All Forum Posts by: Milla Vesanen

Sorry for the late reply. For whatever reason I missed that there were new posts to this thread! 

@Rick Pozos that's what I've come to realize as well. There doesn't seem to be many good deals (and definitely no great deals) on the MLS. Also, having said that I believe you when you say that it's a lot work to find those good deals.

@Joe Crupi I've analyzed some properties I've found on the MLS to get an idea of what the monthly cash flow could look like and it does seem that the cash flow (if there is positive cash flow) is just barely enough to cover all the other costs! But like Rick said, maybe looking at the MLS isn't the best way to go. Unless, maybe there are areas in the city that are more profitable for rental investors. I think a big problem or concern for me is that I really don't know anything about San Antonio, and I am hesitant to even look in areas that I don't know anything about.

@Laura Kayes Are there any specific areas in the NE that you are referring to? I really don't know anything about SA since I just moved here less than a year ago, but I have heard that the NE isn't the best area to live (aka maybe like a C neighborhood). But like I said, I really don't know. 

Thank you for all the replies!

I've had some time to think about what kind of investing I want to do. I'd definitely feel more comfortable sticking to at least a B neighborhood, and I'm not looking to take on a huge remodeling project (like having to knock down walls and such). Small updates like painting or maybe even new flooring depending on a case would be fine. I have looked into some properties in the northwest and northeast San Antonio areas, and like @Rick Pozos said, it seems to be impossible to find a nicer property that would cashflow well. I feel somewhat torn because I would like a property that would cashflow well (perhaps not 2% but definitely more than .5%) but that does not seem feasible in the areas that I am looking at. 

Hi everyone,

I am new to Texas (and to Bigger Pockets), and I am currently trying to educate myself about rental investing. Since I am new to San Antonio, I'm also trying to get to know the city better before actually starting to look at possible rental properties. My goal would be to invest in an SFR, but like I said I'm still just trying to educate myself so I am open to other options as well.

My question is: What would be some of the better areas to buy a property in San Antonio? Or maybe even somewhere outside of SA but still relatively close? Any input would be greatly appreciated!

Thank you