Hi everyone, this is my first post here. I am looking to invest and meet likeminded investors/brokers/appraisers/contractors in Austin area. Feel free to say hi and send a message!
Welcome to BP, @Lei Lu ! You have a lot of company - both in terms of folks looking to invest in real estate - AND folks looking specifically at Austin. I wrote up a summary a few months ago, and the trends are even stronger now - you won't find cash flow unless you find something miraculous off-market. BUT all of the fundamentals that make Austin a GREAT appreciation play (if your capital can be patient) are still there and growing stronger.
@Lei Lu , Welcome! :)
Interesting development coming in Leander - should drive property values up when it is complete. https://www.bizjournals.com/au...
Yes Leander springs development + Northline development are both valued at billion dollar each. Going to be huge for Leander in the next few years. I would look at securing any recently built house within couple of miles of Leander station. Values will continue to appreciate there.
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you