Updated about 7 years ago on . Most recent reply

Austin Vs Suburbs (RR, Leander, Cedar park, Pfuglerville)
I am new to BP and looking to buy my first investment property in Austin. Currently I have 1 investment property in San Diego and few in Pontiac Michigan.
I am confused between main Austin Vs suburbs like Round Rock, leander, Cedar park etc. I was looking at some condo's near south congress like http://www.coopervillas.com or https://www.grangewestgate.com/ or https://www.settlersoco.com/ Vs buying a SFR in one of these suburbs.
From a Rent to Price perspective there is not much difference between the two. Are there other pros and cons that I should look into?
Most Popular Reply

i would never buy in the city, especially a condo unless you have an ulterior motive or are buying your cash flow through down payment. If you run the numbers the high taxes/hoa dues do not work for rentals 95% of the time when compared to rents.
I like the outlying areas. Specifically CP, Leander, N Austin, etc... Better deals, less taxes, less hoa fees, higher demand due to affordability.
Msg me for more details. I can show you a few properties that fit my investment criteria that would work for you.
Danny Webber, MBA, Broker