The rules of real estate investing have changed in Austin Texas and if you don’t keep up, you’re going to get left behind. Over the last ten years, the cost of acquiring properties has gone up and the expectation for higher quality renovations has driven the costs of repairs or remodeling higher as well.
Investing in real estate in Austin Texas will require putting more money at risk, but median price points, buyer demand and high appreciation rates could produce a higher return on investment than you could expect in areas with lower acquisition costs.
Charles Lewis is a REALTOR® in the Austin area. He helps people all over the greater metro area buy and sell houses. Schedule a no-obligation phone call to find out he can help you accomplish your real estate goals faster.
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