The Second “House-Hack” by Austin Hendrickson

This year’s market in the Twin Cities has been extremely competitive, especially over the summer. I still did several deals this year and am now looking for my next house-hack. I touched on the benefits of a house-hack in a previous blog post and explained the benefits. While looking for the ideal Continue reading >

  • Austin Hendrickson
  • In REsimpli Direct Mail User Blogs,
  • 12/14/2018
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Cash-flow vs Equity by Austin Hendrickson

One of the most common debates in real estate investing is whether to pursue cash-flow or equity. This is an interesting topic and I believe there is really no one size fits all solution. It really depends on each specific investor’s situation and personal risk appetite. With that being said, le Continue reading >

  • Austin Hendrickson
  • In REsimpli Direct Mail User Blogs,
  • 11/27/2018
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The House Hack 9.30.18

It is fall now and it almost marks the two year mark from when I started my first house-hack. The “house-hack” as BiggerPockets calls it is one of the best ways to get into real estate with minimized risk. I remember when I was first getting started with real estate it was a bit overwhelming, ho Continue reading >

  • Austin Hendrickson
  • In REsimpli Direct Mail User Blogs,
  • 11/07/2018
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Seller Finance Properties by Austin Hendrickson

In real estate you can only buy so many properties with your own money and the standard 20% down that most banks require on investment properties. My partner and I are realizing this and have begun a concerted effort to find more seller-financed properties. We were recently in negotiations with a ti Continue reading >

  • Austin Hendrickson
  • In REsimpli Direct Mail User Blogs,
  • 10/03/2018
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Deal Update on Large Apartment and Duplex by Austin Hendrickson

I decided to touch on a few projects I am working on in this blog. Several partners and I have a pretty big apartment building in Tennessee that is expected to close in late September. We have been working on this deal since early May so if the deal goes through and we close that will feel great! A Continue reading >

  • Austin Hendrickson
  • In REsimpli Direct Mail User Blogs,
  • 09/12/2018
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Creating Systems for Real Estate Investing by Austin Hendrickson

As investors start growing their businesses it is easy to just go with the flow and learn things along the way. This is an important part of getting started and being successful in real estate, however to manage a big portfolio and to have more success with less effort in the long run it is importan Continue reading >

  • Austin Hendrickson
  • In REsimpli Direct Mail User Blogs,
  • 08/22/2018
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Creativity in a Competitive Market by Austin Hendrickson

With the current market being so competitive, investors need to get creative with their deals as they are being harder to find. One example of how my partner and I did this is that we bought a house about a month ago off-market from direct mail. It is a 2/1 but we are turning it into a 4/2 and insta Continue reading >

  • Austin Hendrickson
  • In REsimpli Direct Mail User Blogs,
  • 08/09/2018
  • No Comments

A CPA’s Perspective on New Opportunity Zones (OZ) by Austin Hendrickson

                          As a CPA who specializes in real estate, I have been doing some reading on the new Opportunity Zones (OZ) passed effective 1/1/18 with the new tax law. While guidance Continue reading >

  • Austin Hendrickson
  • In REsimpli Direct Mail User Blogs,
  • 08/03/2018
  • No Comments

A Win and Lessons Learned From the Deal by Austin Hendrickson

It is now halfway through 2018 and I am celebrating a win as my partner and I just closed on an off market deal on a single family house in a good neighborhood. We have been in negotiations with since November as mentioned in a previous blog post. This was the most difficult seller my partner and I Continue reading >

  • Austin Hendrickson
  • In REsimpli Direct Mail User Blogs,
  • 07/24/2018
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The Power of Networking by Austin Hendrickson

It is often said in business that “It is not what you know, it is who you know.” I used to think this was just another cliché but after thinking back a majority of opportunities and successes have come from a result of people who have helped me, directly and indirectly. The power of a large net Continue reading >

  • Austin Hendrickson
  • In REsimpli Direct Mail User Blogs,
  • 07/12/2018
  • No Comments