All Forum Posts by: Tyler Austin
Tyler Austin has started 6 posts and replied 35 times.
Post: Best Austin brokerage / starting off as an agent in Austin
- Posts 40
- Votes 24
I'm a licensed agent in Austin, TX looking for recommendations on a brokerage to join. I have experience as an agent in Dallas and Brooklyn, NY, but recently relocated to Austin. I would love to hear from some agents in Austin that can recommend a brokerage based on experience. I'm looking forward to hearing from some of you and thanks in advance!
Post: This is how to find the HOT markets in your area for FREE
- Posts 40
- Votes 24
Great and effective tip. Just to clarify - this pulls up only cash transactions, not transactions on the retail market?
Post: Looking to buy an Apt complex in Central Texas area
- Posts 40
- Votes 24
Originally posted by @Taylor J.:
@Account Closed That is good to know. I guess you don't think about those kinds of things unless you have experience. Thank you for the insight.
Did you end up purchasing something?
Post: Buying Multi-Family from the Housing Authority
- Posts 40
- Votes 24
Originally posted by @Taylor J.:
Does anyone have any experience in buying Multi Family properties from their local housing authority?
I have targeted a couple of properties I would like to inquire about and would like to know if they sell many properties and what the process is. Any help or suggestions are appreciated!
Did you end up buying an apartment complex? How did the process go?
Originally posted by @David Kelly:
If it didnt sell at auction, i'd be curious as to why i didnt sell. Is it forclosed on by the bank? Was there a second mortgage involved? Is it a back taxes property? Was the opening bid by the bank second mortgage agent to high for it to be worth it?
Land is a great resource but id be wary of whether its truly below market if it didnt sell at auction.
This all being sold by my local county tax office. The total asking price is the combination of "Taxes, Penalties & Interests and costs".
If they're being sold at a price just to cover what they owe, if there has been appreciation in the area surrounding the lot I don't see why it couldn't be a deal. I'm just concerned about the double close and basically the process of buying and reselling it.
This may not be an opportunity, but wondering if anyone has any experience reselling foreclosed land to end buyers?
My literal question: I found land offered by my county that did not sell at foreclosure auction so is offered for resale. If one is selling below market, is it possible to essentially wholesale these to an investor or builder? Does anyone have experience doing this?
Post: Veterans Land Board, Foreclosed Land Sales
- Posts 40
- Votes 24
Did this go anywhere?
Post: How New Western Acquisitions Made Me Lose my Life Savings ($70k)
- Posts 40
- Votes 24
In all honesty... I feel a more accurate headline for this post is “How I Made Me Lose My Life Savings”
Post: Wholesaling pre-foreclosures around Austin, TX
- Posts 40
- Votes 24
I’d love to get to know some of the people that handle this kind of strategy here in Austin. Just seeing who is out there that is open to talking!
Originally posted by @Sergio Aguinaga:
@Tyler Austin the correct answer is recording a memorandum of option. This clouds the title and makes it unable for the seller and cash buyer to close a transaction without your notice, since the title is clouded.
Ok. Thanks man.