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Updated almost 5 years ago on . Most recent reply

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John Strock
  • New to Real Estate
  • San Antonio, TX
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Just moved to San Antonio, what are good B/C areas to invest in

John Strock
  • New to Real Estate
  • San Antonio, TX
Posted

I'm a new/first time investor, moved my family to San Antonio Oct. 2019.  Trying to learn the area, looking for good B/C areas.  I'm finding some good older posts/suggestions, but some are 1-2 years old, so looking for more recent suggestions (especially amid Coronavirus).  Thank you.

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Stone Saathoff
  • Investor
  • San Antonio, TX
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Stone Saathoff
  • Investor
  • San Antonio, TX
Replied

What is your strategy? That plays a role too.

For rentals I'm personally a big fan of any sub in the northeast where you can be all in (purchase + repairs) for 80-150K. Because usually the rental rate is going to be favorable. One of the ladies I work with just got into a windcrest duplex for 165K Purchase and repairs and we're expecting rents to total out between 2500-3000 per month.

Also great to be near a military base! All the neighborhoods near lackland are prime for rentals because of the high quality tenants or airb&b due to the weekly graduations.

For flips I think it's important to go after neighborhoods where other people are flipping. The hottest places to do that in San Antonio are the near east side neighborhoods, Denver heights, Dignowity Hill, even some parts of highland park now. For a lower price point some pockets of the west side also have quite a few rehabs.

Hope that answers some questions, if you wanted an opinion specific to your strategy put an update here.

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