All Forum Posts by: Sterling Williams

Like Ian was saying, foundation issues will be the most common problem that you will find due to the local geology.  If the foundation needs repaired, you'll most likely suffer some plumbing issues that will need to be corrected after the foundation is leveled.  Roofs also tend to have a shorter life expectancy due to the high heats and weather extremes. 

You can find better cash flow in other markets, but San Antonio has some great economic conditions that help with long term growth. 

Are you looking for older properties with value add potential or would you prefer to acquire a multifamily property that's turnkey in order to buy and hold with minimal CAPEX?

Eric,

Good evening! I specialize in Multifamily properties within San Antonio and New Braunfels. Let me know if you would like to schedule a phone call to discuss. You have some options here depending on your investment strategy and property classification preference. Let me know and we can discuss further.   

 Thanks Dave!

Thanks for the reply John! Most of the investors I work with are either looking at selling and transitioning into small commercial multifamily (8-20 units) or want to disburse into 2 or 3 (2-4 unit) properties. With that being said, I'm also looking for portfolio's consisting of multiple contiguous properties that would qualify under the IRS 1031 Code.  

Good morning all! My name is Sterling, I'm a Realtor in the San Antonio TX and specialize in multifamily properties in and around the San Antonio area. I'm looking to build a referral network of agents who specialize in multifamily properties around the country as well as internationally. In times of low inventory like San Antonio and other markets are experiencing right now, it's of great comfort to build a strong network to better serve our clients especially during the 1031 exchange process. If you're an investor looking to purchase in San Antonio or just have a question, please don't hesitate to contact me. Agents, I look forward to speaking with some of you in the future and building long lasting relationships.  Thanks!