All Forum Posts by: Jason Perkins

Coming back in from Port A that afternoon but I hope to make.  Looking forward to meeting you all. 

I used hard money for the first deal I ever did and it worked out well with a few hiccups along the way due to some inexperience.  Hard money is expensive but can be a good tool to use if you are unable to raise private money. Run your numbers, and get yourself a reliable contractor that can come in on time and on budget.  The one issue I ran in to was that I was unable to refinance the property (was holding as a rental not a flip) as soon as I wanted to and that can get expensive. 

I agree with @Tyler Hogan on this one.  Temple in located right on the I35 corridor, is a nicer town than Killeen, and is seeing a good amount of new development in the area. 

@Julie Ann Sweeten Welcome!  There are many great resources on here to help you learn and accomplish your goals in real estate.  There is also a South Austin meet up that takes place every month for people like yourself that are interested in networking, and learning more about real estate investment put on by @Scott MacDonald that might be something you are interested in.  

If you want to connect just shoot me a message. I am an agent here in Austin as well as having experience as an investor.  Best of luck!

Great meeting with y'all this evening and learning more about what everyone has going on in their real estate investment journeys.  And lots of great information on the permitting process, definitely some must have knowledge for here in Austin.  Looking forward to next month already.

@Scott Fehrenkamp

I live in 78745 and know the area very well.  Shoot me a message and lets chat.

@Michael Solomon

Welcome back to Austin! Lots of great resources here to lean on in finding your first house hack. I specialize in working with investor clients here in Austin, let me know if I can help you in any way.

Welcome to Austin Caleb! 

Always revert to your numbers and the evaluation of the investment.  If it meets the criteria for a good investment at 310K, you are accounting for all expenses correctly, and the property is truly turnkey with no major capex in the foreseeable future then by all means go for it.  

Why do you think that 310K is overpaying? Was your 290 number just trying to hit a home run, or is that where the numbers actually make sense?

Looking forward to making it to this one!