Cash Flow in Austin TX with Rent By the Room Houses (how to)

[Dakota Mivshek]

How do you cash flow in a market like Austin, TX? It's obviously not easy, but it's possible. Register online at meetup.com and tune in to learn the ins and outs of rent by the room. Hosted by @Victor Steffen - Agent & Seasoned investor who has been capturing double digit appreciation + Cash flow on his investments in Austin, TX via the rent by the room model. Co-hosted by myself, Dakota, who helps lead up Growth for Bungalow - the only property manager in the country that specializes in rent by the room management.

All attendees will have a chance to introduce themselves and what they are working on, from there, the moderators will present for 30 minutes on how to make the model work and pitfalls to look out for. There will be time at the end for Q&A. Hope to see y'all there!

Zoom below or at Meetup link above.

https://zoom.us/meeting/regist...

[Jay Hinrichs]

Originally posted by @Victor Steffen:

@Jay Hinrichs

Do you own houses that you rent by the room or still implement this model?

NO I dont but this has been going on for years in Silicon Valley you know a 4 bed rancher that sells for 2 million.. 

8 Apple engineers two to a room paying 1k to 2k a month..  

I tried it out in Atlanta and it was a CLUSTER of epic proportions .. cant do this with lower income.. just a nightmare at least that was my personal experience.   Since Austin is going to be another mini silicon valley type growth area it could work.