I've recently thought about investing in some real estate in TX, but I'm not familiar with TX, so I'm hoping someone can give me some good advice

smart
Posting as :
works at
You are currently posting as works at

Honestly anything between Austin and San Antonio will appreciate

like

This guy posted in the Austin bowl..

I’m not sure I’d be investing much now unless you find a very very good deal. I have quite a few rentals in the area and actively looking to unload. Made good money over the last 10 years but definitely a challenge to move properties.

like

Williamson county - sure bet.

like

Do y’all self manage these rentals? What do you do in case of frequent home repairs, non-paying tenants, unexpected lease breaks due to tenants life changes? Also, do you have trusted contractors?

Agree that is a great area, but feels like the cost outweighs benefit…unless you’re just flipping 💁‍♀️

Just curious.

like

Side note is I don't think its good for the economy for big investors to dominate the single family home market. That is separate from solo investors owning a few properties. Not sure what the percentage is, but neighborhood values tend to decline when vacancies or rentals hit a certain percentage.

Taxes are crazy here you should invest in a better state.

Consider land over housing, which is overpriced.

Taxes just suck here for properties

Related Posts

Best long term investment strategy against inflation to get to a large nest in for retirement?

like

I am new to the professional world, but I am confused about where I put my money once I have collected my emergency funds, I do not want to do trading but want to play a long term goal of investing, some good advice please?

like

Have any of you considered FIRE? I'm sure some of the partners are young and rich enough to retire. So why not say screw working until 60 and to hell with the pension? Travel the world and live life while I can?

like

Qualified Dividends: I’m expecting $650-$750 qualified dividend in 2021. Salary and base about $250 total. Questions: what tax rate will the qualified dividend be taxed at? The 15% or 20%? Also, since it’s technically a long term gain, do I have to pay an state and local on the income? Been reading for a bit and I can’t seem to find a clear answer. Thanks fishies!

like

What do you look for when examining the accounting for a small business stock purchase? Asking for specific types of errors and red flags.

like

why rent over buy; seems like “throwing money” away?

like

too ambitious to seek a 1-bed EV / stuy town on 100K ? If you have a success story please share (or send BK recs)

like

Has anyone dealt with Peachtree Residential before? They build homes primarily in Atlanta and Charlotte.

like

I have 4k that won’t need soon and thinking about were to spend it on.
A. Student loans at 5%
B. Invest in stock market

like

I’m looking for assistance on building your own portfolio in my traditional 401K. I’ve been reading that it’s important to choose funds with low expense ratios. Also, that it is recommended to have at least one US stock, international stock , and bond. I am 24yo so ideally, I’d want to allocate 90%-100% to stocks and 0%-10% to the bond. Any other things I should be looking at?

like

I contribute 10% of my paycheck to my employee share purchase plan. Is this smart to do given the tax repercussions behind it? Is it smarter to invest less in that and more in my Roth or 401k?

like

This week in homebuying horror stories: offered $60k (10%) over asking on a house. Got beat by a last minute all-cash offer from an out of state buyer who was buying sight-unseen.

This is the worst.

likefunny

What stocks are you guy guys buying right now in this market?

like

Sharks! I’m 33, currently working as a Java Architect (11.6 YOE, 40 LPA INR). I’m planning for retirement at my 40. Currently owning a house worth 1 Crore INR where I’ll be closing my home loan by this August. Please suggest diversified options of Investment for my retirement. I don’t have any investment till now (except the house) as I used my whole income to close off the Loan which I took in 2019.

like

Is Monaco a good buy? They’re being Listed on 3 new exchanges in Dec, but down 15pc today!

like

Anybody having experience good/bad about investing through Wint Wealth? Seems like a good way to diversify the liquid portion of the portfolio......if I am greedy this looks better than those liquid funds and a 100% safer than those too.
Also what independence disclosures will apply after the NSDL being made mandatory brokerage account....for Wint Wealth related investments

like

Hi fishes,
Currently I am invested in two mutual funds:
UTI nifty index
Parag parikh flexi

Which other MFs are worth investing?

like

8400 take-home after maxing tax advantages accounts. I found a new construction home for $2780 monthly payment if I put 3.5% down. Monthly payment includes taxes, insurance, PMI, and HOA. I have no debt. Is this a stretch? I’ve searched Google and used online calculators. I’ve never spent more than $1600 on rent, so I’m nervous about pulling the plug.

like

U can’t be wrong if you’re investing in index for long term

Post Photo
like

Why so red? Any stocks good to buy now?

like

More Posts

Employer is trying to force me (disabled using a walker and immunocompromised) to return to work at the office after WFH efficiently (covering 2 roles!) For 2 years. I actually can't even do my job from the office. Office isn't ADA compliant and my walker doesn't fit. Some employees aren't vaxxed and mask mandates are being removed. I've been fighting this order loudly. And now I have to meet with the CEO, HR and my supervisor. Wish I could leave, but I don't have a new job lined up.

likehelpful

Someone reached out to me on LinkedIn about becoming an author on the side. Has anyone heard about such a thing?!? The person said she’s worked with 800 consultants writing their books and marketing it for them.

like

I have one query, i received survey mail from ey gds regarding joining date and location preference, so it mean iam selected or any other round happens? Because i give self recorded video interview on 7th feb and i recive survey mail on 7th March which i filled on same day and in joining date there are two options 25 March and 25 April ,wheres i select 25 april but there is no communication after survey mail so what should i do?

