Brooklyn, MD · Member since 2017 · 8 posts · 3 votes
Hey guys.
Can I buy and hold an A or B class rental property in Far West or NW San Antonio - and expect to cash flow? I was looking specifically at SFR's. I'm new to the San Antonio market and would be interested in hearing any input you guys have to offer; whether it be about asset classes, neighborhoods, etc.!
If not, could I get a B-class multi family property? Just looking at Zillow, it doesn't seem like there ARE many small, multifamily units in that area.
Yes there are properties in those areas that can cash flow. It all depends on what you are wanting and how much you want to spend. I recently did a deal for a fellow BP member on the far west side and she will be cash flowing on it even after our management fee. There are not a lot of multi-family in that area, but they can be found.
Reach out if you have any questions, and best of luck!
A property will cash flow in any city if you buy it at the right price. The question should be what kind of marketing do I have to do to find the distressed sellers who will sell to me at the right price.
When you track down divorces, estates, behind on mortgages, etc. you will find the deals.