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All Forum Posts by: Vik J.

Vik J. has started 11 posts and replied 134 times.

Post: It's official! Tesla picks Austin for next factory.

Vik J.Posted
  • Redmond, WA
  • Posts 134
  • Votes 65
Originally posted by @Ryan@Ryan Kelly:

@Vikram Jayaram It will be nowhere near Hutto. The plant will be in SE Austin in Travis County.

Thanks Ryan!

Post: It's official! Tesla picks Austin for next factory.

Vik J.Posted
  • Redmond, WA
  • Posts 134
  • Votes 65

@Jordan Moorhead - cheers mate. So what's the closest area I could look for? Webberville didn't give me anything.

Post: It's official! Tesla picks Austin for next factory.

Vik J.Posted
  • Redmond, WA
  • Posts 134
  • Votes 65

Thanks David. So I'll say that's like around Hutto area? (if I were looking on realtor.com)

Thanks Neil. I'm aware of that that rental investments always carry more risk than a primary owned home). What I was trying to say in my previous reply was: given that primary home int rates are falling, I thought the rental investment refi would also fall somewhat (and yes, still hgher than primary home refi  but they just haven't at all. 

Honestly, it's not made a difference when I want to refi a rental property. I can snag a deal for less than 3.5% but that means a lot of discount points. Why the difference?

Agree. Cities like NYC and SF will see a fall in both rent prices and real estate, but shouldn't affect places like TX cities, etc.

First off, does this article refer to buying real estate as a primary home or as an investment? I'd argue that unless you find an absolute gem in Round Rock (aka - in shambles and needs a lot of work), RR isn't the best place for a rental INVESTMENT. Also, per other posts on this forum, I gather that Kileen/Temple rentals take a while to find a tenant, etc. (so again, may not be the best).

Post: Final hurdles cleared for Telsa Gigafactory in Austin

Vik J.Posted
  • Redmond, WA
  • Posts 134
  • Votes 65
Originally posted by @Jordan Moorhead:

Hopefully we get word that they're going to commit soon! Elon has been known to change his mind.

I came in here to write the same! On a serious note, where do @Neil Narayan and all our forum gurus see rental markets heating up? East side? OR _____ ?

@Neil Narayan - I'm seeing new constructions in Leander more or less selling for like 5/10K more than a 2004/2005 built house. In that scenario, I'd pick the new home. A) the new ones have more updated styles (like wood or laminate flooring versus the bushy carpets) and more modern kitchens and bathrooms. In short, I look at those 2004/06 houses on sale ( the ones that haven't been remodelled) and I'm thinking "I wouldn't want to rent this place as it is now, and don't want to be arsed with all the remodelling being remote".