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All Forum Posts by: Neil Narayan

Neil Narayan has started 221 posts and replied 630 times.

Post: 4 mammoth projects to watch in Williamson County

Neil NarayanPosted
  • Real Estate Broker
  • Austin, TX
  • Posts 652
  • Votes 501

A shopping mecca five times bigger than Lakeline Mall, a 21st century mega-factory, an ever-growing Apple campus and a somewhat secret but sizable spot occupied by Tesla.

With a population increase from 2020 to 2023 of 14.5%, Williamson County is clocking more new residents than all other counties in this fast-growing region.

Post: Big expansion on tap for Tesla gigafactory near Austin

Neil NarayanPosted
  • Real Estate Broker
  • Austin, TX
  • Posts 652
  • Votes 501

Tesla Inc. appears to be on the verge of a major expansion of its huge factory in eastern Travis County, with recent filings indicating the Elon Musk-led company intends to add 5 million square feet to it — a 50% increase from its current size of 10 million square feet.

Post: Austin airport proposes new plan to nearly double in size

Neil NarayanPosted
  • Real Estate Broker
  • Austin, TX
  • Posts 652
  • Votes 501

100% agree! I was at the airport yesterday and even with clear and pre-TSA the lines are atrocious. 

Post: Austin airport proposes new plan to nearly double in size

Neil NarayanPosted
  • Real Estate Broker
  • Austin, TX
  • Posts 652
  • Votes 501

I agree with @Brandon Rizzo I think the supply will normalize as the migration to Texas has not slowed down and as builders make correction to a more balanced supply and demand (along with interest rate improvement) housing market will be better. Long term I am very bullish on Austin due to the net migration and the number of businesses investing here. 

Post: Austin airport proposes new plan to nearly double in size

Neil NarayanPosted
  • Real Estate Broker
  • Austin, TX
  • Posts 652
  • Votes 501

I personally like to have a mix of STR and LTR so that my portfolio is well diversified but my preference is LTR as I tend to focus more on appreciation than cash flow. I believe that this aligns well with the long term growth of Austin. I have not tried MTR as I have not seen the need to but it works well for some people based what I have seen on BP.

Post: Austin airport proposes new plan to nearly double in size

Neil NarayanPosted
  • Real Estate Broker
  • Austin, TX
  • Posts 652
  • Votes 501

Much needed relief ...

Austin-Bergstrom International Airport is rolling out a new multimillion dollar expansion plan, the largest expansion in its history.

AUS is poised to nearly double in size with the expansion, which is part of the Journey with AUS program.

AUS has seen an increase in passengers, with more than 20 million travelers walking through its doors every year since 2022, says the airport. The Journey with AUS program aims to accommodate those millions of flyers as the numbers increase.

Post: Social media company X cites Bastrop address as its official headquarters

Neil NarayanPosted
  • Real Estate Broker
  • Austin, TX
  • Posts 652
  • Votes 501

Thanks Jasper, appreciate the stats on the Fortune 500 HQs. I a big believer in the outlook of central Texas and continue to invest here. So far it has worked out :)

Post: Social media company X cites Bastrop address as its official headquarters

Neil NarayanPosted
  • Real Estate Broker
  • Austin, TX
  • Posts 652
  • Votes 501

Musk's Hyperloop Plaza already houses manufacturing and office spaces for a number of his companies. Local facilities of The Boring Co. and Space Exploration Technologies Corp., both of which he founded and leads, are there, and last month X named Bastrop as its headquarters

Post: Google says it'll invest $1B this year in Texas

Neil NarayanPosted
  • Real Estate Broker
  • Austin, TX
  • Posts 652
  • Votes 501

Google LLC announced Aug. 15 plans to invest more than $1 billion in Texas this year, its latest strategic goal focused on supporting cloud and data center infrastructure.

Some of that investment will go directly into the technology giant’s data center campuses in Red Oak and Midlothian, both south of Dallas, which are helping the company meet the increasing demand for cloud and artificial intelligence services. This capital outlay will boost California-based Google's total investments in Texas to more than $2.7 billion, the company announced Aug. 15.

Another Alphabet subsidiary, Verily Life Sciences LLC, recently announced plans to relocate its headquarters to Dallas.

Post: Is 2% rule even possible in Austin, TX in 2024?

Neil NarayanPosted
  • Real Estate Broker
  • Austin, TX
  • Posts 652
  • Votes 501

Even 1% rule is not achievable in Austin for the most part unless you doing some non-traditional.