Call us now:
Investment Properties That Cashflow in Texas?
As a real estate Investor, finding that lynchpin property – the one that will set the stage for building true wealth through passive income – is the holy grail.
In red-hot markets like Austin, discovering a cash-flow positive investment property can feel downright impossible at times. The hottest investment properties may not hit the MLS… ever. Or they get snatched up the moment they hit MLS, selling for well over asking price with multiple offers in hand. It’s happening today, despite whatever news channels saying.
It’s enough to make even seasoned investors want to pull their hair out!
But here’s the thing…
With the right mindset, the right team, and thinking outside the box, you CAN uncover those hidden gem properties that check all the boxes.
Recently, we helped our clients, a father and son team, do just that.
As a father, Dave (not his real name) decided to start investing in real estate alongside his son as a way to secure their family’s financial future. Dave Jr (also not his real name) came to me eager but overwhelmed trying to find the right investment property to start building his portfolio.
After dealing with two other Realtors who “ghosted him” he was ready to throw in the towel.
“Forget it,” he told me. “Austin is just too competitive for the little guy investor.”
I assured him good deals WERE out there. We just had to get creative in our search.
Long story short, in just under 16weeks we helped John secure an AMAZING 4-plex priced below market value. Yes – it appraised above the price our Client paid for it! (Read that again).
This property is now the cornerstone of this family’s wealth-creation plan, with the potential to generate monthly passive income after all expenses.