All Forum Posts by: Eli Diaz

Hello All. Moved to SATX back in May and bought off of 1604 and Marbach. 

House is 4 bed 2.5 baths with a bonus room upstairs. Thinking about adding a closet to the bonus room to turn it into a bedroom. The room has windows and doors. Reason is to try to create value by being able to list the house for rent and in the future for sale as 5 BR instead 4 BR. Look at some other comps and it makes sense when looking at added value compared to cost

Are there any steps that are required in SATX to covert a bonus room to BR? Or is as simple as adding the closet?

@Yashank Choksi interested in the conversation. In the past, tried to get access 'to all the data's by attempting to scrape it off sites like Zillow or realtor. This was not successful since the sites have some good anti-bot detection and response. Always wonder if others were successful in getting the data to develop analytics against.

Hello all,

As i do my research, i continuously hear the importance of building a team around you. And i definitely see the importance. Part of the team, and maybe the biggest part, is the real estate agent. 

Throughout the forum I see "Investor Friendly Real Estate Agent".

My question is what makes an agent "Investor Friendly"? What do they do differently from non-investor friendly or general agents? 

What are some things that investor are looking for in their agent?

Awesome thanks for the feedback. Getting excited about the journey. 

Hello, 

Long time reader, first post on BP. I just moved to SA this year. Purchased a home but looking to purchase an investment property. Have about $30K-40K that i can put into a down payment for the investment property. Have more if needed but trying to stick to that budget and see what is possible. Long term goal is to purchase a property a year. but looking to start small. $40K gives me enough to put a down payment on $160K or lower property. My goal is cash flow and capital stability. 

After starring at Zillow for days now, several $120K properties are looking appealing to just start the research. Would still have to check condition of the house and area of the house. 

Biggest thing that i see is that house around the $120K tend to be 1400 sq ft or smaller. some under 1000 sq ft. Just unsure if it is wise to invest in smaller property in the long term when they are barely bigger than an apartment.

Are there cons in the long run when buying smaller properties? 

Hello, 

Long time reader, first post on BP. I just moved to SA this year. Purchased a home but looking to purchase an investment property. Have about $30K-40K that i can put into a down payment for the investment property. Have more if needed but trying to stick to that budget and see what is possible. Long term goal is to purchase a property a year. but looking to start small. $40K gives me enough to put a down payment on $160K or lower property. My goal is cash flow and capital stability. 

After starring at Zillow for days now, several $120K properties are looking appealing to just start the research. Would still have to check condition of the house and area of the house. 

Biggest thing that i see is that house around the $120K tend to be 1400 sq ft or smaller. some under 1000 sq ft. Just unsure if it is wise to invest in smaller property in the long term when they are barely bigger than an apartment.

Are there cons in the long run when buying smaller properties?