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All Forum Posts by: Ryan Kelly

Ryan Kelly has started 16 posts and replied 1285 times.

Post: looking for real estate brokers that teach their agents to be investors themselves

Ryan Kelly
Posted
  • Real Estate Broker
  • Austin, TX
  • Posts 1,315
  • Votes 1,240
Quote from @Cristian Velasquez:
Quote from @Ryan Kelly:

@Cristian Velasquez to add on to what @Bruce Lynn said, KW also has a Wealth Mastermind you can join which teaches agents how to do any wealth building strategy they want from hard money lending, flipping, buy and hold investments, etc. It’s incredible.

Hey, Ryan! Thank you for your input. I didn't know they have wealth mastermind, that's pretty awesome. Have you ever been to one of their mastermind?


 I'm in their mastermind. It's actually an ongoing group you can join with weekly calls, in-person mastermind training, an online portal with tons of educational material and videos, etc. It's fantastic.

Post: looking for real estate brokers that teach their agents to be investors themselves

Ryan Kelly
Posted
  • Real Estate Broker
  • Austin, TX
  • Posts 1,315
  • Votes 1,240

@Cristian Velasquez to add on to what @Bruce Lynn said, KW also has a Wealth Mastermind you can join which teaches agents how to do any wealth building strategy they want from hard money lending, flipping, buy and hold investments, etc. It’s incredible.

Post: Best state for house hacking if you could move anywhere?

Ryan Kelly
Posted
  • Real Estate Broker
  • Austin, TX
  • Posts 1,315
  • Votes 1,240

@Elijah Skinner house hack where you want to live, can afford to live, and can reasonably find people you would be willing to live with (hence the house hack part). I would consider high job growth and population growth markets to give you the best opportunity for appreciation and demand over the coming decade. The most important step is to set a deadline and take action!

Post: Hello BiggerPockets! New PRO here

Ryan Kelly
Posted
  • Real Estate Broker
  • Austin, TX
  • Posts 1,315
  • Votes 1,240

@Alex Deng welcome Alex! I’m a local real estate broker and investor here in Austin. House hacking is a fantastic strategy in this market. Happy to connect anytime!

Post: Real estate strategy, MTR or Sell home

Ryan Kelly
Posted
  • Real Estate Broker
  • Austin, TX
  • Posts 1,315
  • Votes 1,240

@Adriana Siu if you can get $3500 cash flow and have a low interest rate, it should cash flow well. Typically, tenants will pay all utilities on long term rentals, so that comes off your plate. It will take a bit longer to lease a home currently, but if you bake that in, I’d keep it.

Post: 2nd Property after Primary Home

Ryan Kelly
Posted
  • Real Estate Broker
  • Austin, TX
  • Posts 1,315
  • Votes 1,240

@Tashanique Jones I’m an investor friendly broker here in Austin and happy to share updates on the market. Feel free to reach out. Nashville and Austin are both strong long-term markets.

Post: Rent Amounts Down in Austin Tx

Ryan Kelly
Posted
  • Real Estate Broker
  • Austin, TX
  • Posts 1,315
  • Votes 1,240

Any market and any property can cash flow. The question is, how much leverage is the investor using to purchase the property and at what interest rate. If people bought thin deals, then when the market drops they go under. However, if you purchase with a cash flow cushion already in place, you can ride out any down turn or slow down in the market. The chart is correct, Austin has overbuilt multifamily units and it will take a few years for the supply and demand balance to return.

Post: Are there still GOOD deals in Austin, Texas Anymore 😔

Ryan Kelly
Posted
  • Real Estate Broker
  • Austin, TX
  • Posts 1,315
  • Votes 1,240

@Jason Sousa Bell County continues to have a far better rent to purchase price ratio than the Austin metro as the price points are more affordable. Still a challenge to cash flow with a typical down payment, but they can be found with the right deal.

Post: Are there still GOOD deals in Austin, Texas Anymore 😔

Ryan Kelly
Posted
  • Real Estate Broker
  • Austin, TX
  • Posts 1,315
  • Votes 1,240

@Jordan Moorhead house hacking is working well in this environment. We're also getting some pretty sweet deals on new construction with closing cost incentives. If those don't work, you know I'm a fan of Bell County!

Post: Novel Investor Figuring It All Out

Ryan Kelly
Posted
  • Real Estate Broker
  • Austin, TX
  • Posts 1,315
  • Votes 1,240

@Simone Montague-Jackson you are on the right path and keep focusing on saving capital. I’m in Austin too and happy to connect. I’ve got several great property management recommendations in the area.