All Forum Posts by: Austin Sine

@Justin Webber-Blackwell Celina is in the direct path of progress. Prosper is McKinney 10-15 years ago and Celina is Prosper 5 years ago. There are dozens of new high end communities popping up all over the place including a $1B residential community. Very easy commute with so many HQ moving to Plano/Frisco. 

Hi @David Cheng - trendy area with city investment and incentives for investors. Long-term I don't think you can go wrong here. However, it's a supply game when thinking about rent growth and appreciation. There has been in influx of new supply over the last few years and an influx of active capital (e.g. competition). A bit pricey in most cases but there are deals that make sense.

In short, if you can find a competitively priced deal and you're investing with a long-term time horizon than I think it will be a fruitful investment.

Hi @Omar Gonzalez -- I have heard great things about the Michael Blank SDA. 

If you're are strictly looking to learn - there's no better way than building a simple model from scratch. You will know it in and out. I recommend adventuresincre.com videos for guidance.

Keep it simple. Some of these models tend to over complicate things early on. Hope this helps!

@Norman Alsumairi Echoing everyone above to further drive the point. FHA deals are the most lucrative way to begin building wealth (while learning) in real estate. Keep in mind the deal doesn't necessarily need to cash flow or break-even. Reducing your monthly payment to that of what you would be renting for all while building equity is also a good deal.

Good luck!

@Ryan Hayhurst if cash flow is what you are after than the Midwest is a great place to start. Des Moines and Columbus are great markets.

I have put together a detailed analysis sheet the largest MSAs. Ranking them based on demand drivers, economic health and supply & demand. Feel free to dig in if you would like. 

@Jr Trotta I put together this which ranks all MSA's with populations greater than 450K. Rankings are based on Demand Drivers, Economic Health, and Supply/Demand KPI's. Could be helpful in narrowing down some targets. 

Good luck on your search 

If you are factoring in Economic Health, Growth and Supply/Demand into your decision this resource I have put together could be help.

Top 10 markets 2020

@Bryce Matheson @Don Spafford The macro numbers look fantastic and I imagine Idaho as a whole is seeing the benefits of California's high cost of living. 

We are looking at value add deals. Are there any neighborhoods you would specifically stay away from in Idaho Falls? Looks like the path of growth is directly East.

@Bryce Matheson @Don Spafford what size properties do you guys operate? Really like the Boise, Idaho Falls, Pocatello markets.