All Forum Posts by: Nagarjuna Kalavagunta

Good morning Naga,

I recently moved to New Braunfels, TX, and dipped my toe into REI in San Antonio last year. Like you, I also felt like I had enough sense to make something happen, but due to the volatility in the market, I wanted a trustworthy agent to help me navigate the process. Long story short, I came into BiggerPockets and found Loren Polito, who specializes in multi-family. He took the time to explain all the details I was missing, never pressured me into anything, and shared his personal investment strategies and contacts. He also brought me off-market deals. I ended up purchasing a property in SA, and I am currently seeking a second. As you can see, I am not actively posting here, but I felt compelled to share his contact information with you in case you need someone you can trust in your corner. Link up with Loren here: https://www.biggerpockets.com/...   

Best of luck brother

@Nagarjuna Kalavagunta @Aaron Francl is our guy! I like multiple doors because if you have a vacancy it's not 100% like what happens with vacancy in single family

Hi @Nagarjuna Kalavagunta - welcome!

I'm happy to provide you a little insight into the areas you mentioned. 

Generally speaking, those are all areas that should be targeted by investors. The 35 corridor would absolutely be an area I'd focus on. Given the lack of inventory and increased competition for assets in both San Antonio and Austin, investor activity has been consistent in the areas you mentioned due to necessity and price points vs. the larger cities (SA & Austin).  

As for anything specific for you, there are a lot of variables that exist between the two types of assets you mentioned. What are your short term and long term goals for this purchase? Those insights will help guide you to your answer.

Shoot me a message if you'd like to connect further and best of luck to you in your search!

@Nagarjuna Kalavagunta I recommend buying as many doors as you can to get started. We find some great small multifamily for clients and have a great agent in that area!