Austin Real Estate Investment News

HOMES Living off the land Nine tips to consider before investing in rental property. By Michele Chan SantosSPECIAL TO THE AMERICAN-STATESMANSunday, December 07, 2008 When the stock market is zooming up and down like a theme-park ride, the solidity and tangibility of real estate as an investment is increasingly appealing to many Central Texans, local agents say. If you are considering becoming the new owner of an investment property, some things about today's economy are in your favor. More people are renting, because it's harder to qualify for a mortgage and because some people are genuinely scared to buy a home they might...

We're pleased to see the launch of castlehillinvestments.com version 2.0 today. In the "Buy" section, we've posted the 2009 Investment Guide that doesn't BS - it's definitely rough out there and we tackle the challenges head on.  We have added new blog functionality to keep you up to date with the market, and I expect close to daily news and other market commentary. We've also dramatically enhanced the listing detail, as well as expanded information about our award-winning team. Thanks to Tipit Communications for a beautiful new website....

If you have approximately an hour, this is the best writing (via an audio podcast) about the credit crisis that I have yet experienced. Ira Glass is one of America's wittiest and most entertaining journalists, and he "nails" the last few years from each angle - the big investment bankers at the top, the middlemen, and the working class folks that suffered the most....

The Wall Street JournalBy Jane Hodges The Investor: Robert Grunnah, a 32-year old software manager turned full-time investor, bought his first investment property at age 24. The single-family house he purchased for $98,000 in 1998 sold for $215,000 the week he was laid off from his software job in 2001. The proceeds from the sale made it possible for him to take a six-month backpacking trip to Asia and Australia, during which he decided to become a professional real-estate investor, he says. He now owns 23 properties in central Texas. The property: The 1973 duplex...

Robert Grunnah ranked #3 by 2006 gross individual residential sales volume....