Single Family Home Property Management Companies Austin Texas Area

Leading online commercial existent manor investing marketplace CrowdStreet recently unveiled its 2022 list of best places to invest in real manor. The report dives into the top 20 private equity real manor investment markets, led past Austin, Texas.

Here's a closer look at why real manor investors  should consider purchasing an investment property in Austin.

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Why Austin?

CrowdStreet evaluated multiple data points from leading industry sources to compile its list of the 20 best markets for real estate investors. These markets are in the best position to benefit from the continued strength in existent estate. They should deliver to a higher place-average rent growth, stiff assimilation rates, recovering chore growth, and strong median household income growth. These factors should bulldoze continued real estate toll appreciation in 2022 across these markets.

Austin led the way because information technology continues to benefit from strong population and chore growth. That's because companies -- especially in the technology sector -- keep to relocate and expand in the city. For example, e-commerce behemoth Amazon  recently announced plans to create another 2,000 corporate and tech jobs at its Austin Tech Hub. That's on top of the 3,000 jobs it has already brought to the urban center and the more than than 1,000 jobs information technology currently has open up. Meanwhile, electric vehicle  giant Tesla  recently relocated its headquarters to Austin and is building a $i.i billion manufacturing plant that will eventually have x,000 workers. Overall, economists wait Austin to add 50,000 boosted jobs this year.

That'due south driving demand for housing. CrowdStreet ranked Austin as its third-favorite market for multifamily housing and its top market place for build-to-hire unmarried-family homes. It noted that the influx of people and the available land make Austin a great market for single-family dwelling rentals.

Meanwhile, the corporate relocations and expansions are benefiting Austin'southward part market place, which CrowdStreet ranked every bit the second-best in the land. For case, Amazon recently signed a 330,000 square-foot charter in Austin to occupy all the space of Domain nine, a new part building under development by Cousins Backdrop ( CUZ -1.21% ). Amazon already occupies iii properties owned by the real manor investment trust ( REIT ) in the city.

Finally, the influx of people is also benefiting Austin's retail market. CrowdStreet ranked it as its 2d-best retail market in the state, driven in part by rise occupancy, which hit 95.ix% in the fourth quarter.

How to invest in the Austin real manor marketplace

In that location are many ways to invest in Austin existent manor. Those with the financial means can consider straight purchasing a belongings in the metropolis. You'd need to practice a lot of due diligence to notice the right property and rent the correct company to manage the investment, simply that would give you direct exposure to the city's growth potential.

A similar option is to invest in a syndicated real estate deal offered through an online marketplace like CrowdStreet. While you lot must exist an accredited investor  to participate in near of these deals, you don't accept to invest as much every bit yous would to buy an unabridged belongings. For instance, CrowdStreet currently has an office investment opportunity with a $25,000 minimum investment.

Meanwhile, other online marketplaces accept offered Austin-specific real estate investment fund opportunities, some of which are open up to non-accredited investors at much lower minimums. For example, Republic has provided ii Austin-specific residential existent estate investment opportunities in recent years with minimums as low as $500.

Some other less direct approach is to invest in a REIT with meaningful exposure to the Austin market. For case, Austin is the second-largest marketplace for part REITs  Cousins Property Trust and Brandywine Realty Trust . Information technology comprises 29% of Cousin'due south portfolio and 22% of Brandywine's income. That at to the lowest degree gives investors some exposure to the upside of Austin's role market.

Several residential REITs also ain properties in Austin. For example, Austin is a top-five market for apartment REIT Mid-American Apartment Communities . The company is growing its presence in Austin; it invested $63 million to add 350 new apartments that residents will showtime occupying this year. Meanwhile, it's a meridian-xx market for single-family rental REIT American Homes 4 Rent . Finally, direct-to-consumer investing platform Fundrise has invested in both stabilized apartments and build-to-rent communities in the Austin area. These companies provide investors with some exposure to Austin's red-hot residential existent manor market place.

The best existent estate investing location for 2022

Real estate is all about location, and there is none better than Austin for 2022. It'south benefiting from a steady migration of companies and people due to its business-friendly policies, overall affordability, and warmer weather. Because of that, existent estate investors should seriously consider investing in Austin this year.

 

This article represents the opinion of the writer, who may disagree with the "official" recommendation position of a Motley Fool premium advisory service. Nosotros're motley! Questioning an investing thesis – fifty-fifty 1 of our ain – helps us all think critically about investing and make decisions that assist us become smarter, happier, and richer.

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Source: https://www.fool.com/investing/2022/02/15/why-you-should-buy-an-investment-property-in-austi/

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