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Updated almost 6 years ago on . Most recent reply

User Stats

246
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159
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Robert Tinker
  • Rental Property Investor
  • Round Rock, TX
159
Votes |
246
Posts

Multifamily in Austin Tx

Robert Tinker
  • Rental Property Investor
  • Round Rock, TX
Posted

So far all duplexes and 4 plexes I've come across in Austin are a no go when I run the numbers using Bigger Pockets calculators. Usually several hundred negative. Any thoughts out there. Looks like one would need a huge down payment to actually get any cash flow. But then your ROI isn't that great. Should I look out of town?

Most Popular Reply

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317
Posts
256
Votes
Stephen Stokes
  • Rental Property Investor
  • Austin, TX
256
Votes |
317
Posts
Stephen Stokes
  • Rental Property Investor
  • Austin, TX
Replied

@Robert Tinker

I am a buy and gold investor in Austin. Finding cash flow opportunities requires value add opportunity. Don’t expect to get cash flow without putting some work into the property.

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