Hi everyone! I’m based in San Antonio and getting started with real estate wholesaling. I’m learning how to evaluate properties, estimate repairs, and understand Texas purchase and assignment agreements. I’d like to connect with experienced local investors and learn what makes a property worth pu...
Hey everyone! I wanted to introduce myself. My name is Garrison and I have been looking into wholesaling in the San Antonio, TX area. Since I'm just getting started, I figured I’d say hi and tap into the community. Does anyone have any general advice, tips, or rookie mistakes to avoid for a begin...
Underwriting sanity check: 70% of BCAD minus repairs vs 70% of ARV minus repairs vs BRRRR backup - Am I double-conservative? Hey BP, Long-time lurker, first-time principal. I've been wholesaling / bird-dogging in San Antonio / New Braunfels and I've been underwriting super conservative to stay sa...
Hey BP fam, Excited to finally share this one — I just picked up a 3BR/1BA short-term rental in San Antonio, TX that sleeps 6. I'm on my 2nd guest stay so far. It's sitting in a great spot: about 3 miles (7 min) from Lackland AFB and 6.5 miles (11 min) from Sea World, so I'm hoping to capture bot...
I'm converting a 1-bedroom apartment into a furnished STR/Mid-term rental. It doesn't have wahser/dryer hookups. I'm looking into getting the portable units that they sell for RVs/dorms. Has anyone installed these and if so, were they easy for the guests to use? Do any of you offer STR/mid-term r...
Hey everyone! I'm Athena, a Texas REALTOR® with Strata Group at eXp Realty, based in San Antonio. I help sell new construction duplexes with Invest 5S in San Antonio and the Dallas/Fort Worth area. The local builder handles everything from finding the land, building the duplexes, connecting buyer...
I am new and would love to connect with anyone looking to partner with me. Thank you
Buying in a Buyer's Market in San Antonio, And What Flippers Need to Do to Sell Fast! I’ve been buying and watching San Antonio investment property for a while, and this is one of the better buyer environments we’ve seen in years. That does not mean every property is a deal. It does not mean you ...
Hey BP, Long-time lurker, getting more active. I've done a couple wholesale / bird dog deals here in Texas and now I'm intentionally making the jump to doing my own deals as principal. Trying to do this right, not fast. Would love advice from folks who've made that jump, and specifically anyone a...
Hey, I'm getting ready to purchase my first single family investment property. I have money saved up for a down payment plus more and good credit. Should I go the conventional loan or DSCR loan? I want to scale up after my first property
I got a call yesterday - lady 17 months behind on mortgage. Everyone on my Facebook would have locked it up, posted "Investor Special - $5k non-refundable - Assignable Contract - 30 day close" and prayed. I ran it. The opportunity was too tight for MY buy box, so I politely declined and referred ...
Hello friends. An outdoor living contractor screened in a patio a few years ago and added a small section of roof to the existing patio roof. This addition has been leaking since it was built just under 3 years ago. They have been tinkering since. Show up, disappear for a few months, show up agai...
I’m finishing up my first BRRRR, bought the home at $115k, put $8k in out of pocket sweat equity. Have a renter in place at $1800 a month. House appraise for $245k. I’m should be finishing the refi the week after next. Two part question 1. Do you all like to leave more money in the deal? We have ...
Vitals: 78230, 4/2 2,154', 1971 build, 11 years vacant, probate cleared. ARV: $390k-$420k BCAD $376k / Zillow $381k / Realtor CMA $398k High-end comps: $192-$204/ft avg $426k As a rule of thumb I'm using BCAD - 70% - repairs = MAO Repair Buckets: Light: $40k Average: $70k ($30-35/ft) Heavy: $150k...
I'm just now getting serious I'm looking for a deal before the end of this month. I'm solo and I'm actively calling and making offers on off market properties. I'd like to join a community like this to meet other professionals and learn the game/business. I did a few deals as a bird dog for other...
My husband and I have been interested in real estate investing for some time, but at our age we are not looking to spend time rehabbing or landlording. We travel a lot and tenants and toilets do not interest us. Thinking about flipping land. Does anyone have any experience with Mark Podolsky and ...
Exploring the development of a modern bouldering gym/community fitness concept in the fast-growing Boerne/Leon Springs corridor. I come from a construction/development background and have identified a potential commercial site around 1.1 acres. The concept focuses on: recurring memberships youth ...
I currently house hack a duplex and the other units tenants are managed by a property management company. When I closed on the property I kept the current property management in place (inherited the tenant) for a smooth transition and I was concerned about the tenants learning I was the property ...
I just bought four SFH outside San Antonio and the cash flow is minimal but bought them for appreciation and tax benefits. Before I start marketing them I was consider a the mid-term rental option for one of them. I'm aware of AirDNA for AirBNB data but how do you do market research for mid-term ...
I was getting denied on every job application, but I don’t believe in handouts and refused to ask for help. I had a computer, internet, and leads, so I took matters into my own hands and dove into wholesaling—with my eyes set on fixing and flipping. Bills were still piling up, so to create immedi...
I have a few single family homes but my wife and I are looking to make a pivot to MHP. I plan to use my VA loan to secure the land and first mobile home. We will have to live there for a year to fulfill the VA residency requirement but we can get in for $0 down. Has anyone used a VA loan like thi...
I have experience flipping houses and currently own a small portfolio of rental properties, but I’m considering a pivot into mobile homes. I have access to distressed mobile homes that can be purchased for $1,000–$10,000. A deal I’m evaluating would look something like this: Purchase: $5,000 Reha...
I am looking to connect with an active, experienced real estate wholesaler willing to provide hands-on exposure to the business. My goal is to learn proven, efficient approaches for: Sourcing and analyzing off-market deals Engaging with distressed property owners Negotiation strategies Conducting...
Im a new investor and am trying to learn everything I can about wholesaling and flipping. But in terms of flipping here in Texas, what are all the main documents that I need? Are these documents that I have to acquire myself or are some written up by somebody else like a bank or Title company? Th...
Hey, I own a 3/2 single family home 1,200 sq ft with no garage. I want to rent it out. Which insurance company should I do go? Big name or small size.