$5000 for down payment

Wednesday, December 19th, 2007

Sellers are dropping prices on Austin condos. Spend 5 minutes and check out The Belair. Undervalued, a motivated seller and under $200K gets you a totally functional living space that’s kinda cool and green.

If you need an extra $5000 towards the purchase price, drop an offer with me and I’ll personally put it toward a down payment of any condo at the Belair.

Cash flow does exist in Austin

Wednesday, December 19th, 2007

The phones are starting to ring again and the email inquiries are coming in from prospective investors who are considering purchasing investment property in Austin. The most common question we hear is, “can I buy a rental house in Austin that will provide positive cash flow with 10 or 20 percent down?”. My answer is “yes you can”.

As tempting as it is to only chase better cash flow, there is another thing to consider, appreciation. Smart investors in Austin are looking for properties with cash flow plus appreciation potential. They’re here, in Austin, right now. Some areas are growing at 29%.