All Forum Posts by: Vik J.

Hi @Prasad Katta - how long ago did you buy?

@Joe Scaparra - thank you! I'll look into those new areas.

@Jacob Pereira - thanks for the great insights. I didn't imply in my original post that there is no appreciation in N Texas. I just saw that houses were more expensive, and in some cases, rents equal to or less than the mortgage.

@Joe Scaparra and @Robert Eyers , thank you both very much for your opinion. One final question to all 

Thoughts on Pflugerville?

@Neil Narayan - Mate, what's your take on Liberty Hill? Do you agree with my cousin's assessment?

@Steve R. - I'm curious - why would you want to sell versus renting at a higher price (more cash flow, more appreciation) when the Apple campus comes up?

Good day Austin BP!

I'd like to invest in an SFR in the Kyle/Buda/San Marcos area (I already own a rental in Leander. Whilst it's appreciated and I positive cash flow on it, there's no value in buying rentals in the Austin central and north area now). I'd even considered Liberty Hill but my cousin told me that whilst it's a great place to own, it may not be the best for rental investments.

So..... here I am looking at the southern corridor.  

1. Any advice on which of the 3 areas (Kyle - Buda - San M) would offer a better ROI? (ROI for me being primarily - appreciation/growth and then cash flow). Monthly payments seem $1450'ish for a 3/2 SFR whilst rent on realtor.com is in the 1550-1650 range.

2. How soon do houses in these areas rent?

3. Any upcoming 'big thing' (like a new big company campus, or a mall) that may add value and spike up the prices?

2.

Thanks @Ryan Groff! I may reach out to you soon. I've never considered doing a BRRRR remotely!

I started looking at homes on realtor.com in Irvington, Perry Manor and Fountain Sq. Are most houses (below $250K) built in the 1900s?! I hardly saw any new constructions! Or, less than 5 years old, for that matter. I'm not specific about age...but I don't know how good a 1900s home would be as an investment.

Thank you all for your advice. Looks like I have some homework to do!

Good day everyone, I'm looking at investing in rentals ("buy and hold") in the I'polis area. What are some good areas I can invest in for decent cash flow? I'm targetting the good school district areas (West LaF? Carmel?). I saw threads here with similar questions but they are 3 years old...so I started a new thread to get the latest updates.