Keep hearing Austin is booming. Trying to understand how accurate is this from future standpoint?
Is it too late to buy investment property in Austin and expect appreciation?
What is potential for more growth in austin and why?
How much more growth over 5 yr duration can we expect?
Which area in particular will be best for consistent rental and bit of appreciation on investment property as well?
Any referrals on realtors to talk to that have expertise with on-market focus?
Individual home (built 2000 or later) with good schooling district (7+ rating) and Millenial/family friendly, B+ category area, preferably IT segment target for a rental investment property. Less risk to loose properties value by significant margin (-20%).
Investment willing to make in $250K-$500k.
Should I be looking elsewhere than austin?
This is based on price-rent ratios and economic growth