All Forum Posts by: Katie Hanner

Of course, being from Austin, I'm partial to the idea of house hacking here - it's a great place to live!   I would say the challenge in the Austin market is just the initial price point in the area.   There's a wide range of perspective and expectations with new investors...so depending on your goals, one market may really favor you over the other.   I'm pretty direct when talking to investors about my area...because some goals it really isn't an ideal environment for and they may see better success in other markets for what they are wanting.  Be sure to talk to professionals who are going to be straight with you and not just try and make a "sale".  Ask lots of questions and get to know the area...especially if you're considering living there too ;)   Don't hesitate to reach out if you want to talk Austin!

Chris- I’m a broker here in Austin and work with many investors, both local and out of state.  I would be happy to talk with you more about your investing goals and see how Austin properties might fit in with those in addition to connecting you with some solid resources.  Don’t hesitate to reach out!

You'll want to be sure to consider Austin's ordinances on short term rentals as well:  
https://www.austintexas.gov/str

https://austintexas.gov/sites/default/files/files/...

Do you mind me asking the geographical area that is 30 minutes outside of Austin?  

Congrats @Darius Heads - it sounds like you have a lot of great tools in your "toolbox"!   I am a broker/agent/investor here in Austin.  The BP community is the best with a lot of great advice.  Of course, please don't hesitate to reach out if I can be of assistance to you personally.

@Peter Shaw, I would be careful of overestimating your rental projections in these two neighborhoods.  Just doing a quick search on homes that have rented in the last year in/near those two neighorhoods, that projection looks to be anywhere from $200-$500/month high, which could really effect your cash flow.

I'm a Broker/Agent/Investor here in Austin -- would love to connect!  

@Lisa Rodgers you may want to look into whether a Series LLC would work for you too.