Looking to build an all-star team in San Antonio area

Looking to build an all-star team in San Antonio area

Member since 2022 · 7 posts · 2 votes

Hi there - I'm a new investor looking to do BRRRRs in the San Antonio area to start. I'm currently looking to build a team of trusted all-stars and could use the help of the BiggerPockets network to leverage any referrals. If you have had an awesome experience with GCs, hard-money lenders, property managers, real estate agents, etc. I am looking for any recommendations! 

Regards,

Matt Kulpinski

0Reply
52 views

Most Popular Reply

Eric FernwoodBusiness Member
Realtor · Las Vegas, NV · Member since 2014 · 997 posts · 1k+ votes
3y

Hello @Matt Kulpinski,

Well done. A good local investment team will save you time, money, and risk.

The place to start is by finding an investment Realtor. You can then leverage your investment realtor’s network for other team members.

Note that an investment realtor is not a residential or "investor-friendly" realtor, who will only provide MLS data sheets. MLS data sheets are almost useless to investors. Below is a comparison between what an MLS data sheet provides and what an investor needs.

Only an investment realtor, who is part of a team, can provide everything you need. Finding an Investor realtor is not easy. The challenge is selecting a good investment realtor from an ocean of residential realtors. Where can you search for candidates?

  • Property managers
  • Real estate investing websites
  • Local investors
  • Talk to real estate brokers
  • Google searches
  • Local meetups
  • Online reviews

Once you have candidates, evaluate each candidate using the flow chart below. If a candidate fails even one question, eliminate them from consideration.

If a candidate passes all the above, you can be assured they know what they are doing. Also, an investment realtor and team will cost you no more than a residential realtor.

You mentioned a problem with a contractor. Only a good local investment team can solve this problem. Here is the issue. No matter how large your renovation is to you, it is a small job to the contractor. So, they only work on your job if they have nothing else to do. The only leverage you have is your team. In our case, the renovation company we work with gets 5 to 10 jobs each month. They know they have to do all our jobs well, large or small, or they lose all of our business.

There is another renovation consideration, and I cannot emphasize the following enough. Unless you have someone experienced in construction and managing people, go on-site at least every other day, your job will take a long time to complete, the quality will be poor, and the price will go up. Renovation over-watch is critical. Check any potential investment team for this capability.

FERNWOOD Team, KW VIP Realty520 Reviews
See this reply in the discussion

18 Replies

Jump to latestLatest
  • Joe S.Pro Member
    Investor · San Antonio · Member since 2020 · 3k+ posts · 3k+ votes
    3y

    Do you want access to my bank account as well? Lol

    On the bright side you should have quite a number of realtors say hi.

  • Investor · Austin, TX · Member since 2021 · 9k+ posts · 5k+ votes
    3y

    Happy to connect you with a rock star realtor out there 

  • Real Estate Agent · Philadelphia · Member since 2022 · 75 posts · 33 votes
    3y

    I know the perfect person to get you in touch with! My agent Alejandro in San Antonio is a powerhouse. He can help you build a team of any one you need. His number is 956-905-4654. Let him know Faith Importico from NW Philly sent you! Good luck!

  • Andrew PostellPro Member
    Lender · Fort Worth, TX · Member since 2016 · 8k+ posts · 6k+ votes
    3y

    @Matt Kulpinski thanks for posting!  Always great to hear from a fellow Texan.  @Betty Cruz and @Will Pritchett are both in San Antonio and are good people to know. I would also suggest to visit your local REI groups. There are several that meet in San Antonio. Some post here on the Bigger Pockets Marketplace. Many post on meetup.com. Even facebook will have some. Networking is always a great practice and you never know who you might meet there and what good information they have to share. Would certainly recommend visiting if one is close to you.

  • Austin, TX · Member since 2019 · 5k+ posts · 5k+ votes
    3y

    Hi Matt,

    The only place I've had an "awesome experience" was the Wynn Hotel in Las Vegas when it first opened.

    With Real Estate people, I've found just smooth water (gets the job done), and avoid those who sink.

    A crew who demos your kitchen and puts in new cabinets...I don't see how this can be awesome..Cabinets are either on time and on budget or not.

    IMO (seminar slang meets reality).

    Maybe instead be careful to avoid "those who are troublesome".

    You want people who can "do their job" with a minimal about of PITA to you, and follow through and "Get er' done" on time and on budget.

    Sir it will be $500 to demo that kitchen, then they come back 1/4 of the way through and say due to unforeseen circumstances me and the crew will be missing for 10 days and not return your calls<<--is something you would want to avoid. Then when they do came back they have set your schedule back 2 weeks (2 weeks of lost income from rentals that you must out of pocket pay for), and they leave all of the old cabinets in the back yard in a huge pile  (for you to burn--they say).

    On time and on budget is something that is "your friend".

    Looking for "Awesome" on top of that...I have no idea what that means...shine your shoes for free, Paint the exterior for free as a a surprise (???)

    IMO (seminar slang that could cloud your judgement about getting the contacts you need to be successful).

    And that's from boots on the ground.

    Just my 2 cents.

  • Alex BekezaBusiness Member
    Lender · Los Angeles, CA · Member since 2018 · 2k+ posts · 1k+ votes
    3y

    @JD Kumala runs an impressive wholesale operation in San Antonio.  

  • Member since 2019 · 2 posts · 3 votes
    3y

    Appreciate the shout, @Alex Bekeza. 

    @Matt Kulpinski - Give me a ring if you'd like to connect. I've done several BRRRRs in San Antonio as well.

  • Brad LarsenPro Member
    Property Manager · San Antonio and Austin, TX · Member since 2016 · 377 posts · 380 votes
    3y

    Hi Matt, we are happy to help! We manage in and around the San Antonio and Austin area. Happy to connect if you have any questions on local PM companies. We are fully transparent with all pricing online, no secrets here! I would recommend you start your search on the NARPM website and then check out the Google reviews. Happy hunting!

  • Real Estate Agent · Austin, TX · Member since 2022 · 16 posts · 2 votes
    3y

    I am a realtor specializing in real estate investment here in the Austin area. Would love to connect with you if you expand into this market!

  • Contractor · San Antonio, TX · Member since 2020 · 9 posts · 0 votes
    3y

    Hey matt I’ve worked in the hvac industry for about 3years now and have had the opportunity to meet some other tradesmen and I’d be happy to lend a hand when and if you need it. 

  • Eric FernwoodBusiness Member
    Realtor · Las Vegas, NV · Member since 2014 · 997 posts · 1k+ votes
    3y

    Hello @Matt Kulpinski,

    Well done. A good local investment team will save you time, money, and risk.

    The place to start is by finding an investment Realtor. You can then leverage your investment realtor’s network for other team members.

    Note that an investment realtor is not a residential or "investor-friendly" realtor, who will only provide MLS data sheets. MLS data sheets are almost useless to investors. Below is a comparison between what an MLS data sheet provides and what an investor needs.

    Only an investment realtor, who is part of a team, can provide everything you need. Finding an Investor realtor is not easy. The challenge is selecting a good investment realtor from an ocean of residential realtors. Where can you search for candidates?

    • Property managers
    • Real estate investing websites
    • Local investors
    • Talk to real estate brokers
    • Google searches
    • Local meetups
    • Online reviews

    Once you have candidates, evaluate each candidate using the flow chart below. If a candidate fails even one question, eliminate them from consideration.

    If a candidate passes all the above, you can be assured they know what they are doing. Also, an investment realtor and team will cost you no more than a residential realtor.

    You mentioned a problem with a contractor. Only a good local investment team can solve this problem. Here is the issue. No matter how large your renovation is to you, it is a small job to the contractor. So, they only work on your job if they have nothing else to do. The only leverage you have is your team. In our case, the renovation company we work with gets 5 to 10 jobs each month. They know they have to do all our jobs well, large or small, or they lose all of our business.

