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by on May 25, 2008 4 Comments

Missed Austin? There’s No Cryin’ In RE Investing — Learn, And Don’t Miss Out Again

A new Federal report is out, and the bottom line is — Texas rocks, Big Time.

I screamed from the mountain top last year that real estate investors should be following me to Austin. While most of the country is a net negative on values, they’re up nearly 8%. Clients who bought there are up over 2% since December for Heaven’s sake. Same goes for the whole Dallas-Fort Worth (known as the Metroplex)

360 bridge

You may have missed Austin, but you don’t have to miss what’s happening in a handful of other regions, and not only in Texas. Kansas City has some stellar opportunities, two of which I’m poring over now.

Once the holiday fun has worn off, get hold of me and let’s talk. This is the best buying opportunity I’ve personally seen in my career. It’s not even close.

Now, for today’s theme music. You gotta pick yerself up and roll on. Crank it up.

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  3. Austin Seminar — Purposeful Planning — Benn & Lani — Dallas
  4. Beware the Trojan Horse — 401(k)’s & IRA’s — Learn Now or Pay Later
  5. Real Estate Investors Learn Lessons – Many Of Them As Kids
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About BawldGuy

I'm second generation real estate, first licensed in fall of 1969. Having been mentored by several iconic brokers, I'm also CCIM trained, having completed all 200 hours back in 1980. Have successfully executed well over 200 tax deferred exchanges, many of which have been multi-state in nature. Strong points are analysis and the creation and real world application of Purposeful Plans employing several strategies synergistically. The idea is to arrive at retirement with the most after tax income possible, backed by the largest net worth.

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Comments

  1. Chris Lengquist says:
    May 26, 2008 at 9:29 am

    Oh, and did you read Kansas was up 2.7%? Missouri up 1.9%? The KC metro as a whole up 1.3%. Not spectacular numbers but right on par for this “slowdown.” We were 2 of only 7 states to not have the drop.

    I keep saying it. Some pay attention. Some don’t.

    But, wow. Austin up 8%. In this environment that is fantastic.

    Reply
  2. Mark McGlothlin says:
    May 26, 2008 at 10:49 am

    Great site by the way; I’ve enjoyed reading your comments over on BiggerPockets and knew you’d have a superior blog.

    You’re right on the mark about Texas (and Austin); we agree that Austin’s “maturing” a bit, but there are several markets in Texas that are zooming for both multifamily and single family.

    We agree that there are unbelievable opportunities here now and more on the horizon – to the diligent researcher go the spoils.

    Reply
  3. BawldGuy says:
    May 26, 2008 at 11:16 am

    Thanks Mark — The opportunities available now are there as long as you’re willing to do the hands on, boots on the ground, research.

    Don’t be a stranger, OK?

    Reply
  4. Mark McGlothlin says:
    May 27, 2008 at 9:13 am

    Thanks, much appreciated, and I’ve added your blog to the daily reading list for all of my team. Great Memorial day stuff too.

    Reply

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