All Forum Posts by: Celine Crestin
Celine Crestin has started 2 posts and replied 88 times.
Post: New Biggerpockets member
- Real Estate Broker
- Austin, TX
- Posts 88
- Votes 91
Welcome to Austin! I lived in FL for 4 years and it was a great experience, but I love Texas too! Hopefully you find it a great new investment ground and home.
Post: Looking To Acquire Land For New Build Modular Homes
- Real Estate Broker
- Austin, TX
- Posts 88
- Votes 91
How much land are you looking for and what is your budget?
Post: 🔥 Off-Market Flip Opportunity — $320K Austin Property, $550K+ ARV
- Real Estate Broker
- Austin, TX
- Posts 88
- Votes 91
I have an off-market property that checks all the right boxes for a profitable flip in North Austin.
📍 Property Snapshot
-
Address: Confidential – inquire for address
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List Price: $325,000
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Size: 2,050 sq. ft.
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Layout: 3 bed | 2 bath | 1-story | 2-car garage
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Lot: Spacious yard in an established neighborhood
💰 Investment Highlights
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Conservative ARV: ≈ $550,000
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Potential Upside: Recent comps as high as $595,000+
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Equity Spread: ~$230K between purchase and resale price
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Low-risk structure: Single-story floor plan ideal for cosmetic updates and modern finishes
📊 Comparable Sales (Closed Nearby)
| Address | Sq Ft | Sold Price | Sold Date | $/Sq Ft |
|---|---|---|---|---|
| 11XXX TXXXXXX St | 2,064 | $525,000 | 6/26/25 | $254 |
| 11XXX HXXXXXX St | 2,259 | $564,873 | 10/8/25 | $250 |
| 11XXX N OXXX Dr | 2,214 | $595,000 | 6/11/25 | $269 |
**Please DM me for more info if interested**
Photos and Floorplan available upon request.
Post: SFH as a rental property in Buda TX
- Real Estate Broker
- Austin, TX
- Posts 88
- Votes 91
Quote from @Michael Navales:
Quote from @Budhavarapu Ranga:
Hi,
Me and my friend OOS have bought a new single family home in Buda TX as a rental investment. The idea is to expect a negative cash flow, however bank on the growth to achieve a good return. This is in the east side of Buda in 78610
Property price is around 340,000 and the monthly payment for 80% mortgage at 7.125% with property taxes (2.32%), HOA and Insurance comes out to around 2,600$
Rental comps suggest around 2200$ gross monthly rent.
Since we are two people, we can manage the negative cash flow together. However since this is our first rental, we are getting cold feet and suspicion that it might be a money pit or go wrong drastically. We ran numbers across several probabilities and it seemed like a safer bet when we purchased.
Experts, can you please chime in your opinion about this? Really appreciate your time.
Hi, i know this is an old post, but how is it going with your property? Considering the area
I am not sure how this poster's LTRs are going, but I own 2 in the area and have helped multiple investors buy and then lease their LTRs in the Buda/Kyle area as well - all are cash flowing. Feel free to message me (or text for faster response) if you have any questions or need assistance. :)
Post: How hard is it to add a shower?
- Real Estate Broker
- Austin, TX
- Posts 88
- Votes 91
I assume it is a pier and beam foundation based on the year built? Your difficulty and cost will be based on many factors. Is the property a 1 or 2 story? If 2 and the bathroom is on the second floor, the plumber will need to access the other plumbing/water lines and this could involve accessing walls and ceilings in various areas depending on your layout. Are you within city limits and are building permits required? This is an additional cost/step.
Your best bet is to consult with a few contractors to get some bids and go from there.
Post: SFH as a rental property in Buda TX
- Real Estate Broker
- Austin, TX
- Posts 88
- Votes 91
This is my market and I live and work in 78610. I'd be happy to chat and help you run numbers and answer any questions you may have about.
