All Forum Posts by: Heath Shepard

Partnering up is a great way to get started. In addition to the BRRRR book mentions above, which is a great book, I would also recommend Brandon Turners book on investing in real estate with low, and no, money down. It goes into some creative ways to partner with someone because there are so many different ways to make it work. maybe you partner up with someone where you bring the capital and the experienced BRRRR person does the rehab and you share ownership and cash flow. Or maybe you just pay them a fee at the end,like a GC. Point is there are so many ways to make it work. I have investors here in San Antonio that have done many many BRRRR's and I would be happy to make an introduction if you like. I have partnered up with them as well where I bring my knowledge of the market and capital to a deal and we split the profits. Happy to point you in some directions if you like.

Investing in San Antonio real estate can be an attractive option for several compelling reasons:

1. Steady Population Growth: San Antonio is one of the fastest-growing cities in the United States, with a steady influx of new residents seeking job opportunities and a high quality of life. This population growth creates consistent demand for housing, making real estate a stable investment.
2. Diverse Economy: The city boasts a diverse economy with thriving industries like healthcare, technology, military, tourism, and manufacturing. A robust job market fosters increased demand for housing and rental properties.
3. Affordable Housing Market: Compared to many other major cities, San Antonio's housing market offers relatively affordable property prices, making it an accessible option for investors looking to enter the real estate market.
4. Strong Rental Market: San Antonio has a significant rental market, driven by a growing number of renters and the presence of military personnel and students due to various universities and military bases in the area. This presents opportunities for steady rental income and cash flow.
5. Tourism and Culture: The city's rich history, vibrant cultural scene, and popular tourist attractions draw visitors year-round. Investing in short-term rental properties or vacation homes can be a lucrative venture, especially in tourist-heavy areas.
6. Pro-Business Environment: Texas is known for its pro-business environment and absence of state income tax. These factors attract businesses, entrepreneurs, and job seekers, further boosting the real estate market.
7. Infrastructure and Development: San Antonio continues to invest in its infrastructure and development projects, which can positively impact property values and attract further investment.
8. Quality of Life: The city offers a high quality of life with an excellent climate, diverse dining and entertainment options, and abundant outdoor activities. This makes it an appealing destination for both residents and potential renters.
9. Long-Term Appreciation: Historically, San Antonio has experienced steady real estate appreciation. Investing in properties with growth potential can lead to long-term wealth accumulation.
10. Diversification of Portfolio: For real estate investors looking to diversify their investment portfolios, San Antonio provides an opportunity to enter a different market outside of the major coastal cities.

As with any real estate investment, conducting thorough research, working with experienced professionals, and understanding the local market dynamics are crucial for successful ventures in San Antonio's real estate market. With its promising growth and favorable investment climate, San Antonio continues to attract investors seeking opportunities for financial prosperity and stability.

Welcome to our monthly San Antonio Real Estate Market Update! As your trusted local real estate experts, we aim to keep you informed about the latest trends and insights shaping the San Antonio housing market. In this edition, we will delve into the current state of the market, including property prices, inventory levels, buyer and seller activity, and the economic factors driving these trends.

Property Prices on the Rise

Over the past few months, the San Antonio real estate market has experienced a steady increase in property prices. The demand for homes remains robust, fueled by a growing population, a strong job market, and attractive lifestyle options. As a result, we've observed a year-over-year appreciation in property values, making it an opportune time for sellers looking to capitalize on their investment.

Inventory Levels and Competition

While demand remains high, the availability of homes for sale has been somewhat constrained in recent months. Inventory levels have tightened, resulting in a seller's market where multiple buyers often compete for the same property. This competition has led to an increase in the number of multiple-offer situations and a quicker time to sell for well-priced homes.

Buyer and Seller Activity

Buyer activity in the San Antonio market has been robust, driven by historically low mortgage rates and the desire for homeownership. Many buyers are eager to take advantage of favorable financing conditions and secure their dream homes. On the other hand, sellers have been responsive to the increased demand, listing their properties with confidence and achieving favorable sales prices.

Factors Influencing the Market

Several economic factors are influencing the San Antonio real estate market's current state:

1. Population Growth: San Antonio continues to be a magnet for new residents seeking job opportunities, a lower cost of living, and a vibrant cultural scene. The city's population growth is a significant driver of increased housing demand.
2. Employment Opportunities: The San Antonio job market has remained robust, with industries such as technology, healthcare, and military contributing to steady employment growth. This has drawn in workers from various parts of the country.
3. Affordability: Compared to many other major cities, San Antonio's housing market remains relatively affordable, making it an attractive destination for first-time buyers and families looking to relocate.
4. Investor Interest: Real estate investors have also shown increased interest in the San Antonio market, recognizing its potential for rental income and long-term appreciation.

What's Ahead

As we look ahead, it's crucial for both buyers and sellers to stay informed about the ever-evolving San Antonio real estate landscape. With the ongoing population growth, a healthy job market, and attractive lifestyle options, the demand for housing is expected to remain strong. However, keeping an eye on inventory levels and economic indicators will be essential to make well-informed decisions.

Thanks for reading!!! Stay tuned for next months San Antonio Real Estate Market Update!

Happy Hunting!!!

I'll distribute to my network!

Hey Thu! All good advice here.  Go where the deal is.  I will say that there is a lot more newer construction on the west side but a lot of revitalization on the east side.  I am really liking what I'm seeing along the I35 corridor and, personally, I feel like for a long term appreciation play this is a an area to keep an eye on.  There are more foundation issues on the east side of town as well due to the higher expansive clay soil content.  West side is more rocky and as a result the ground is more stable.  BUT this is San Antonio and there are foundation issues everywhere...  School districts are also better on the North and North West sides which also carries higher property values but also higher rents because they are more desirable.  Hope this helps a bit.  I would love to talk with you further.

Best of luck! 

 Congrats sir! I can't wait to hear more about it! I work quite a few flippers and would love to network with you.i want to embark on a flip myself here soon.  Working on a cash out refi on one of my properties to free up some equity. 

I look forward to hearing from you!

Heath Shepard  

Hi there! looking for someone who has done some BRRRR's in SA and would like to assist me in locating great potential BRRRR's for my clients and myself. I am, personally, trying to find BRRRR's for myself as well. I have many clients that would like to use this strategy as well to grow their own portfolios. As an experienced BRRRR specialist you should be able to accurately estimate rehab costs and ARV's. I can help determine these values as well but I am hoping you can save me some work by not double checking your work. You would essentially be a wholesaler for these properties that don't necessarily work for you for whatever reason. I really look forward to working with you!!!

I have many investor clients that would be interested in doing flips and buying flipped houses as well.  I would be interested in talking with you to see if I can utilize your skills in locating good potential flips and have you whole sale them to me or my clients.  As an experienced flipper you should be able to accurately budget rehab costs but maybe certain deals aren't perfect for you but they will work for someone else and I would like to compensate you for finding the deal through an assignment fee.  I have more clients than I do deals in my pipeline.  Please help me creat this win win strategy!  I look forward to hearing from you!

Hey everyone!! This is my first meetup and I already have a great group of investors, lenders, contractors, and wholesalers committed.  I would love to have you join us and tell us how we can help you achieve your investment goals.  This is bound to be a great networking event where you will leave with more knowledge and connections that will help you move your business forward.  Please feel free to reach out to me to let me know that you will be joining us so that I can keep an accurate count for the restaurant.  I cant wait to meet you, hear about what you are doing and where you want to go.

Talk to you soon!!

Heath Shepard

Keller Williams

808-392-3032

[email protected]