Central Texas Investment Guide
Why Central Texas?
A Temporary “Bug” in the Software (2001 to 2003)
Though history may inevitably suggest that these three years were considered one of Austin’s “bust cycles”, and though things did slow down and tech jobs were lost (where weren’t they?), the city never actually saw a decrease in median real estate values. They slowed to a crawl for a couple of years, and rents definitely fell as newer rental inventory planned during the expansion was finished construction and came online. In addition, this was a period of remarkably low interest rates, which spurred many renters across the country to purchase property, putting further downward pressure on rental values.
The fact that Austin re-ignited its boom in 2004 is a tribute to the fact that Austin is insulated against many major market-shifting trends like bubbles (our equity tends to be national trends, yet not spike so swiftly that a fall will be inevitable), earthquakes and hurricanes (geographically impossible), and the dreadful problem for all investors – competing over supply of inventory, which we’ll discuss a bit later.
Next Page: Back in the Saddle (2004 to Present)
Table of contents
Why Central Texas?
- A Brief History Lesson (up to 2000)
- A Temporary “Bug” in the Software (2001 to 2003)
- Back in the Saddle (2004 to Present)
- Why? Jobs and Relocation!
- “Keep Austin Weird” – Seriously
- Austin is Pro-Business – Pay Your Rent or “Hit the Road!”
- There’s No Bubble Here (aka “Have I already missed the boom?”)
- Supply and Demand – “Save Our Springs” & The University of Texas at Austin Effect
- Austin Moving from 3rd to 2nd “Tier” Status
Castle Hill Investments’ “Turnkey” Partner Team
- Investors Need More than Just a Buyer’s Agent
- Lending
- Property Management
- Leasing
- Insurance
- Title and Escrow
- We’re Here for you Today, Tomorrow, and 5 Years from Now
Why Should I Work With Castle Hill Investments?
Property Types – What Should I Buy?
- Equity Appreciation vs. Cash Flow
- The Duplex – the Perfect Central Texas Investment?
- Different Geographic Regions
- "But I Want a NEW Construction Property!"
A Closer Look At "The Numbers"
- Owning Investment Property Is More Expensive Than You Think
- How The Process Works – One Investor Couple´s Experience
- Show Me the Money – Numbers at Closing
- Show Me the Money – After Closing
- Other Expenses
After the Sale – an Owner’s Manual
- After the Sale – an Owner’s Manual
- The First "Make Ready" and Realities of Purchase
- Limiting Landlord Liability and Deeding to LLCs/LPs, etc
- Real Estate Capital Gains Taxes: A Primer
- Texas Property Taxes – "Huh?"
- 1031 Exchanges
- After the Sale – Checklist and Action Items
- Real Estate As a Component of a Well-Balanced Portfolio
- Cash Flow Calculator
- Three "Real World" Investor Stories
- Austin and Central Texas Neighborhoods
