneapolis Real Estate Forum Topic: Minnesota Real Estate Q&A Discussion Forum Topic: Mississippi Real Estate Q&A Discussion Forum Topic: Missoula Real Estate Forum Topic: Missouri Real Estate Q&A Discussion Forum Topic: Mobile (Alabama) Real Estate Forum Topic: Mobile Homes & Mobile Home Park Investing Topic: Modesto/Merced Real Estate Forum Topic: Montana Real Estate Q&A Discussion Forum Topic: Montgomery Real Estate Forum Topic: Mortgage Payment Suspension Topic: Mt. Pleasant Real Estate Forum Topic: Multi-Family and Apartment Investing Forums Topic: Nampa Real Estate Forum Topic: Naperville Real Estate Forum Topic: Nashville Real Estate Forum Topic: Nebraska Real Estate Q&A Discussion Forum Topic: Nevada Real Estate Q&A Discussion Forum Topic: Newark Real Estate Forum Topic: New Brunswick Real Estate Forum Topic: Newfoundland and Labrador Real Estate Forum Topic: New Hampshire Real Estate Q&A Discussion Forum Topic: New Haven Real Estate Forum Topic: New Jersey Real Estate Q&A Discussion Forum Topic: New Member Introductions Topic: New Mexico Real Estate Q&A Discussion Forum Topic: New Orleans Real Estate Forum Topic: New York City Real Estate Forum Topic: New York Real Estate Q&A Discussion Forum Topic: Norfolk Real Estate Forum Topic: North Carolina Real Estate Q&A Discussion Forum Topic: North Dakota Real Estate Q&A Discussion Forum Topic: Northwest Territories Real Estate Forum Topic: Norwalk Real Estate Forum Topic: Nova Scotia Real Estate Forum Topic: Nunavut Real Estate Forum Topic: Oakland Real Estate Forum Topic: Off-Topic Topic: Ogden Topic: Ohio Real Estate Q&A Discussion Forum Topic: Oklahoma City Real Estate Forum Topic: Oklahoma Real Estate Q&A Discussion Forum Topic: Omaha Real Estate Forum Topic: Ontario Real Estate Forum Topic: Orange County Real Estate Forum Topic: Oregon Real Estate Q&A Discussion Forum Topic: Orlando Real Estate Forum Topic: Overland Park Real Estate Forum Topic: Pearl City Real Estate Forum Topic: Pennsylvania Real Estate Q&A Discussion Forum Topic: Peoria Real Estate Forum Topic: Personal Finance Forum Topic: Philadelphia Real Estate Forum Topic: Phoenix Real Estate Forum Topic: Pittsburgh Real Estate Forum Topic: Pocatello Real Estate Forum Topic: Portland Real Estate Forum Topic: Portland Real Estate Forum Topic: Prince Edward Island Real Estate Forum Topic: Private Lending & Conventional Mortgage Advice Topic: Property Insurance Questions & Discussions Topic: Providence Real Estate Forum Topic: Provo Real Estate Forum Topic: Quad Cities Real Estate Forum Topic: Quebec Real Estate Forum Topic: Questions About BiggerPockets and Official Site Announcements Topic: Raleigh Real Estate Forum Topic: Rapid City Real Estate Forum Topic: Real Estate Agent Forums Topic: Real Estate Crowdfunding Forums Topic: Real Estate Deal Analysis and Advice Topic: Real Estate Development & New Home Construction Topic: Real Estate Events and Happenings Topic: Real Estate Guru, Book & Course Reviews and Discussions Topic: Real Estate Investor Marketing Help & Advice Topic: Real Estate News & Current Events Topic: Real Estate Not-So-Successful Stories Topic: Real Estate Quizzes Topic: Real Estate Rookie Podcast Topic: Real Estate Success Stories Topic: Real Estate Technology, Social Media & Blogging Topic: Real Estate Wholesaling Questions & Answers Topic: Rehabbing and House Flipping Topic: Reno Real Estate Forum Topic: Renters Discussion Topic: Rent to Own a.k.a. Lease Purchase, Lease Options Topic: REOs Topic: Rhode Island Real Estate Q&A Discussion Forum Topic: Richmond Real Estate Forum Topic: Rio Grande Valley Real Estate Forum Topic: Riverside Real Estate Forum Topic: Rochester Real Estate Forum Topic: Rockford Real Estate Forum Topic: Sacramento Real Estate Forum Topic: Saint Paul Real Estate Forum Topic: Salem Real Estate Forum Topic: Salt Lake City Real Estate Forum Topic: San Antonio Real Estate Forum Topic: San Diego Real Estate Forum Topic: Sandy Springs Real Estate Forum Topic: San Francisco Real Estate Forum Topic: San Jose Real Estate Forum Topic: San Luis Obispo Real Estate Forum Topic: Santa Fe Real Estate Forum Topic: Saskatchewan Real Estate Forum Topic: Savannah Real Estate Forum Topic: Scottsdale Real Estate Forum Topic: Seattle Real Estate Forum Topic: Short Sales Questions Topic: Short-Term and Vacation Rental Discussion Topic: Shreveport Real Estate Forum Topic: Sioux City Real Estate Forum Topic: Sioux Falls Real Estate Forum Topic: South Bend Real Estate Forum Topic: South Carolina Real Estate Q&A Discussion Forum Topic: South Dakota Real Estate Q&A Discussion Forum Topic: Southeast NC Real Estate Forum Topic: Spokane Real Estate Forum Topic: Springdale Real Estate Forum Topic: Springfield Real Estate Forum Topic: Stamford Real Estate Forum Topic: Starting Out Topic: St. Louis Real Estate Forum Topic: Stockton Real Estate Forum Topic: St. Petersburg Real Estate Forum Topic: STR Strategies Under Travel Restrictions Topic: Surprise Real Estate Forum Topic: Tacoma Real Estate Forum Topic: Tallahassee Real Estate Forum Topic: Tampa Real Estate Forum Topic: Tax, Legal Issues, Contracts, Self-Directed IRA Topic: Tax Liens, Notes, Paper, & Cash Flows Discussion Topic: Tempe Real Estate Forum Topic: Tenant Screening Topic: Tennessee Real Estate Q&A Discussion Forum Topic: Texas Real Estate Q&A Discussion Forum Topic: Thornton Real Estate Forum Topic: Toledo Real Estate Forum Topic: Topeka Real Estate Forum Topic: Tucson Real Estate Forum Topic: Tulsa Real Estate Forum Topic: Tuscaloosa Real Estate Forum Topic: Upstate New York Real Estate Forum Topic: Utah Real Estate Q&A Discussion Forum Topic: Vancouver Real Estate Forum Topic: Vermont Real Estate Q&A Discussion Forum Topic: Virginia Beach Real Estate Forum Topic: Virginia Real Estate Q&A Discussion Forum Topic: Waipahu Real Estate Forum Topic: Waipahu Real Estate Forum Topic: Warren Real Estate Forum Topic: Warwick Real Estate Forum Topic: Washington D.C. Real Estate Q&A Discussion Forum Topic: Washington Real Estate Q&A Discussion Forum Topic: Waterbury Real Estate Forum Topic: Westchester County Real Estate Forum Topic: Western NC Real Estate Forum Topic: West Gulfport Real Estate Forum Topic: West Virginia Real Estate Q&A Discussion Forum Topic: Wichita Real Estate Forum Topic: Wilkes Barre Scranton Real Estate Forum Topic: Wilmington Real Estate Forum Topic: Wisconsin Real Estate Q&A Discussion Forum Topic: Worcester Real Estate Forum Topic: Wyoming Real Estate Q&A Discussion Forum Topic: Yukon Real Estate Forum
Create post