Post: A total newbie here
- Real Estate Broker
- Austin, TX
- Posts 88
- Votes 91
Quote from @Nusrat M.:
Quote from @Celine Crestin:
Quote from @Nusrat M.:
Quote from @Celine Crestin:
Congrats on getting ready to take the leap into RE investing! I also do fix and flips and my advice is GO FOR IT!! You will learn by doing and IMO there is no better way. Embrace that you will have ups and downs and success is never guaranteed, but you can hedge your bets by doing thorough market research on sales data, appraisals, costs of repairs, materials, etc. I always draft conservative plans so that there is plenty of room for error and market changes.
I do recommend partnering with an experienced flipper to help mentor you and/or a seasoned investor friendly agent who knows how to run the numbers to help guide you on your first deal so you make a smart purchase.
My other tip to you is a "cheap" house does not always equal a great flip opportunity. There are many other factors involved besides initial purchase price that will determine if the home can be a profitable flip.
Hope that helps and best of luck to you!
Those are wise words @Celine Crestin! I definitely need to find a mentor, and a stellar agent(s).
Oh yes, I started looking at dirt cheap foreclosures, and quickly realized that it may not be very wise to go for the cheapest, but as I said, still very very new, and basically just learning my ABCs, while you guys have your PhDs in REI.
You'll get there! Don't be intimidated - we were ALL new once. :) I started with a more "simple" (mostly) cosmetic fix on my first one and did almost all the work myself. Since I have scaled to bigger projects and sub out all the work. You got this!
Yes! I was thinking the same, starting with something that may not require a full gut rehab. I may message you in the future to annoy you a bit with questions, I hope you won't mind.
Of course, happy to help!
Post: A total newbie here
- Real Estate Broker
- Austin, TX
- Posts 88
- Votes 91
Quote from @Nusrat M.:
Quote from @Celine Crestin:
Congrats on getting ready to take the leap into RE investing! I also do fix and flips and my advice is GO FOR IT!! You will learn by doing and IMO there is no better way. Embrace that you will have ups and downs and success is never guaranteed, but you can hedge your bets by doing thorough market research on sales data, appraisals, costs of repairs, materials, etc. I always draft conservative plans so that there is plenty of room for error and market changes.
I do recommend partnering with an experienced flipper to help mentor you and/or a seasoned investor friendly agent who knows how to run the numbers to help guide you on your first deal so you make a smart purchase.
My other tip to you is a "cheap" house does not always equal a great flip opportunity. There are many other factors involved besides initial purchase price that will determine if the home can be a profitable flip.
Hope that helps and best of luck to you!
Those are wise words @Celine Crestin! I definitely need to find a mentor, and a stellar agent(s).
Oh yes, I started looking at dirt cheap foreclosures, and quickly realized that it may not be very wise to go for the cheapest, but as I said, still very very new, and basically just learning my ABCs, while you guys have your PhDs in REI.
You'll get there! Don't be intimidated - we were ALL new once. :) I started with a more "simple" (mostly) cosmetic fix on my first one and did almost all the work myself. Since I have scaled to bigger projects and sub out all the work. You got this!
Post: Where are the low priced windows? (Austin, San Marcos, San Antonio)
- Real Estate Broker
- Austin, TX
- Posts 88
- Votes 91
I used Window World of Austin on my last flip for a whole home replacement and they turned out great and were the most affordable option I found. You may also want to check Menards (online) - I ordered doors from them due to stock issues and pricing in our area on my last flip and they were good quality, excellent customer service and still more affordable despite shipping costs. Hope that helps! Share your flip when you're done; I love a good before & after! :)
Post: A total newbie here
- Real Estate Broker
- Austin, TX
- Posts 88
- Votes 91
Congrats on getting ready to take the leap into RE investing! I also do fix and flips and my advice is GO FOR IT!! You will learn by doing and IMO there is no better way. Embrace that you will have ups and downs and success is never guaranteed, but you can hedge your bets by doing thorough market research on sales data, appraisals, costs of repairs, materials, etc. I always draft conservative plans so that there is plenty of room for error and market changes.
I do recommend partnering with an experienced flipper to help mentor you and/or a seasoned investor friendly agent who knows how to run the numbers to help guide you on your first deal so you make a smart purchase.
My other tip to you is a "cheap" house does not always equal a great flip opportunity. There are many other factors involved besides initial purchase price that will determine if the home can be a profitable flip.
Hope that helps and best of luck to you!