All Forum Posts by: Sunil Gadi

@Rick Pozos thank you for the information.

Thank you all for your information and suggestions on other markets of Texas.

Thank you all for your replies.

The house I bought is rent ready from day one and it is zero cash flow after including property management expenses.

My question is more about does NB has the potential to be one's primary real estate market portfolio city. i.e. will it have enough rental demand always, ease of finding cash flowing properties etc. Some of you have already commented on the City's potential.

I am kind of newbie and I purchased my first rental in New Braunfels TX recently. Currently, I get zero cash flow on the property.

I noticed that successful single family rental investors choose a city, stick to it and keep expanding their portfolio in the city. Over the time their network, knowledge about the city grows and it becomes easier for them to triage the properties before they decide to purchase their next SFR.

I do want to expand more in NB but I am not yet sure if NB is the right place. I picked NB because it is in between two big cities Austin and San Antonio. I felt that we could get decent cash flow and good price appreciation eventually.

A few points against NB: NB is not a big city nor does it have any big employers. People has to move to NB and look for rental properties just because they like the city. I see the the city is giving lots of permits for new builders in NB which could increase supply of homes in the area.

Wondering what are your thoughts on NB. Do you think NB could be the city where one can expand their real estate SFR portfolio if so why do you think so.

Thank you