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Updated almost 8 years ago on . Most recent reply

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John T.
  • Investor
  • New York City, NY
2
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15
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Southwest San Antonio - thoughts?

John T.
  • Investor
  • New York City, NY
Posted

I'm based in NYC with some family in San Antonio. I recently closed on a SFH near Leon Valley and on my visit met up with a couple real estate agents who are gearing me toward Northwest. It looks like a wonderful place to live or have high quality tenants. But buy-and-hold opportunity seems limited; low cap rates and deals closing above asking. I'm drawn to southwest near Lackland.

What's been your experience in this area?

Most Popular Reply

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Jason Hirko
  • Lender
  • San Antonio, TX
1,511
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1,730
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Jason Hirko
  • Lender
  • San Antonio, TX
Replied

@John T. If you don't go too far south of Highway 90, the neighborhoods are fairly similar to Leon Valley, just with a higher concentration of rentals and more 20 year old subdivisions. If you are searching for the 1% rule on a buy-and-hold, that's where you're going to find it

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