Myles Osswald

The cost of owning a home is on the rise, but is renting truly the best option? This is a debate as old as the real estate industry itself, and just like everything in life... both options have pros and cons! Find out if it's worth buying a home instead of renting on our blog: https://lnkd.in/gYETrNtb #texaslivingcompany #houstonrealestate #realestatetrends #rentingvsbuying #buyingvsrenting

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🏢 3 Reasons You'll Love This Multifamily Passive Investment 💼 I just wrapped up a quick video about our latest project in Dallas-Fort Worth. Here's why you should be excited: 1️⃣ Prime Market, Brand New Build 🆕 144-unit luxury complex built in 2023 📈 Booming DFW area with strong growth 👥 Expanding population & rising incomes 2️⃣ Unbeatable Financing 🔒 Fixed-rate debt with 5-year interest-only term 🤝 Rare seller financing opportunity 💰 Lower payments, higher cash flow potential 3️⃣ Incredible Value & Tax Benefits 💎 ~$8 million instant equity 💵 $160k/unit vs. market rate of $200k-$230k 🏷️ 100% property tax exemption (saves $500k/year!) 🎥 Want the full scoop? I've got more to share! 👇 DM me or schedule a call to access our detailed webinar. Let's discuss how this passive investment can work for you! 506(c) Accredited investors only. #PassiveIncome #RealEstateInvesting #MultifamilyInvestment #AccreditedInvestors

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🏠 Property Tax Dilemma Home values have soared, but so have tax bills, squeezing budgets for many homeowners . States are responding: Colorado’s ballot may cap tax revenue growth, while Kansas and Nebraska consider special sessions for relief. Georgia could limit assessed value increases to inflation rates. Balancing tax relief with local government funding needs is the challenge ahead. #PropertyTax #Homeownership #StatePolicy https://lnkd.in/eDxRv4nw

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How to Find Stellar Real Estate Deals in San Antonio #CatalystFunding Discover the secret to getting attractive real estate deals in San Antonio, Texas. Learn about market trends, days on market, and how to leverage discounts to maximize ROI. Find out why San Antonio is a ripe market for investors. #RealEstateInvesting #SanAntonioDeals #MaximizeROI #MarketTrends #PropertyInvestment #SanAntonioProperties

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Uncle Sam can wait! He said so himself. It's written right into the 1031 provisions of the tax code. Here's an example of how it could work and why it's beneficial. Without a 1031 exchange, selling a property with a $500,000 gain could result in: → Capital Gains Tax: At least $100,000 (~20% of $500,000) → Depreciation Recapture Tax: Whatever depreciation you wrote off on the property is taxed via 25% depreciation tax recapture. Assuming you depreciate $200,000. This means you owe approximately $50,000 (25% of $200,000 depreciated). → Total Minimum Tax: $150,000 By utilizing a 1031 exchange, you can defer these taxes and reinvest the full amount into a new investment property. If you're a long term thinker, and you can fight the urge a little longer to buy that fancy new car, that extra $150,000 invested could go a long way! Let's look at your next investment. And let's say you get an 80% total return (modest for a multifamily syndication deal 😜) after the exit of that investment: → With a 1031, you're able to invest the entire $500,000, earning a $400,000 total return. → If you take the tax hit prior to reinvesting, you're able to invest $350,000, earning a $280,000 return. That's an extra $120,000 after deferring taxes through a 1031! 🔑 Think of it as a way to grow your real estate portfolio without immediate tax burdens. Key Requirements → Like-Kind Exchange: You must swap investment real estate for another piece of investment real estate. Personal residences don't qualify. → Strict Adherence: Follow all rules and regulations carefully to enjoy the tax deferral benefits. Expert Guidance is Crucial: Navigating a 1031 exchange can be complex. Working with experts ensures compliance and maximizes benefits. They handle these transactions daily and can guide you confidently through the process. If you're interested in learning more about 1031 exchanges, reach out to my friend Mike Auerbach at 1031 Specialists. ________________________ Disclaimer: I am not a tax professional. This information is for educational purposes only and should not be considered tax advice. Please consult with a qualified tax advisor or financial professional before making any investment decisions.

