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Updated about 8 years ago on . Most recent reply

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76
Posts
25
Votes
Mike Chern
  • Investor
  • San Antonio, TX
25
Votes |
76
Posts

New investor looking for duplex or fourplex suggestion in SA

Mike Chern
  • Investor
  • San Antonio, TX
Posted

New to this area, looking for a small 2 door or 4 door, I can live in one of them.

The area I am looking for is converse. Any suggestion on more specific area. Thanks 

Most Popular Reply

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3
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4
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Brent Washam
  • San Antonio, TX
4
Votes |
3
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Brent Washam
  • San Antonio, TX
Replied

I hear duplexes are hot in San Antonio right now, I bought 6, mainly during the Great Recession and prices are high now so be careful.  Have 3 others I have owned much longer.  What I have found is that there are tenants who want to live in most any area of town but there are some "rough" pocket areas to avoid, even in the middle of acceptable areas.  When prices are too good to be true there is a reason.  Also beware of "flipped" properties with outrageous price tags that people are actually paying.  There are some bubble areas in town, N. Central inner city comes to mind.  My criteria was curb appeal and freeway access, and you will have to do some sweat equity to come out financially.  Living in the property is a great way to get started.  Good luck!

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