All Forum Posts by: Nina Hayden

Dallas was insane, especially in 2014 and 2015!  It was all about Toyota moving here. Last year in July things began to shift.  Many realtors began to freak out.  I warned a lot of them to expect the same this past July. And now there are pockets where we are having 5.8 months of inventory.  We are still in great position, the market correction has been needed. 

78741 and parts of 78745 still strong: you have to know the area well to truly understand if you will have strong rental demand. I am not surprised to see rents price decrease  because it’s been evident with the saturation and new construction left and right; however, you can still cash flow in these 175k and less properties.  Then of course we have your typical slowdown as the holidays get near us. Daily almost every listing is coming back on the market, price decreased or expired. I love it!  I’m patiently waiting as the market in Austin begins to correct itself and price gouging isn’t going on. And don’t get me started on the saturation of crappy realtors.  As a true Austinite it’s frustrating. 

Perfect!  I’m half way through the book. It’s definitely interesting; but, I can see how it wouldn’t work as well in certain situations. 

Let me know @Will Parker, I am interested too! 

I know the area and it’s very close to A areas so yes, I can see why the pricing, etc.  But the only thing that I can think will attract solid renters there is because of the school.  And even then I just don’t see someone with money and kid(s) want to rent there. Neighborhood is so tucked away and  the home isn’t in top shape for that market to attract such tenant.   You’re better off finding another location.  

Where did you come up with the $1500 rental income for each?  You need more down payment, but even then, you’re going to be living in it so it won’t cash flow how you want it to. It will be a tenant paying a position of your mortgage.  Your value will be in holding and owning more house for what you pay.  

Thank you for the info, @Kris Wong

So no one uses an alarm system? 

Lol thanks for the chuckle!  

The one who stays several steps ahead of you!  This is something I find many can’t do properly.