Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Nicholas Jones

Nicholas Jones has started 1 posts and replied 3 times.

Post: Investor from Austin, TX

Nicholas JonesPosted
  • Austin, TX
  • Posts 3
  • Votes 1
Hi David, I just came across this post while looking for info on people living and working in Austin while investing in San Antonio. I am based in Austin and interested in investing in San Antonio considering how saturated Austin is at the moment. Can you give me some insights into what it has been like living in Austin and investing in SA? Would you say it is sustainable given the commute and uncertainties of a new city? Cheers! Nick

Hi All, 

Thanks so much for the feedback! This was actually my first post and I wasn't expecting anyone to reply so the response from the community is amazing.

It sounds like an appraisal isn't necessary so I will stick with the agent's comps and valuation. Just to be clear, I was considering hiring an appraiser after the house was under contract but before the deal closed. Let me know if y'all think this changes anything.

Cheers!

Hi All,

I am looking to buy a house to flip in the Austin area, and in addition to my contractor inspecting the property I am wondering if anyone thinks there is value in also having a professional real estate appraiser come to give a valuation on the house as well before we close the deal. My thinking is that the appraiser could confirm the exact market value of the house so we can know for certain if we are getting a good deal, even though it would not be required since we are not financing through a traditional mortgage. Is this a common or advisable practice for investors who are buying with cash?

Thanks for your help!