Open House Austin Blog
Guide to House Hacking in Austin, Texas
Discover the ultimate guide to house hacking in Austin, Texas! Learn how to generate rental income by renting out parts of your property. This blog covers everything from finding the perfect property and understanding local regulations to financing tips and tenant management. Plus, explore how Open House Austin offers workshops and free 1:1 consultations to help you succeed.
Teacher Turned Real Estate Investor Via House Hacking (Sneaky Duplex Reveal)!
House hacking is supplementing your mortgage, taxes & insurance (henceforth referred to simply as “mortgage”) with monthly income. While I was paying only half of my mortgage, my house was appreciating in value because I bought in a rapidly appreciating area. Learn how I did it!
Should I Buy a House Now or Wait?
Rent is something you consider on a monthly basis. But have you ever done the math and realized how much you’ve actually spent on rent? Here we break down 11 years of rent spent by one person in Austin, and what would have happened if she bought a home instead.
How I Made $84,000 Refinancing My Home in Austin
One of our founders, Kristina, used the process of cash-out refinancing to pull $84,000 from her home. So what exactly is cash-out refinancing? How did she get that much money? What will she use it for? Click to read her entire story, step by step!
How I Bought a 1 Acre House in Central Austin in my 20s
Jenn Carey, a Open House Austin agent and investor, walks us through her process of buying a north/central Austin home that was on an entire acre of land! From the search to the cost - read all about it here!
How to Legally Protect Yourself in a Real Estate Partnership
No matter the terms of your partnership, it is extremely important to legally protect yourself in any arrangement. Recently, attorney Lori Daves shared some tips with attendees of the Go Forth Investor Meetup on how to make sure you CYA (my words, not hers) when entering a transaction within a partnership. Here is an overview of what we learned.
How To Buy, Renovate, and Profit from a Commercial Property in Austin as a 20-Something
My business partner, Steph, and I both house-hack at our primary residences and have also recently started to “office-hack.” What is office hacking? Office-hacking is getting others to pay for your mortgage at the commercial space that you also occupy. Learn how we turned a run down space, into our dream office/event space!
Renovation Loans- Broken down by an Expert!
Renovation loans can be a great way to combine a home purchase or refinance with home improvement financing in one loan with one closing. So we had an expert answer some of our first-time buyers questions in Austin, TX.