Flipper/Rehabber · Schertz, TX · Member since 2014 · 13 posts · 3 votes
Motivated w/ Equity Newbie From San Antonio TX
Hello Everyone my name is Xavier Matos I am a newbie in the real estate market I own 3 properties 2 of which are rentals. I am in the national guard and I am also a Network Security contractor at FT Sam Houston. My goals are to be able to work because I want to not because I have to.I'm looking at having 10 to 15 Rental properties in the next 8 -10 years. I came to Join the Bigger Pockets Team thanks to my Boss Joe Heath who is a pro member of the Bigger Pockets. Really excited to become financially free, change my family tree and give my family the life they deserve.
Rental Property Investor · San Antonio, TX · Member since 2011 · 512 posts · 290 votes
12y
Edgardo Matos welcome. I am in San Antonio as well. We have 2 rentals in NW San Antonio. Happy to help you any way I can. I am a newbie myself but have lived here my entire life and know the city pretty well due to my line of work. Best of luck!!
Investor · San Antonio, TX · Member since 2014 · 78 posts · 12 votes
12y
Welcome to the forums, Edgardo Matos ! I am also in the San Antonio area and have similar goals. I currently have one rental property and one home that I live in.
What parts of San Antonio are you interested in?
Flipper/Rehabber · Schertz, TX · Member since 2014 · 13 posts · 3 votes
12y
Thanks for the Welcome post @JacobForbis, I'm interested in pretty much anywhere I can find a good deal I like to look at location and area reviews, but for now I'm researching areas near Selma, Schertz, Universal City, Converse ect....
Rental Property Investor · San Antonio, TX · Member since 2011 · 512 posts · 290 votes
12y
Edgardo Matos welcome. I am in San Antonio as well. We have 2 rentals in NW San Antonio. Happy to help you any way I can. I am a newbie myself but have lived here my entire life and know the city pretty well due to my line of work. Best of luck!!
Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice. And you get the benefit of having 60 past ones to catch up on.
Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and rehabbers.
You might consider Niche or Specialized Housing like student housing. Rents can be 2-4 times more. Remember you don't have to own a property to control it.
Download BP’s newest book here some good due diligence in Chapter 10. Real Estate Rewind Starting over
Investor · San Antonio, TX · Member since 2013 · 8 posts · 5 votes
12y
San Antonio is the perfect market to pick up the cash flowing rentals you are looking for @Edgardo Matos I have a couple of rental properties myself and I definitely know how nice it is to see the cash flow plus the tax advantages of holding on to a property rather than flip. Have you done much research into the south side or near downtown? Are you utilizing a property management company?
Flipper/Rehabber · Schertz, TX · Member since 2014 · 13 posts · 3 votes
12y
Thank you for your post Diego Guevara I really like San Antonio and as of right now im maneging the properties myself.I have, but im still dearly new to the real estate market so I try to do a lot of research.