All Forum Posts by: Sino U.

Hi Sino,
I saw your post and thought I’d echo what others have said about Dominique Leal. His name keeps poppin up with great feedback... Like @Mike Fingleton already mentioned, he’s extremely responsive and has excellent market knowledge. That’s the kind of agent you want in your corner, especially in a competitive market like San Antonio.

While I haven’t worked with him directly, I’ve spoken with an investor friend who did. They mentioned how Dom helped them narrow down neighborhoods for a multi-family purchase and even flagged potential zoning issues before they made an offer. That kind of attention to detail can save a lot of headaches.

Are you focusing on multi-family properties in SA only, or are you also exploring other opportunities elsewhere? I’d be happy to share some insights or connect you with more resources.

House Hacking locally in a state that literally has one of the worst reputations for landlords is how my wife and I got to financial freedom.  I live in New Jersey and invest in New Jersey. When first starting out we almost pulled the trigger with out of state investing, looking back and running the numbers of what it could have been compared to what it is today no way we would be anywhere near what we have right now had we decided to invest out of state.  House hacking in the market you live in is such an unfair advantage that compounds in ways you will not believe. 

Who would have ever thought that the midwest would be such a "hot market". How times have changed. 

@Sino U., don't worry about others enthusiasm, only about your own. Realtors work for you. Have a plan and leverage them towards your goal. They're not going to do it for you, no one will. You have to apply pressure when necessary to keep the ball rolling. There's LOTS of wanna be investors who start down the road, make a lot calls and take no action. If you want it to happen, YOU have to make it happen. 

Good luck with your journey.

Cheres,

Find a Realtor who doesn't care about bashing a market. The enthusiasm part is so true. Realtors tend to lean into peoples ideas even if they arent good. 

For example, I am not a fan of the center city market right now because it is tough to sell/rent on the back end (and most realtors know this), but as soon as you mention something like: "Yeah i've been thinking about point breeze", they will immediately turn their gears and say something like: oh yeah, that's a very up and coming area. 

Lol I feel you man. I always tell my clients exactly whats going on and if any area is struggling or booming. but maybe I'm just one of those Realtors too hahah. 

So to test this to see how the realtor reacts, you can study about neighborhoods, and focus on an A neighborhood and D neighborhood (you can generally find this online). Be enthusiastic about the D neighborhood, and not so enthusiastic about the A neighborhood and see how they react. Are they just rolling with you, or are they setting the market straight for you?

But like others have said, invest in your market first to learn first hand!

@Sino U. why not invest in your area?  Get your feet wet and learn at home.  Invest out of state for #2 property. . .