All Forum Posts by: Stone Saathoff

San Antonio Flippers and Buy & Hold Investors,

If you are a rehabber looking for your next flip, a landlord looking for your next 1% BRRR property, a builder looking for your next lot, or an agent with investor clients, I'd love to connect with you and see how I can add value to your investing.

My name is Stone Saathoff. I am a licensed agent specializing in providing off-market discounted properties all over the city of San Antonio, with the occasional deal in Seguin, Boerne, New Braunfels, and Floresville. Title is guaranteed to be free and clear at close EVERY SINGLE TIME. From land to build on, to full rehabs, to no foundation cosmetic rehabs, we see everything and we sell everything. I GUARANTEE I can put more properties in front of you every month than any other source of investment properties in the city.

I can connect you with trusted hard money lenders, subcontractors, and listing agents to help you sell or rent your property.

There is no cost or obligation to working with me, and you'll never pay me a commission. The only thing I ask for is a brief meeting with you on google hangouts or zoom before doing business, because business is better when you know who you're working with.

Stone Saathoff TX LREA 731694

Cell: (713) 305-7995

Call me to start seeing deals!

There are certainly rental owners in San Antonio who are able to rent without repairing the foundation, but it's difficult to give a straight answer without looking at a couple factors.

What neighborhood are you in? What price are you renting at? How bad is the foundation issue? Do you need financing? 

If it truly is only a minor issue you could most likely get away renting without touching it, but 8K does not sound minor for our area.

Couldn't agree with @Joseph Cacciapaglia more. So many metrics to look at besides that rule.

Appreciation is such a big factor for the long term investor.

@Kavita Joshi

Welcome!

Tips for multi family? Make sure you're prepared with financing as that's a larger obstacle than usual at the moment for most people.

Do you have any boots on the ground here yet? (San Antonio)

I am a wholesaler in the San Antonio area with New Western Acquisitions. At the time of writing this, I have 10 single family deals available, one duplex, one 10 unit turnkey complex, and one 47 unit value-add complex. 

These are the types of deals that I get on a regular basis. If you'd like to join my buyers network please reach out to my cell phone at 713-305-7995 so we can get acquainted. I work with beginners and seasoned pros.

Cell phone # is 713-305-7995 to join my buyers network.

@Betty Cruz

How have you been managing to keep your airb&b full??

From my perspective I actually still have quite a few active buyers. For sure though it has to be a better deal than before covid, but I've been able to help them find those.

Learn and put things in place to get started. Be laser focused, not the jack of all trades. Find what works for you, become an expert.

Hey Kylee! I'm with an established wholesale brokerage in the area. San Antonio is my specialty. Plenty of insight to share with you, would love to connect!

The only time I would suggest using a HM loan on a rental property is when you literally don't have enough cash to do the purchase + rehab without them. For flipping is another story but the only advantage with rentals is that they can make you as competitive as a straight cash offer without you actually having to pay the full amount.