All Forum Posts by: Nina Hayden

We have had way worse for sure.  I know I’ve been saying but we are due for some colder temps and snow.  Dallas for sure getting snow as it’s always a ten degrees difference. Made the rounds making sure everyone is ok.  I had a sad situation whole during shelter in place and it has made me revisit how I handle my tenants, so I check in on them often. 

You don't buy a home off the MLS when the market is a sellers market. . Find an agent that knows Austin well enough to help you. I have three offers right now, none on MLS. None of my deals were purchased at full asking price.

LOL I always enjoy what realtors have to say.  The market isn’t healthy.  At all.  Every contract is multiple offers with over asking price. Please point to me the investors that are doing that???? Idiotic move.  The market will eventually correct and you’re going to see so many people sitting on homes with no equity.  And many angry people blaming the realtors. One more time: as an investor I do NOT buy on future speculation and I certainly won’t be buying over asking price.  Go sell to wanna be investors. But to me, I hold my money until a great deal comes up. That’s how investors work.  And why it’s such a rare thing to actually hire a realtor that’s investor friendly.  

And for us investor it’s not the time to buy.  

Then he’s not your friend if you have to come here. Or even someone you trust as a professional.  When it comes to business, it’s business and straight to the point for me.  

I know that many will discourage you form this for many good reasons as it’s not for everyone.  I can tell you that in my situation it was successful.  Only two properties and only held it for 3 years. Sold  before the crazy market. Tenants were great and zero issues. They had no plans of getting a better job as they didn’t want to lose their vouchers.  Getting those vouchers are very hard for them.  I don’t know how it is now.   I think it boils down to really knowing how to manage them, etc.  and being understanding of their situation and needs.  

Yes, call insurance broker. They will guide you and it won’t cost anything.  

Commercial and I recommend each one of you to get umbrella policy, they are inexpensive. But in order to get those your liability must be at min of 500k limits on auto, etc.  Just call a local  agency near you. 

Great question!  Let me know what you find out.  

I buy in Austin so big difference when people mention Hutto or even Round Rock. I try to stay close and not a nose bleed of a drive due to traffic!