All Forum Posts by: David Mares

Hi everyone, My family and I are looking to purchase our first home in San Antonio and have seen a couple of nice properties in the Castle hills area. I don't know much about that part of town and would like some more information if possible from others (taxes, location, if it'll be marketable as a rented property, Etc) If we do purchase a home out there Id like to use a buy and hold strategy to rent it out as we intend to move in 3-4 year increments to build our portfolio. I just don't want to be "stuck" with a home in a location that may not attract renters down the road at a later point in time. Thanks in advance for the help BP

Solid feedback guys thank you for the suggestions I will be sure to do some more homework Rick Pozos Tim Macy

Hi everyone, This pertains to my San Antonio investors. I am a perspective home owner and would like some helpful feedback. I'm 26 and my wife and I are looking to purchase our first home and have been huge fans of downtown the last two years (the pearl, blue star and etc). We see all these houses that look fairly nice and well kept in the East Side. I don't watch the news much due to its general negativity but I'm always hearing about the violence in the Eastside. So my question is, is it really THAT bad in that part of SA? I don't know much about that side of town since we live near sea world but I just wanted to know more possibly which places to avoid if we were looking downtown. Thank you for the help

@Rod Desinord, as a TV personality he was okay and even quite hilarious unknowingly. But living in San Antonio as he does, I've noticed that he has been characterized as abrasive and arrogant perhaps due to his success. I wish him well nonetheless but it's just my observation. Lately his guru workshops are under lots of scrutiny for the high admission costs and the lack of a "real" education and ROI for attending such classes. Very similar to that of Than Merrill and his team who appear to be great guys but may have other financial motives.

@Account Closed that was some great feedback, I was completely unaware of the rules possibly restricting those who own other properties, so I do appreciate the heads up. I'll be sure to double check before we commit. 

Hi everyone, 

I am a prospective RE investor from San Antonio and would like some feedback in regards to HUD homes and my first purchase as a homeowner. My wife is a school teacher and keeps mentioning the "discounted" mortgages that are offered to teachers, police officers and fireman as they require the homeowner to live in that home for 5 years and other requirements. I understand that. But I would much rather purchase our first home via an FHA loan that will allow us to occupy as our primary residence while making some fixes and preparing as a rental. I would then like to relocate my family to a HUD home after we fulfill our obligations and then take advantage of my wife's "discount" if you will. My main question is, have any of you ever executed this type of strategy to get started in REI?

Thanks!

Wow thanks for the helpful information you all have provided! I greatly appreciate it, I'll be sure to use the resources mentioned :)

Hi everyone, 

I am an aspiring investor from the San Antonio area and am looking to rent to SFH to active military (SA is a large military city). My father is retired Air Force and I accompany him to several base facilities where I can post my information for those who are new and searching for a home. Can you share some valuable lessons that you have learned from having tenants in the military so that I may be better informed?

Thanks!