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For all my office owner's / investors. Here is your DFW Office Market Inventory Update. Still a record amount of inventory and this does not include all of the Off-Market inventory which continues to be shuffled around. The keys to success when looking to sell office are simple: 1. Access the ever-changing buyer pool. The buyer pool today is different from one and two years ago. 2. Understand and know how to access the owner-user market. 3. Co-Operate with other brokers. Many office brokers are late to the game on this one and have already established a reputation for not being co-broker friendly. 4. Don't trust old stats Nick Miller, CCIM Austin Edelmon Michael Tran #office #officespace #officebuilding #investment #dfw #cre #realestate #stats #building #dfwrealestate #management #investing #sales #info

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🏗️ Texas Multifamily Market Update: Navigating 2024 Challenges The Texas multifamily sector is in a period of transition as we progress through 2024. Here’s what we’re seeing: 📈 Construction Costs: Up by 10%, challenging project budgets. 📈 Interest Rates: Increased by 5%, impacting financing strategies. 📈 Occupancy Rates: Holding strong at 94%, showing continued demand. Despite these hurdles, developers are stepping up with strategic planning and innovative execution to keep projects on track. The key for the remainder of the year? Balancing supply and demand while focusing on sustainable growth in a shifting market. Question... What strategies are you finding effective in managing the challenges of the multifamily market this year? #construction #innovation #management #future #multifamily

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Brian Ferguson and team at Altunas Capital filled this vacant retail property with national tenants in under 12 months and expect to add nearly $3 million in value by the time of sale. Here's how they're doing it 👇 🏢 Property details - Purchased March 2023 - Victoria, TX - Commercial retail property - 11,823 sqft, attached to large anchor tenants (Kohl's and Academy Sports) 💸 Finances - Purchase price: $1,715,000 - Capital raised: $700,000 - Debt structure: $1,922,500 loan, 7.75% fixed rate, 24 months IO, 25 year amortization, 5 year term 💼 Business plan - The property had originally been vacant for years, so a $715k CapEx budget was allocated for light upgrades (exterior modernization and cleanup, updated landscaping, and LED fixtures) and tenant allowance - The plan was to fill all vacant spaces with smaller local businesses - The goal was to be fully occupied with build-out complete in 18 months 🍾 Results - Achieved full occupancy in just under 12 months - Secured mostly national tenants instead of local businesses ✨ Additional Projected Results - LP equity multiple: 2.23x - IRR: 18.60% - Cash on cash: 9%+ after stabilization - On track to refinance in ~3 months with better terms - Expected to exit at $4.5 million in year 5 or 6 and have property valuation of $3.15 million at refinance __________ If you have a deal you'd like to feature here and in our weekly newsletter to over 30,000 investors, leave a comment! #cre #commercialrealestate #realestate #realestateinvesting #realestateinvestor #investing #investor #investment #retail

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📊 Rental Market Insights: Softness Pervades in the Sun Belt Markets building the most rapidly are also seeing the sharpest dips in rent prices. ☀️ Where’s it happening? Sun Belt markets are seeing YoY rent declines across the board. - This is most clear in Austin, which has the sharpest decline among large metros w/ prices down 7.5% in the last year. The metro is permitting new homes at the fastest pace of any in the country. - Among the 10 metros with sharpest YoY rent declines, several also rank the highest in new construction permits – all of them are in the Sun Belt. - Northeast and Midwest metros are maintaining positive rent growth due to less construction. What’s your take – does the data in this post align with what you’re experiencing locally? Tell us where you’re based in the comments!

