Austin, Texas market for young investors

[Jalen Henningsen]

Hi everybody! I am searching for a great city that can offer a young guy great potential to get started in multi-fam and apartments investing. I've heard a lot of great stuff about Austin, but it seems that it has already hit its big boom and might be expensive for a beginner. I just wanted to hear everyone's thoughts on Austin for young investors, and if you would have some better cities in mind please share!

[Bruce Petersen]

I also live in Austin and I'm able to consistently find deals that provide an 8-10% first year investor return but I'm typically buying 200-300 unit properties.