Bandera, TX · Member since 2015 · 27 posts · 7 votes
I'm new to investing and I want to begin as a birddog/wholesaler, preferably wholesaling. I'm doing a lot of research, learning and also ready to take action. Any advice on choosing a farm area here in the San Antonio area?
Are there good opportunities to wholesale in surrounding cities like Kerrville, Boerne, etc., or is San Antonio metro the place to be?
Wholesaler, Rehabber and Landlord · San Antonio, TX · Member since 2014 · 2k+ posts · 2k+ votes
10y
In San Antonio there are more investors or buyer of your properties than out in the smaller towns. So it would be easier to get rid of a property in the city. If you are pretty connected in Bandera, I would think that you could find properties and sell them to friends an/or family with little effort. It is all a matter of having a network of buyers ready to purchase your GOOD deals.
Wholesaler, Rehabber and Landlord · San Antonio, TX · Member since 2014 · 2k+ posts · 2k+ votes
10y
In San Antonio there are more investors or buyer of your properties than out in the smaller towns. So it would be easier to get rid of a property in the city. If you are pretty connected in Bandera, I would think that you could find properties and sell them to friends an/or family with little effort. It is all a matter of having a network of buyers ready to purchase your GOOD deals.
I'm new to investing and I want to begin as a birddog/wholesaler, preferably wholesaling. I'm doing a lot of research, learning and also ready to take action. Any advice on choosing a farm area here in the San Antonio area?
Are there good opportunities to wholesale in surrounding cities like Kerrville, Boerne, etc., or is San Antonio metro the place to be?
I almost freaked out! I thought it was shia labeouf. If you remember All That, pizza face flips houses now.
Anyway, enough about my childhood. The way I choose a farm area is I look at the cash sales where the most and the highest were located then I mail those zip codes. I think that a metro market is not the place you want to start.
Helotes, TX · Member since 2015 · 18 posts · 3 votes
10y
I guess I'm a little ignorant to this. How would you go about finding an area with the highest cash deals? Is there a website or would you have to ask a realtor?
I guess I'm a little ignorant to this. How would you go about finding an area with the highest cash deals? Is there a website or would you have to ask a realtor?
A realtor or list source. You can go into list source and it will tell you how many buyers but not until you buy the data to see how much they spent. Find a realtor at a REIA or meetup.
Investor · Schertz, TX · Member since 2013 · 32 posts · 5 votes
10y
@Mike Watkins, that's an excellent idea! Would I simply ask my realtor/agent if they can send me a list of the areas with the highest cash deals in a given city/zip code?
Investor · Schertz, TX · Member since 2013 · 32 posts · 5 votes
10y
@Mike Watkins, that's an excellent idea! Would I simply ask my realtor/agent if they can send me a list of the areas with the highest cash deals in a given city/zip code?
@Mike Watkins, that's an excellent idea! Would I simply ask my realtor/agent if they can send me a list of the areas with the highest cash deals in a given city/zip code?