    There is another renovation consideration, and I cannot emphasize the following enough. Unless you have someone experienced in construction and managing people, go on-site at least every other day, your job will take a long time to complete, the quality will be poor, and the price will go up. Renovation over-watch is critical. Check any potential investment team for this capability.

    FERNWOOD Team, KW VIP Realty520 Reviews
  • Member since 2022 · 7 posts · 2 votes
    3y

    This is golden advice, thank you!

  • Wale LawalBusiness Member
    Real Estate Broker · Houston | Dallas | Austin, TX · Member since 2018 · 5k+ posts · 2k+ votes
    3y

    @Matt Kulpinski

    Building a team is a gradual process and you should not hurry on it.

    Connect with as many professionals as you can and understand their functioning ways.

    Start with learning the process and understanding the local market.

    I am a real estate agent and investor in the Austin, Houston and Dallas market.

    Good luck!

  • Member since 2019 · 2 posts · 1 vote
    3y
    Quote from @Eric Fernwood:

    Hello @Matt Kulpinski,

    Well done. A good local investment team will save you time, money, and risk.

    The place to start is by finding an investment Realtor. You can then leverage your investment realtor’s network for other team members.

    Note that an investment realtor is not a residential or "investor-friendly" realtor, who will only provide MLS data sheets. MLS data sheets are almost useless to investors. Below is a comparison between what an MLS data sheet provides and what an investor needs.

    Only an investment realtor, who is part of a team, can provide everything you need. Finding an Investor realtor is not easy. The challenge is selecting a good investment realtor from an ocean of residential realtors. Where can you search for candidates?

    • Property managers
    • Real estate investing websites
    • Local investors
    • Talk to real estate brokers
    • Google searches
    • Local meetups
    • Online reviews

    Once you have candidates, evaluate each candidate using the flow chart below. If a candidate fails even one question, eliminate them from consideration.

    If a candidate passes all the above, you can be assured they know what they are doing. Also, an investment realtor and team will cost you no more than a residential realtor.

    You mentioned a problem with a contractor. Only a good local investment team can solve this problem. Here is the issue. No matter how large your renovation is to you, it is a small job to the contractor. So, they only work on your job if they have nothing else to do. The only leverage you have is your team. In our case, the renovation company we work with gets 5 to 10 jobs each month. They know they have to do all our jobs well, large or small, or they lose all of our business.

    There is another renovation consideration, and I cannot emphasize the following enough. Unless you have someone experienced in construction and managing people, go on-site at least every other day, your job will take a long time to complete, the quality will be poor, and the price will go up. Renovation over-watch is critical. Check any potential investment team for this capability.

    Love this advice!   Thank you.  
    A fellow veteran and I are looking to invest in  multi-families (Houston-San Antonio).  We will require this caliber of professionalism to succeed 
  • Rental Property Investor · San Diego, CA · Member since 2013 · 3k+ posts · 4k+ votes
    3y
    Quote from @Joe S.:

    Do you want access to my bank account as well? Lol

    On the bright side you should have quite a number of realtors say hi.


     Whoa, you called it...

  • Member since 2023 · 19 posts · 33 votes
    3y

    Hey OP, I’m out of state and fairly new to RE but looking to break the ice as a private investor.  How far along are you with getting a solid team.  Any strong leads with properties?  

  • Jordan MoorheadBusiness Member
    Real Estate Agent · Austin, TX · Member since 2015 · 5k+ posts · 3k+ votes
    3y

    @Matt Kulpinski we have a solid BRRRR team in San Antonio

  • Real Estate Agent · San Antonio, TX · Member since 2020 · 103 posts · 78 votes
    3y

    Kelly Smith @ easy street capital is a great resource for hard money 

    PMI Birdy Properties is a great resource for property management

    GCs:

    L&I General Maintenance, remodeling, and construction 

    BRC Remodeling Group

Join the conversationCreate a free account to reply, vote on answers and follow this thread.