Comments on: Californians Own 10% of South Austin Rental Homes

By: Karen

Karen — Tue, 21 Oct 2008 17:59:17 +0000

My friend does Real Estate in Louisiana, and she says that their MLS is not anything like Austin’s. Rentals kinda play second rate. They only focus on residential sales.

By: Grant

Grant — Tue, 21 Oct 2008 03:07:55 +0000

I always find that the Crossland Team has such fantastic information. Yes, their information appears right on when considering my experiences.

I’ve also noticed that Austin is very unique in that Realtors are more actively involved in Rental Houses than in other parts of the country.

Thanks,
Grant

By: Adam

Adam — Sat, 19 Jul 2008 03:52:48 +0000

I understand your pain. I am here in Phoenix, Az and the real estate market was overrun by investors as well. I moved about a year ago and kept my Phoenix area home as a rental. Now I am dealing with the same issues.

By: ByeAus

ByeAus — Fri, 11 Jul 2008 23:23:03 +0000

Well, I have 4 properties here in Austin, but am moving to California shortly…

By: Brett

Brett — Tue, 08 Jul 2008 15:52:40 +0000

Why doesn’t that surprise me?
My neighbor lives in California, and he rents two properties in the city.

By: Michael @ The Stage Coach

Michael @ The Stage Coach — Mon, 07 Jul 2008 15:53:09 +0000

Steve:
Did you take into account that some “owners” might be companies (Inc. or LLC, etc) that could have local addresses, but be owned by out of staters? One of my clients is from CA – and all of her properties are individual TX LLCs, according to WCAD and TCAD, with a TX mailing address. When you check with the TX Secretary of State, these LLCs are all owned by a Real Estate Trust from CA. That’s as far as my search went to see if she was legit.
Michael

By: Scott

Scott — Sun, 06 Jul 2008 03:37:56 +0000

Steve

Another interesting post. We have a rental on my street and thanks to TCAD, I realized the individual is local and lives in the neighborhood. However, she could probably use you. The place is not trashed but me and two other neighbors have actually considered purchasing the property to spread the rental cost but more importantly, purchase it, sell it, and have another nice home in our neighborhood. We in Texas Oaks are pretty emotional about our property, as I am sure you are in your new house in Oak Hill.

Plus, it looks as if Oak Hill is having a makeover, based on the AMD development, new apartments, and article in Saturday’s Statesman. People have found our little jewel we call South Austin.

I appreciate your statistics and your earnest evaluation of our local market. When I read about Las Vegas, Phoenix or Florida, I realize its guys like you (and your wife) who are helping keep our market stable.

By: Jim Johnson CRS

Jim Johnson CRS — Sun, 06 Jul 2008 00:17:41 +0000

Great Blog! I have been selling real estate in Bend Oregon since 1981 and find it refreshing to find a helpful blog like yours! Keep up the good work!

http://www.bendoregonrealestateexpert.com/