Tuesday, December 18, 2007

Cash flow does exist in Austin

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%.

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