How To Find A Great Investment Property

By Ashley Smith

In order to find a great investment property, you need to know what to look for. Fear not -- our agents at Williamson Group are more than well-equipped to guide you through the process to find the perfect property for you. Here are a few of the criteria we consider when getting started: 

Location 

The first step when beginning your investment journey is to hone down to a specific location or even a neighborhood that you are really interested in. This, combined with the other criteria we detail below, will prepare you for making a deft decision and avoid analysis paralysis.

Home Type and Features 

Next, you’ll want to make a decision between single-family or multifamily homes. There are advantages to both, namely that single-family homes are more stable and appreciate more, while multifamily properties will provide you with multiple streams of income and cash flows.

Define Your Price, Cash Flows, and Return Goals

You should know the price range in which you want to buy, the discount you will require, the cash flow you expect to receive, and the appreciation you hope to make.

The Austin real estate market is a top choice for real estate investing and we are here to guide you through your investment journey. Join our experienced team of REALTORS® for our next webinar to learn about the state of the Austin market, the proven principles we use to find, qualify, and purchase our investments, and the Austin neighborhoods we target.