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100 Ward Lane Lockhart TX

Posted By admin on September 17, 2015 in Realty News

100 Ward Lane, Lockhart, TX

$ Click for current price

Strong Cash flowing investment property. 3 homes on 10 acres. Each unit is 3 bedroom 2 bath. All 3 homes currently leases. Please don’t disturb tenants. Total rent $2750 per month. City approval for 3 additional homes. Financing available through Sage Bank, Lockhart.

Flips and No Money Down Hogwash

Posted By admin on February 7, 2013 in Realty News

If you’ve watched the popular TV flip shows, I’m sure you’ve thought about the prospect of jumping in yourself to make some fast cash.


Here are some things you may want to think about before taking the leap.


Where are the soft costs? Insurance, taxes, utilities, commissions, finance costs. Figure 2% to buy, 8% to sell, 3% to finance, and 2% per month to carry. The returns look alot slimmer when these costs are accounted for.

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When Your Barber Says “Buy Investment Property” It’s Too Late.

Posted By admin on February 7, 2013 in Realty News

Warren Buffett said:“When everyone else is greedy, be afraid. When everyone else is afraid, be greedy.”


I can tell you that in Austin, the fear is diminishing and greed is rising. Which means our window of opportunity is closing. Our ace-in-the-hole is that our interest rates are tied to national conditions which are lagging our Austin recovery.

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What’s Your Number?

Posted By admin on February 6, 2013 in Realty News

When it comes to saving for retirement, most people have a magic number in their head. It represents the amount of money they need to have saved in order to retire, feel wealthy, change jobs, etc.


But there’s a problem with this way of thinking. Let’s suppose you are 50 years old and looking to retire early. You figure you need $100,000 per year to support your desired lifestyle in retirement.


So you check the actuarial tables and see that statistically you are likely to live another 30 years. So what’s your number? Well, 30 years times $100K is $3M. But now you need to adjust for inflation. A 2% inflation rate means you’ll need to save nearly a million dollars more. So now your number is $4M.

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Should Real Estate Be Valued Like Stocks?

Posted By admin on February 6, 2013 in Realty News

Whenever we see a market correction, whether it’s the stock market, the housing market, or some other market, we should take some time to evaluate why it happened. With the objective of determining how much was the result of bad luck or bad timing and how much could have been predicted and consequently avoided.


In the most recent real estate collapse, there was ponzi scheme mentality of buy, ride the wave of appreciation, and hand off the hot potato to the next buyer. As long as there was another buyer willing and able to pay the higher price, the game continued. We all know what the result was, but it begs the question, how were we to know that these properties were overpriced? What determines the true value of a property? Continue reading »


Scott strikes a rare and perfect balance between being professional yet still personable. Not only was Scott able to immediately understand and find what I was looking for in a property, but his keen business sense was an incredible asset that allow me to feel calm and confident throughout the process. Plus, Scott’s strong grasp of the Austin housing market enabled me to make a solid investment which continues to impress
- Mary Olivar
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