Investing in Leander / RoundRock Austin areas
Thinking about investing in Leander / RoundRock / Georgetown / Cedarpark areas in Austin. Have following questions :
Is market renter friendly ? What is avg time house stays on market before getting leased?
Is it easy to sell given all new inventory selection potential buyer gets?
Is there a potential for appreciation aka next bay area like boom ?
What would give more return for down payment ? Investing in diff area OR this part of Austin?
Any Gotchas? Anything to be concerned or aware of about investing out of state?
Most Popular Reply
@Bryan Noth, You would have to buy right that's for sure. Though putting more down wouldn't be the way I would go. You'd have to put a LOT more down to lower your payment to offset the taxes. One of the reasons I went to Killeen instead for cash flow. But I do think that these areas will continue to appreciate for some time.