Condos/apartments in Domain area to Downtown

[Ceryn Chen]

Hi! My other thread was getting long. I am wondering what are some of the best communities/buildings to purchase either a condo or apartment in? I am looking to move to around the Domain area or to closer to downtown Austin. Looking for somewhere with less fees but a vibrant community and amenities (HOA fees are super high i heard?) + good appreciation potential. Thanks for helping!

[Joe Scaparra]

Hi Ceryn,

The question really is this:  Are you looking for lifestyle living for yourself, or, are you looking to build wealth with investment real estate.  Moving from LA to Austin might seem like a bargain and probably so, but if your looking to build wealth then you will do better with lower end properties that don't lose cash flow to HOAs or Condo association fees.  If you follow my different threads I post in, you will find that I really like small multi-family (duplexes) and I still think you can find value in that segment but probably not in a luxury or high amenity environment.  Cheers.