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All Forum Posts by: Julia Lyrberg

Julia Lyrberg has started 0 posts and replied 296 times.

That sounds like a tough spot to be in! You might want to chat with a landlord-tenant lawyer to get clarity on your rights, especially around the common areas and possibly updating her lease. Even though she’s got an emotional support animal, you could still set some ground rules for cleanliness and respectful use of shared spaces. Adding fines for breaking those rules could help too, as long as it’s within the local guidelines.

Post: My first project all by myself

Julia LyrbergPosted
  • Lender
  • TX
  • Posts 308
  • Votes 192

That's impressive—looks like your hard work is paying off! If you're planning to hold onto this property, I'd be happy to help with a long-term DSCR refinance!

Post: Complete Rehab and Hold/Rent

Julia LyrbergPosted
  • Lender
  • TX
  • Posts 308
  • Votes 192

Great work Marshall!

Post: Anyone in Austin, TX?

Julia LyrbergPosted
  • Lender
  • TX
  • Posts 308
  • Votes 192

Investing in Austin's real estate market can be challenging due to high property prices and market saturation. I'd recommend looking at other markets unless you find a really good deal!

Post: Tips to Finding Distressed Properties: Help a Rookie Out

Julia LyrbergPosted
  • Lender
  • TX
  • Posts 308
  • Votes 192

I'd recommend joining local Facebook Groups! 

Is the majority of the property's square footage residential? If so, we may be able to assist on the DSCR side.

I'd recommend checking local Facebook Groups!

Plenty of Wholesalers looking to connect with buyers.

Post: How can an Owner-Occupied single family home be an investment?

Julia LyrbergPosted
  • Lender
  • TX
  • Posts 308
  • Votes 192

Congrats on your first rental property! Buying a duplex to house hack—living in one unit while renting the other—could be a great move if you want to keep building your portfolio. It helps with cash flow and offsets your mortgage costs while you gain more experience as a landlord. A single-family home can still be an investment if it appreciates or if you plan to rent it out down the line, but a duplex gives you that built-in rental income right away.

Keeping it as a rental sounds like a solid option, especially with the low mortgage balance and high rental potential. With local rents around $1,500, you’d likely cash flow after covering expenses, and you’ll keep building equity in a property that’s already in great shape. Plus, holding onto it gives you a buffer if the market shifts.

Post: Fear Of Success & Failure

Julia LyrbergPosted
  • Lender
  • TX
  • Posts 308
  • Votes 192

You’re definitely not alone in feeling this way—success and the pressure to achieve it can bring a lot of anxiety, especially when you’re just starting out. The fact that you’re aware of it and taking small steps is huge! A lot of people deal with the same fear of taking the leap. Try focusing on one small, manageable task at a time, like researching one specific part of wholesaling, so it doesn’t feel overwhelming. Consistency comes with time, and you’ll get there.