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🌟 Whether you're a renter, homeowner, or landlord, many real estate startups are offering groundbreaking solutions. From streamlining closings to helping tenants become homeowners, these are the top real estate startups to watch in 2024: 👉 Homeward - Founded by Tim Heyl in 2018, this Austin platform empowers agents and buyers to make cash offers and set move-in dates. 👉 Snapdocs - Founded by Aaron King in 2012, this San Francisco startup offers an eVault to streamline the entire mortgage process from escrow to closing. 👉 EasyKnock - Founded by Ben Black and Jarred Kessler in 2016, New York's EasyKnock provides an alternative rent-to-own model for aspiring homeowners. 👉 Rhino - Founded by Ankur Jain, Benjamin Lantos, Bryan Woods, and Paraag Sarva in 2017, this New York-based startup simplifies deposits, offering flexible monthly payments. 👉 HqO - Founded by Chase Garbarino, Greg Gomer, Jared Stenquist, and Kevin McCarthy in 2018, this Boston startup enhances tenant experiences with services and data analytics for commercial landlords. 👉 Own Up - Founded by Brent Shields, Mike Tassone, and Patrick Boyaggi in 2016, Boston's Own Up connects buyers with top lenders and personalized rates. 👉 Spruce - Founded by Andrew Weisgall and Patrick Burns in 2016, this New York startup simplifies real estate transactions with transparent closing and management tools. 👉 VTS - Founded by Brandon Weber, Donald DeSantis, Karl Baum, Niall Smart, Nicholas Romito, and Ryan Masiello in 2012, this New York-based CRM streamlines tenant management for commercial real estate. 👉 75F - Founded by Deepinder Singh and Pankaj Chawla in 2012, Montana's 75F leverages IoT and machine learning for optimized building management. 👉 HomeLight - Founded by BC Broussard, Drew Uher, and Jason Zhang in 2011, this San Francisco startup provides a dashboard for comparing real estate agents and reviews. 👉 Raise - Founded by Carrie Nyden and Justin Bedecarre in 2016, San Francisco's Raise helps companies search and book office spaces easily. 👉 Qualia - Founded by Joel Gottsegen, Lucas Hansen, and Nate Baker in 2015, Qualia offers a digital closing platform used by real estate giants like Redfin. 👉 The Agency RE (Formerly Triplemint) - Founded by David Walker and Philip Lang in 2011, this New York startup merges software and real estate for global luxury transactions. 👉 RentSpree - Founded by Angela Stuart, Michael Lucarelli, and Paul Sirisuphang in 2016, Los Angeles's RentSpree streamlines tenant verification and rental processes. Full list by Startup Savant here: https://lnkd.in/d33ygcv9 These startups are revolutionizing the way properties are bought, sold, and managed, making the real estate process easier for all. Stay tuned to see how these companies will shape the future of real estate in 2024 and beyond! #RealEstateTech #PropTech #Innovation #RealEstateStartups 🚀

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Those who are looking to buy or sell a home in Central Austin this market comparison helps you understand the market fluctuation by zip code. If you would like a home valuation to better understand your home's value, please email us at hello@SEEDpropertygroup.com for a complimentary valuation. https://loom.ly/nQrTuaA #realestate #compassATX #austinrealestate #seedaustin #homevaluation

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Multifamily demand in Dallas-Fort Worth is rebounding, with 5,100 units leased in Q1, matching pre-pandemic levels. However, the market still faces challenges with high vacancy rates (11%) due to a supply-demand imbalance, as 10,900 units were added in the same period. Despite rising demand, rent growth remains negative, particularly in high-end and mid-tier properties, with the market expecting stabilization in vacancy rates and modest rent growth by 2025.