Buying my 4th SF home in Austin, Texas. Paying 🍺s 4 advice

53 Replies

  • Share on Facebook
  • Share on Twitter
  • Share on LinkedIn
Rotate Log in or sign up to reply
user profile avatar
  • Posts 26
  • Votes 18

Josh Twaddle
Rental Property Investor from Austin, TX

posted about 1 year ago

I am a buy and hold investor of three single family homes (4th currently under contract) and feel a lack of community in terms of likeminded investors as myself. Would really enjoy to grab a beer to share stories and learn from others in Austin, TX. 28 year old, born and raised in Spain and newlywed. There has to be someone else out there!

Rotate Log in or sign up to reply
user profile avatar
Check Rosette Top Subjects:
Flipping and Residential
  • Posts 716
  • Votes 423

Bryan Noth
Realtor and Investor from Austin, TX

replied about 1 year ago

Welcome to BP @Josh Twaddle and congrats on the 'newlywed' status. 

I am a little confused by your statement:

lack of community in terms of likeminded investors as myself. 

First, Austin is probably one of the better cities in the US for finding said people.  I would believe it is more challenging at age 28 on a peer level.  Unfortunately, the pool of people who have both the knowledge or education AND have taken action on that real estate education is smaller.  Not to mention access to funding, etc. 

Second, you are posting on the world's largest real estate education website with tons of people who have exactly that mindset!  I promise they are out there, keep looking and have patience. 

And I am curious, what area are you investing in and how have those SFRs done for you?


Rotate Log in or sign up to reply
user profile avatar
  • Posts 26
  • Votes 18

Josh Twaddle
Rental Property Investor from Austin, TX

replied about 1 year ago

@Bryan Noth thanks for the reply! Awesome to see you are in Austin as well!

Currently have 2 properties in Round Rock, 1 in Cedar Park and the newest acquisition will be in Austin. Two of the properties I rent by room in order to get a positive monthly cash flow ($200-300/house). On the third property I break even as I am renting the entire home.

How many properties do you currently have currently? Are each of yours cash flow positive?

Thanks for connecting!

Josh

Rotate Log in or sign up to reply
user profile avatar
  • Posts 5
  • Votes 1

Gurmohanjit Singh
from Austin, TX

replied about 1 year ago

@Josh Twaddle welcome to BP. I am fairly new to Austin and in search of my first rental here.

Rotate Log in or sign up to reply
user profile avatar
  • Posts 26
  • Votes 18

Josh Twaddle
Rental Property Investor from Austin, TX

replied about 1 year ago

@Gurmohanjit Singh that’s awesome! What area of Austin are you interested in?

Rotate Log in or sign up to reply
user profile avatar
  • Posts 5
  • Votes 1

Gurmohanjit Singh
from Austin, TX

replied about 1 year ago

@Josh Twaddle I am looking into North Austin as I am in Round Rock.

I see all your properties are North Austin, where you buying the 4th one?

Rotate Log in or sign up to reply
user profile avatar
  • Posts 26
  • Votes 18

Josh Twaddle
Rental Property Investor from Austin, TX

replied about 1 year ago

@Gurmohanjit Singh I highly recommend finding one close to the domain or on partner lane as it will be minutes away the new $5B Apple Campus. I have one in Chisholm Valley and one in Cat Hollow (both are 8 minutes from Apple)

Rotate Log in or sign up to reply
user profile avatar
  • Posts 5
  • Votes 1

Gurmohanjit Singh
from Austin, TX

replied about 1 year ago

@Josh Twaddle thank you so much. Will definitely consider that.

Rotate Log in or sign up to reply
user profile avatar
  • Posts 5
  • Votes 1

Gurmohanjit Singh
from Austin, TX

replied about 1 year ago

@Josh Twaddle looking for realtors who can help me with the process.

Rotate Log in or sign up to reply
user profile avatar
  • Posts 26
  • Votes 18

Josh Twaddle
Rental Property Investor from Austin, TX

replied about 1 year ago

I recommend Mark Ponton  from Realty Austin

Rotate Log in or sign up to reply
user profile avatar
  • Posts 16
  • Votes 8

Elizabeth Hernandez
Real Estate Agent from Austin, Tx

replied about 1 year ago

Hi @Josh Twaddle , sounds like we are in a similar investing stage.  I completely understand where you are coming from- there are many opinions and it could be difficult to focus. I bounce back and forth San Antonio to Austin but would be interested in meeting and understand how your investing experience is going. I'll PM you.

-Elizabeth

Rotate Log in or sign up to reply
user profile avatar
  • Posts 26
  • Votes 18

Josh Twaddle
Rental Property Investor from Austin, TX

replied about 1 year ago

Thanks Elizabeth for reaching out! Great to see you are also in the same stage would like to pick your brain when you are time. Let me know how I can help as well! Cheers!

Rotate Log in or sign up to reply
user profile avatar
  • Posts 5
  • Votes 7

Shinwon Moon
Rental Property Investor from Killeen, TX

replied about 1 year ago

@Josh Twaddle

I invest a little north of where you are (I have 5 MFH in the Killeen area), but I have started venturing south. I recently got under contract for an SFH in Georgetown.

