All Forum Posts by: Neil Narayan

Just FYI, Austin ranks #66 in the list of best cities to flip houses in :|

Not impossible to find, but certainly not easy (I see a good one once or twice a year). You will get contacted by a lot of wholesalers with flips but just do your due diligence. 

Sure give me a call as i need to understand what you are looking for first and then match up what the inventory here with your investment strategy and requirements

There are certainly locations in Austin MSA where you can cover PITI but folks buy in Austin because of the appreciation. You can go outside of Austin for more cash flow and the surrounding areas are appreciating as well just the quality of tenants in general are better in Austin.

Welcome back, look forward to meeting you :)

@Erin Elam I have never had any issues with SourceForge but you can also download directly from FileZilla

https://filezilla-project.org/download.php

Just FYI, FileZilla is a well know open-source free program that is widely used and highly rated. As long as you download it from a safe site e.g. SourceForge you should be good to use it.

I am partial to Austin as I live here and have benefited from the boom in the local real estate market, but here's some 3rd party data for affirmation :)

https://cbsaustin.com/news/local/austin-is-the-number-one-large-city-to-buy-a-house-in-according-to-new-study?fbclid=IwAR1GOV_RGj5dtRPZTWDDZOQg-C_IWICqZGfk7kz_xZP7CTPqCDcruplriwY

Permitting is a long and tedious process in Austin. I concur with others that you would be better off hiring a company that does this on a regular basis

I would use 10-15 day a month vacancy depending on how aggressive/conservative you would like to be. I am under 10 days for most months because I adjust my pricing to increasing my occupancy but if you go too low you will get low quality guests which may not be worth it.

The Austin-Round Rock metro area has been, and continues to be, one of the hottest real estate markets in Texas. Home prices are not coming down, inventory is staying low, and prices and appreciation values continue to rise. A robust leasing market in Travis and surrounding counties is indicative of a robust residential real estate market. Vacancy rate in the rental market has dropped to 6.4% in March 2018, down from 8.6% in 2010 🤯

https://myrealtyline.com/leasing-market-what-do-the-numbers-mean-for-home-sales/?fbclid=IwAR1UqyDku6zQ4QJC8BykK9DTMOKpcA6TlYiuvUKme8M8DbZqGLPG5LADEwc