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It's now over $60 per square foot to lease the new office high-rises in the Plano / Frisco area... with that said, you can also find buildings in the area that are less than $20 per square foot. Rental Rates are always the number one question I'm asked by companies when looking to relocate... Rates are important, but I've found the best way to save money is to lease space that is effective for your business and efficient to save money on rent and construction costs. Most office space audits conclude that Tenants are 15% inefficient... which equals $9 per square foot. When was the last time you conducted a space audit? #anotherwaytothink #think #office #buildings #realestate #audit #spaceaudit #information

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🏡 The market is down, and that means opportunity is UP! 🚀 In Austin, TX, prices have dropped, but history shows that the market always rebounds. 💥 Now is the time to invest, hold, and watch your equity grow over the next 3-5 years. 💡 Example: A $1M property with a $200K down payment could appreciate to $1.5M, doubling your investment. That’s real wealth, built through real estate. Start building your future today! 💼💰 Chad Goldwasser Pure Gold Realty Group brokered by EXP 512-750-8333 Follow us and join our events. https://lnkd.in/gBZD5zaC #RealEstateInvesting #AustinTX #BuildWealth #Equity #MarketOpportunity #austin #texas #realestate #interestdown #mortgagerates #besttimetoinvest17m

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🏡 Avoid Costly Mistakes When Choosing a Mortgage Lender in Austin If you’re buying a home in Austin, you already know the market moves fast. But what many buyers don’t realize is how easily choosing the wrong mortgage lender can lead to delays, hidden costs, and unnecessary stress. Here are 5 common mistakes homebuyers make when selecting a mortgage lender - and how you can avoid them: 1. Focusing Only on Low Interest Rates We all love low rates, but the interest rate isn’t the only thing that matters. Many lenders offer great rates upfront, but sneak in high fees or additional charges that can catch you off guard. 💡Always request a Loan Estimate so you can see the full picture, including all fees. It’s not just about the rate - it’s about the total cost of the loan. 2. Choosing a Lender Who Doesn’t Communicate Well Ever been stuck waiting for an important email or call? Imagine that happening when you’re trying to close on your home! Slow responses or poor communication can lead to missed opportunities or closing delays. 💡Pick a lender with a reputation for fast, clear communication. Ask how often they’ll update you and what the process looks like from start to finish. A responsive lender can save you time and headaches. 3. Not Locking in Your Interest Rate Rates can change quickly, and if you don’t lock in your rate, you might end up with higher monthly payments than you budgeted for. 💡After pre-approval, ask your lender about a rate lock. It guarantees your rate for a set period (usually 30-60 days), protecting you from market fluctuations while your loan is processed. 4. Ignoring the Lender’s Ability to Meet Deadlines Austin’s real estate market is competitive, and closing delays can cost you the deal. Some lenders just don’t have the resources or processes in place to move quickly. 💡Before committing, ask the lender about their average closing times. Choose someone who has a track record of meeting deadlines, especially in a fast paced market like Austin. 5. Not Comparing Multiple Lenders Don’t settle for the first pre-approval letter that comes your way. Every lender has different rates, fees, and terms, and you owe it to yourself to explore your options. 💡Compare offers from at least 3-5 lenders. Look at more than just the interest rate. Compare fees, flexibility, and reviews from past clients. ❓Why It Matters Choosing the right mortgage lender can make the difference between a smooth process and one full of unnecessary headaches. By comparing options, locking in your rate, and making sure your lender communicates well, you can avoid costly mistakes and focus on what really matters: getting the keys to your new home! 💡 Need help finding the best mortgage lender in Austin? DM us now. A mortgage broker can do the heavy lifting - shopping multiple lenders to find you the best deal, saving you time and ensuring you avoid these common pitfalls. #AustinRealEstate #MortgageLenders #HomeBuyingTips

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RENTAL PROPERTY REPORT FOR DFW 📊🏘️ Despite a slight dip in rental prices and a marginal increase in vacancy rates, demand remains strong, positioning DFW just behind New York City in terms of multifamily demand. Experts expect demand and prices to increase throughout 2024 and then begin to rise again in 2025. GET THE LATEST UPDATE ==>> https://lnkd.in/gN9t-MUE #rentalmarket #rentalhomes #multifamilymarket #rentalmarketupdate #dfwrealestate #dallasrealestate #dfwmultifamily#rentprices

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