like

Has anyone here had to give a 90 day plan in an interview? I’m on round 5 now for a field role, and I was informed this will be what the final interview consists of. Panel of 5-6 supposedly. Any tips or advice on what/how to present? How to prepare? Is it kind of like a quarterly business review sort of thing?

like

Hi Fishes,
Need 11 likes to unlock DM. Thanks in advance

like

Hi Fishes, I am a lateral joinee in tcs. Can someone tell me what is the buyout amount for notice period. Is it the entire salary or basic pay?

like

After going from big agency to in-house, I have the chance to move to a smaller in-house company to be the only creative and eventually begin to build my own team. Ideal situation or terrifying one?

like

Looking to move from Boston to NYC this May / June. What are the best moving companies to use?

like

Hello Fishes,
I received a call for interview from Deloitte. However I don't have all the skills/exposure mentioned in JD. Has anyone cleared an interview with similar scenario in big 4?

like

Is there a Deloitte bowl? Only see GPS and controllership?

like

How do Big 4 employees manage their investments with the independence restrictions?

like

What can I expect my in hand salary to be?Under old and new tax regimes?

Post Photo
like

Do any of your companies offer coworking benefits? For instance if you’re fully remote, do they offer a monthly stipend to be used at coworking locations near you? Or anything similar in nature?

like

Hey guys, have an interview with BIG 4 Singapore tomorrow. Any cultural advice? Is it okay to have beard for the interview? May sound trivial but please assist if there’s anything particular i shall keep in mind.

likesmart

I had IVF process to get pregnant. During pre- embryo transfer we were told that girl embryo is being transferred. Currently I am 18 week pregnant. I had anatomy scan and we found out we are having a boy. Baby looked all healthy but due to gender discrepancy, We are asked to do additional testing and genetic disorder screening. Anyone had similar experience?

Post Gif
like

Free MBA at Yale/Stern vs. Full price tag at H/S. What would you choose and why?

like

Waiting for Dec 8 like.

Post Photo
likefunnyhelpful

I have a a question for recruiters-what’s the biggest misconception you’ve heard about recruiters like “they don’t read resumes” or “ways to reach out to a recruiter” anything like that? I’m always to myth bust and want to share some stuff with my team of recruiters.

like

Additional Posts in Austin, Texas

What investment shops are hiring in Austin?

like

Anyone know the best place to live in Austin, TX if you work at Tesla? I didn’t want a super far drive going into work so was hoping to find something 20 minutes or less.

like

I’ve been approved for a transfer to the AUS office. Early 30s couple, no kids, small dog. Wife will work for the state but doesn’t have an office assigned yet. Looking for a SFH (that isn’t soullessly modern) in the 600-700k range that will suit our interests: walk to a grocery store, maybe a restaurant or two, commute to work in <30 min. Where should we look?

I am Digital content producer in Austin, looking for job. Anyone know any company’s hiring at the moment?

like

Any recommendations for a therapist that understands high stress/high demand professions, and whose recommendations don’t include “just turn off of your phone or try not responding to emails”? Bonus points if they understand ADHD as well.

like

I have friends seeking 2 ACL wristbands for this weekend. They are happy to buy a 3 day pass even though we are halfway through the event haha. Thx.

like

Does anyone work at IBM, Salesforce, or Palo Alto Networks? I’ve been interviewing with all three and would love some insight about how you like your company/red flags you’ve come across.

like

How's Manor as a city in terms of buying a single-family home: school-wise, future price appreciation of houses etc ..?

like

Any recommendation for a public place to watch the US F1 Grand Prix together with other folks who couldn’t get a COTA ticket?

like

Anyone here work for Maxwell Locke and Ritter? Curious to know about the comp and culture, particularly on advisory.

like

My partner and I bought our home back in 2020. We got a good deal, low rate. But we want to move into a more spacious SFH. However, as we all know this market is crazy. Everything we want costs $620k+ and bc of rates it makes our mortgage estimates $3500+. We are currently paying $2k. And it looks we need to sell the house simultaneously as look for a new one or our contingency isn’t as attractive. I know it’s based on personal circumstances. But what would you do? - not move, sell and buy?

like

Are there any good networking groups?

I found an Austin young professionals group, but it’s almost entirely realtors and loan people. Which is fine, but I’m looking for more typical networking professionals groups.

I liked the Project management institute, but I’m looking for more. Either General professional, finance, tech, or healthcare focused ones would be ideal.

like

Anyone know how much a full time nanny in the Austin area would cost?

like

Considering making the move from distressed investing/special situations to consulting, particularly pe consulting for the following reasons: more team-oriented, structured career path, more variety, etc. Thoughts?

like

Recommendations on local Austin sites for home search we are looking to find a rental for 6 months for ex. Sulekha in northeast is pretty common among Indians. Interested in condo/house type living arrangement v/s renting with apartments.

Downtown Austin nice highrise apts? I hear good things about bowie and northshore. Stick to those two or any other good ones at that similar price pt

like

I do enjoy a Texas sized thunderstorm every now and then 🤠

like

Moving to Austin end of this year, with a new baby.

With ~$500k HHI and almost no debt, in which neighborhood can we practically afford a house? We do outdoorsy stuff (mtb biking, kayaking etc.) and also have a dog that likes to run.

Any suggestions are appreciated! 🙏🏽🙏🏽

like

What is the best parking garage for downtown parking for the best price? Anywhere near the Frost bank is a huge plus

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal