Updated over 6 years ago on . Most recent reply
Investing in Woodlake, San Antonio TX
We are looking to invest in a duplex in San Antonio, TX. We are looking in the Woodlake neighborhood. I am out of state, but it looks like it has a low crime rate. The schools don't look to be the best, however. Does anyone have any other advice as to whether this is a good area to invest in a rental? Thank you!
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Couple points - first look to hire a Property Management company who are members of NARPM to assist you. A Realtor will sell you one dog and then cut & run. Second - look for actual cash flow analysis tools such as InvestimateROI or even the bigger pocket calculators. Look for the solid 3/2/2. Schools are subjective. Area of town is subjective. All of this matters, it just that you need the whole picture to make a solid decision. Hope this helps and take care!