All Forum Posts by: Shaun Witcher

@Trevor Candice the plan they you are thinking about is a good one. Live in one unit and rent out the rest. There are several multi family properties throughout San Antonio.  A duplex up to a four plex would be the best option. Let me know if you have any further questions. 

Evan,  I agree with Daniel.  The West and North West is pricey and competitive (mostly all San Antonio).  I also agree about your own backyard for deals.  But there are three bases in San Antonio, buying close to those areas should work well for you.  

Have you asked your realtor about property managers? I would start there to see who they work with.  There are several good ones, just interview at least 3 and see who fits what you are trying to do.

Trying to BRRRR is a challenge in this market. Off market may provide more options. Even then it will be tough! Just getting a good property in a good location is key as the market will continue tick up!

Shaun

@Ryan Estes it all depends on the type of home you are looking for and the amount of rent you will receive. A lot goes into it such as location and size. 

@Prasad Ma I would look in a different area.  I can send you some properties that better fit your criteria. Everywhere is appreciating in San Antonio, but there are areas that are a lot better.  Schertz/Cibolo is a good area, but what is your budget? I just helped an investor buy a rent ready property, only a few years old and had a little equity when they bought it. I sent you a message with my contact info. 

@Prasada Ma what are your goals? That area can be hit or miss it just depends on what your goals are. Let me know if you want to discuss in more detail!

Jeremy,

I sent you a message!

Thanks,

Shaun

Sarah,

Properties don't usually dissappear overnight. There could be several reasons they were not there the next day.  Without addresses, it is hard to say what happened. 

If you are looking for multi-family, I know of some new construction being built on the Eastside of San Antonio. 

Thanks,

Shaun Witcher

@araceli

Welcome, I would say in the San Antonio market it is really competitive.  There is a lot of demand and the market is a seller's market.  Also, a lower price is not always the best option.  Paying a little more to get a better quality home, area, and attracting a better quality tenant will help you out greatly.  Understand the area you want to invest in and what is your ultimate goal will help you develop a solid strategy.  There looks to be no slowing down here! Let me know if you have any specific questions.  I hope this helps!   

The county websites are pretty accurate.  If Bexar County it is bcad.org.  

No one can 100% accurately predict the future.  I can tell you that the San Antonio market has not slowed down.  You have to do your own due diligence and determine what is a good choice or not for you.  But if you buy the right way you should be good.