Rotate Log in or sign up to reply
user profile avatar
  • Posts 1
  • Votes 2

Jamie Mayberry
Rental Property Investor from Killeen, TX

replied about 1 year ago

@Josh Twaddle

Hello Josh, there was an investor meet up event in Austin yesterday. It was my first time attending but glad I was able to connect with others! These particular meet ups happen on the first and third Thursdays of the month. It’s on the “events” page on the site.

Rotate Log in or sign up to reply
user profile avatar
Check Rosette Top Subject:
Residential
  • Posts 262
  • Votes 407

Junior Soares
Contractor from San Jose, CA

replied about 1 year ago

@Josh Twaddle

Welcome to the forum Josh! We are moving to Austin end of 2020 but we currently have 5 units in ATX with an offer on a duplex awaiting to hear from owner. Would love to connect with you when we finalize the move

Junior

Rotate Log in or sign up to reply
user profile avatar
  • Posts 3
  • Votes 1

Srinivas Mudireddy

replied about 1 year ago

@Junior Soares

I heard typical rent for duplexes in Austin is at 0.6% of purchase price. Is that what you expect for your duplex?

Thanks,

Sri

Rotate Log in or sign up to reply
user profile avatar
Check Rosette Top Subject:
Residential
  • Posts 262
  • Votes 407

Junior Soares
Contractor from San Jose, CA

replied about 1 year ago

@Srinivas Mudireddy

The one I'm picking up is right at 1%. Off market

Rotate Log in or sign up to reply
user profile avatar
  • Posts 26
  • Votes 18

Josh Twaddle
Rental Property Investor from Austin, TX

replied about 1 year ago


Rotate Log in or sign up to reply
user profile avatar
  • Posts 26
  • Votes 18

Josh Twaddle
Rental Property Investor from Austin, TX

replied about 1 year ago

@Junior Soares

That’s amazing Junior! Congrats on taking on a duplex. Just read your investment descriptions and extremely happy you and your wifes success! I won’t be able to wait until you move here in late 2020!

My wife and I would love to get our hands on a duplex but have only been able to get our hands on SFH due the elevated cost in Austin. Would love to connect via phone sometime to here what you recommend about this new build we are under contract for as it will be our primary residence in central East Austin. Btw do you speak Portuguese?, going off your last name :)

Rotate Log in or sign up to reply
user profile avatar
Check Rosette Top Subject:
Residential
  • Posts 262
  • Votes 407

Junior Soares
Contractor from San Jose, CA

replied about 1 year ago

@Josh Twaddle

We can chat anytime brother text call whatever. We got super lucky with out 4plex in North Austin as I found the deal here on BP, our primary house is in Cedar Park on Butter Cup creek. The Duplex I'm offering is a little south.

And yes sir I speak Portuguese! I'm half Portuguese and half italian but I speak it almost fluently along with spanish of course

Rotate Log in or sign up to reply
user profile avatar
  • Posts 26
  • Votes 18

Josh Twaddle
Rental Property Investor from Austin, TX

replied about 1 year ago

@Junior Soares

I speak Portuguese too!! My wife is from Spain. Is there anyway you can move to Austin earlier... 😂

I’ll send you a private message now!

Abraço,

Josh

Rotate Log in or sign up to reply
user profile avatar
  • Posts 17
  • Votes 8

Brady Bitter

replied about 1 year ago
Hello Josh!

I live and invest in the Houston area. I have looked at Austin before since my wife and I like to spend a lot of time in that area (we are outdoorsy and dont enjoy the Houston swampland much).

I have always had a hard time finding good deals in the Austin area. I know San Antonio is a pretty good market, but nothing in Texas beats the greater Houston market from my experience. Cash flows are around $300/mo on average from what ive seen in the last 6 months (single tenant per property) though appreciation is a bit lower in Houston than other parts of Texas, in general. I dont invest for appreciation though and only consider that bonus on top of the other returns.

If you are looking for better cash flow, i recommend checking out some of the other Texas markets. Even DFW seems to have more to offer than Austin from what ive looked at.

Congratulations on getting married and on a great start to your investing career! Wish you all the best.

