All Forum Posts by: Jesse Kim
Jesse Kim has started 0 posts and replied 24 times.
Post: Austin, TX Wholesaling Lists
- Austin, TX
- Posts 28
- Votes 17
I believe I can help you out @Stefan Stankovic.
Post: Searching for Investment Real Estate Agent in Austin TX
- Austin, TX
- Posts 28
- Votes 17
Welcome to BiggerPockets @Rich Kleinhans! I believe I can help you out with that.
Post: Looking for First Rental Property in Sacramental CA or Austin TX
- Austin, TX
- Posts 28
- Votes 17
Welcome to BiggerPockets @Au Jia! I currently live in Austin, TX and have a decent grasp on the market trends and rental market here. Don’t hesitate to contact me directly for detailed responses to any inquiry!
Welcome to BiggerPockets @Tanner Simpson!
Post: Austin Vs Suburbs (RR, Leander, Cedar park, Pfuglerville)
- Austin, TX
- Posts 28
- Votes 17
Welcome to BiggerPockets @Aditya Namjoshi!
Post: Need referrals for investment property agent
- Austin, TX
- Posts 28
- Votes 17
Hey there @Sue Swami! I believe I know a few investor friendly realtors who can help you out with your search.
Welcome to BiggerPockets @Laurel DeSilvey!
Post: Investment-minded Buyer Agent in Austin Area?
- Austin, TX
- Posts 28
- Votes 17
Hey there @Jared Karns
What kind of investment properties are you looking for specifically?
Post: Needing help with first investment property
- Austin, TX
- Posts 28
- Votes 17
Welcome to BiggerPockets @Dave Mukherjee! I'd be happy to help you out.
Post: Is single family investing worth it in Austin?
- Austin, TX
- Posts 28
- Votes 17
@Miguel B. I work with plenty of investors who are still seeing decent returns in Austin. Sure the profit margin on your average fix & flip is a bit tighter but real estate investing is about adapting to change. The market in Austin is no longer producimg 30% ROI on flips or 1% returns on rentals unfortunately. It's a truth that many investors refuse to accept. But the savviest of investors will continue to find ways to minimize their costs (rehab, holding, realtor fees, etc.) in order to maximize their profits.
The buy and hold strategy in Austin is a good one as long as you can afford to do so long term. There are plenty of areas where properties will appreciate in value. Obviously conduct as much research and due-diligence prior to contracting and make sure the property cash flows at the very least.