Real Estate Agent · San Antonio, TX · Member since 2017 · 25 posts · 28 votes
7y
@Chris Hutchens based on previous comments it looks that you're looking to acquire long term rentals. I would recommend you looking in areas such as Live Oak, Schertz, Lackland Anything really above 410. These areas are known for better school districts, less turnover, safer areas, all resulting in better tenants taking care of your investment.
If you're looking to flip a home I would recommend areas in the near east, I've worked with several investors that have topped the market in multiple different pockets. If you drive for dollars you will come to find that the area is flooded with other investors like yourself in the trenches. I would keep my eyes and ears open to Denver Heights (west of Walters), Highland Park, and Riverside!
I live, work, and play in downtown San Antonio and i'm extremely familiar with all the action that is going on in my backyard.
Id be happy to meet with you when you come down @Chris Hutchens and anyone else that is looking to acquire additional market knowledge in the San Antonio area.
Investor · Boerne, TX · Member since 2015 · 139 posts · 71 votes
7y
I've been here for a year and a half and have yet to do a deal. I have made offers, received countless emails from wholesalers and agents but still no deal. Still analyzing every day but having trouble finding deals that cash flow after rehab, especially with the property taxes. But, not giving up, plugging away every day and it will happen.
Real Estate Agent · Pleasanton, TX · Member since 2015 · 10 posts · 3 votes
7y
@Chris Hutchens I'm from the san Antonio area and recently started getting into real Estate a couple years ago no deals yet just been researching. The market in San Antonio is hot right now I figure the best way to get out there is to start going to local reia meetings Sareia has them every month good content as well. So I will start attending those and go from there good luck to you!!
Investor · San Antonio, TX · Member since 2017 · 344 posts · 268 votes
7y
Hey fellow SA folks!
My most recent deal was turning my primary residence into an Airbnb and moving in with a friend. Also last November I bought a single family house that is an airbnb and it has a 1/1 apartment in the back that is a long term rental.
This year I'm looking to pick up a multi family property, rehab my first house, and pick up at least one more airbnb (either purchase or as a long term rental arbitrage).
Realtor · San Antonio, TX · Member since 2019 · 3 posts · 2 votes
7y
Chris at the moment we've been working on building just completed an sfr and moved in going to stay in it for a little while longer and then sell to get equity out. I have a client that is going to list his fourplex in San Antonio in June and he wants to move into a different business category. A lot of my business right now has been clients purchasing new homes, and homes near the college to rehab and hold for rentals. Deals can be found but it does take some effort.
Rental Property Investor · San Antonio, TX · Member since 2017 · 88 posts · 167 votes
7y
@Chris Hutchens I'm an active investor in San Antonio and Houston. I started investing last year and have completed two deals in San Antonio. House hacking a duplex, and I just finished a flip in the NW area. Currently looking for the next deal! Are you looking to begin investing in San Antonio?
Rental Property Investor · San Antonio, TX · Member since 2017 · 88 posts · 167 votes
7y
@Chris Hutchens I'm an active investor in San Antonio and Houston. I started investing last year and have completed two deals in San Antonio. House hacking a duplex, and I just finished a flip in the NW area. Currently looking for the next deal! Are you looking to begin investing in San Antonio?
San Antonio, TX · Member since 2017 · 3 posts · 1 vote
7y
@Chris Hutchens I'm an air Force vet finishing my degree at Texas State before moving back to San Antonio! I'm trying to take this time to read and understand more before I buy more houses. (My first house in New Mexico isn't super profitable, but I had no clue what I was doing back then)
Ellensburg, WA · Member since 2016 · 24 posts · 12 votes
7y
@Alex Kamunyo that’s great! How has your experience been house hacking the duplex? Yes I am interested in investing in San Antonio just trying to get some more information about neighborhoods and then I plan on investing in some buy and holds possibly some rehabs as well.
Ellensburg, WA · Member since 2016 · 24 posts · 12 votes
7y
@Ryan Wakabayashi that’s great I am doing the same thing trying to learn as much as I can and network with as many people as possible In the cities that I would like to invest in. I’m from ellensburg WA and prices are through the roof here and don’t make for a good buy and hold my price/rent ratio would be around .5-.6%
Specialist · Houston, TX · Member since 2015 · 1k+ posts · 1k+ votes
7y
@Brad Larsen runs a great property management company in San Antonio and is very well connected to the investor community. I would recommend you chat with him as he has a wealth of knowledge
Rental Property Investor · Orange County, CA · Member since 2019 · 151 posts · 92 votes
7y
@Chris Hutchens Been lookin in SA specifically for a few mos now. Going to jump in sooner than later after a prop in the upper Midwest closes .. serious revitalization going on and some big appreciation
Rental Property Investor · Orange County, CA · Member since 2019 · 151 posts · 92 votes
7y
@Chris Hutchens Eastside primarily (most distressed area that is a big focus outside of downtown), Harvard Place/Eastlawn, Denver Heights .. many near St Phillips Coll, UTSA, & the AT&T Ctr .. and expand out
Rental Property Investor · San Antonio, TX · Member since 2018 · 10 posts · 6 votes
7y
@Chris Hutchens
I’ll be following this thread! My wife and I moved from Southern California to San Antonio and are currently house hacking a 4plex. Needed some minor cleanup and fix up but so far so good
Developer · Los Angeles, CA · Member since 2017 · 21 posts · 38 votes
7y
I am also actively looking in the San Antonio area along with my partner who is originally from there. We're focused on the areas east and southeast of downtown and the Woodlawn Lake & immediately surrounding areas. Our goal is to close on a 10-30 unit building by the end of the year. There's a lot going on and we're very excited to invest in a city we care about and with so much growth. Just check out this crane watch: