Investing in Austin is still viable and needed in order to create more rental inventory for our growing population, but the market environment now requires more careful analylsis of costs and potential benefits than in years past. Continue reading
If you assume operating expenses amounting to 15%, those ratios translate into a Capitalization Rate of about 5.5. That’s not stellar, but compare it to the likely return on many alternative investments and you’ll understand why this has been a fast-moving market this year. Continue reading