Top 20 Austin Texas by the #’s Feb 2022

I love sports and March Madness is upon us. The top 20 list doesn’t always make the Sweet 16. The final four is not usually the top 4 of the final rankings before the NCAA tournament. The takeaway: Past Performance isn’t an indication of the future. A team can get hot! A zip code can…

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Is there any wonder why multifamily is appreciating crazily in Austin Texas?

So, Austin Metro is still tops on the radar for many employers and employees. We are having a huge migration into the city. What is interesting to me is that the single family permits have increased but not enough in my opinion. The Duplexes and the fourplex permits have not increased relatively speaking. In fact,…

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Indicators of a Strong Economy in Austin texas

Population Growth: 2.8 % Annual Growth the last 10 years and projected to be even more in the next 10 years Job Growth: 3.3% in 2018. Adding 40,000 Jobs Annually Company Relocations: Big announcements and Lease Signings such as Apple Expansion with $1 billion and 3 million square feet of space with expectations of 5000…

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Screening for Tenants

We don’t take shortcuts to find a good tenant. Of course, we will take the legal application and run screening reports which will include credit, criminal and eviction reports. We will also contact the past landlords as well and I believe that is the most important. And not only do we contact the landlord we…

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3 bedroom 2 bath duplex with views of downtown for lease

  Newly remodeled. Amazingly unique property. Spacious. Bottom floor has 2 bedrooms and a bathroom. 2nd floor has wide open kitchen, living room and a deck. The backyard is accessible from the second floor. Huge windows with views. Third floor is the master bedroom with bathroom. Big backyard has storage shed. Close to UT shuttle.…

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Austin Texas has a “Millennial” population of 523,490

SANTA CLARA, Calif. – Austin is the third-best city nationally for recent college grads, according to a study from Realtor.com. Only Fargo, N.D., and Lincoln, Neb., ranked higher. Texas’ capital city has seen its population nearly double in the last quarter century. It now boasts a millennial population of 523,490. Home of the University of…

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Austin Texas added 32,700 jobs for a growth of 3.3%. Unemployment is 3.6%

AUSTIN – Austin added 32,700 net new jobs, growth of 3.3 percent, in the past 12 months. Transportation, warehousing and utilities was the fastest growing industry in the Austin MSA, increasing jobs by 6.4 percent (1,100 jobs). Over the past 12 months, education and health care added the most jobs—6,300 (5.5 percent). Austin manufacturing jobs…

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A Recent Purchase. We are keeping this one forever

Its a good one. We keep the good rental properties forever. We will keep you posted on the transformation on this property after we renovate it a bit.  Highest appreciating area in the city of Austin: 23%. Partnership deal. $400 cash flow. Return after refinancing: Infinite!

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