Rotate Log in or sign up to reply
user profile avatar
  • Posts 26
  • Votes 18

Josh Twaddle
Rental Property Investor from Austin, TX

replied about 1 year ago

@Brady Bitter

First of all congrats on all the investment success you and your wife have been able to accumulate! Austin is for sure the lifestyle city my wife and I love as well. Currently getting my cash flow through renting out single-family homes per room so we have six tenants so far for a first two homes. The only way was to get out of Austin and go a bit north to round rock and Cedar Park. Have you looked at those areas?

Rotate Log in or sign up to reply
user profile avatar
Check Rosette Top Subjects:
Rentals, Analyze Deals, and Single Family
  • Posts 129
  • Votes 86

Michael A.
Investor from Richmond, VA

replied about 1 year ago

@Josh Twaddle While I am not in TX, I did this in my home town and it was the single most rewarding thing I could have done! Good luck in your endeavors and in hearing sound advice in person from someone like minded!

Rotate Log in or sign up to reply
user profile avatar
Check Rosette Top Subject:
Tenants
  • Posts 812
  • Votes 748

Costin I.
Rental Property Investor from Round Rock, TX

replied about 1 year ago

@Josh Twaddle @Shinwon Moon @Elizabeth Hernandez @Gurmohanjit Singh  

May I suggest you checkout W2-RE meetup (next meeting in Jan 16th)?
https://www.biggerpockets.com/forums/521/topics/765085-how-to-invest-in-re-while-working-fte-w2-re-investing-meetup

And also APLBNM future meetings?
https://www.biggerpockets.com/forums/521/topics/774559-austin-private-lender-and-borrower-networking


 


Rotate Log in or sign up to reply
  • 1
  • 2
  • 3
Related Resources Buying & Selling Real Estate Discussion
Top 5 Tips for a Smooth and Stress-Free Home Sale
7 Ways to Get Your Offer Accepted in a Hot Market
4 Ways COVID-19 Has Changed Being a Real Estate Agent
How To Walk Through an Investment Property Like a Pro
The Million-Dollar Mistake I Will Absolutely Never Repeat
Resources Read, see, and learn more!
Link Real Estate Investment Calculators
Link BiggerPockets Blog
Link Path to Purchase
Link Mortgage Loans
Link Find a Contractor
Link Real Estate Agents
Link Hard Money Lenders
Link Real Estate Listings

Top Contributors

Joe Splitrock
Joe Splitrock
Sioux Falls, SD
8.3
Score
Thomas Ingrao
Thomas Ingrao
Jamestown, NY
7.64
Score
Dave Foster
Dave Foster
St. Petersburg, FL
6.26
Score
Steven Wilson
Steven Wilson
Columbus, OH
6.09
Score
Dan Maciejewski
Dan Maciejewski
PInellas County Largo, FL
4.29
Score

Buying & Selling Real Estate Discussion Trending Discussions

  • Buying a home WITHOUT an Agent...help!
    37 Replies
  • Confused on how a loan works?
    4 Replies
  • Amerisave Mortgage (Lender)
    8 Replies
  • Your favorite out of state area?
    7 Replies
  • Property value and taxes are way under what the asking price is
    5 Replies
Log in Sign up

Log in

Forgot password?

If you signed up for BiggerPockets via Facebook, you can log in with just one click!

Log in with Facebook

Or
btn_google_dark_normal_ios Created with Sketch. Continue with Google

Let's get started

We just need a few details to get you set up and ready to go!

Use your real name

Use at least 8 characters. Using a phrase of random words (like: paper Dog team blue) is secure and easy to remember.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.

Or
btn_google_dark_normal_ios Created with Sketch. Continue with Google

Why create an account?

Receive a free digital download of The Ultimate Beginner's Guide to Real Estate Investing.

Connect with 1,000,000+ real estate investors!

Find local real estate meetups and events in your area.

Start analyzing real estate properties, we do the math for you.

It's free!

Explore

  • Membership
  • Community
  • Education
  • Marketplace
  • Tools
  • FilePlace
  • REI Resources
  • Perks
  • Glossary
  • Reviews
  • iOS App
  • Android App

Company

  • About Us
  • Press
  • Advertising
  • Careers
  • Stats
  • Contact Us

Important

  • Editorial Guidelines
  • Terms of Use
  • Rules
  • Privacy
  • FAQ

Social

  • Facebook
  • Twitter
  • YouTube
  • Instagram
© 2004-2021 BiggerPockets, LLC. All Rights Reserved.