All Forum Posts by: Stephen McDowell
Stephen McDowell has started 1 posts and replied 3 times.
Post: Greetings! New here! (Bay Area/Austin, TX)
- San Francisco, CA
- Posts 3
- Votes 2
@Account Closed Sorry, couldn't tag in the previous post!
Post: Greetings! New here! (Bay Area/Austin, TX)
- San Francisco, CA
- Posts 3
- Votes 2
I invest in Austin (From Killeen to S.A.) and I would say you have to decide if you want fast cash, cash flow or flips because each market offers different opportunities and challenges. Finding a multi in Austin will cost you and may not provide decent cash flow. What do you have in mind for an investment style?
I am going to focus on a cash flow property but I'm open to other possibilities. I'm not sure if I have the experience yet for an out-of-state flip. However, I am open to a greater area than just Austin and would be willing to search anywhere between Austin and SA or north to Round Rock, etc. Are there any areas that I would have a greater chance of finding a multifamily that would cash flow?
Post: Greetings! New here! (Bay Area/Austin, TX)
- San Francisco, CA
- Posts 3
- Votes 2
Hello everyone!
I'm new here but I've been listening to the BP podcasts for some time now as well as lurking around the forums for the past few weeks so I decided it was time to introduce myself! I live in San Francisco but am originally from Austin, TX and looking to invest in a multi-family property in Austin. I am a first time buyer, have excellent credit and great income. I am very familiar with the Austin area, however, I am new to real estate so any and all info is much appreciated!