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All Forum Posts by: Tiffanie Figueroa

Tiffanie Figueroa has started 0 posts and replied 53 times.

Post: Local Lender Recommendations

Tiffanie FigueroaPosted
  • Posts 56
  • Votes 29

I would recommend Jade Flores with Longhorn Investments. They are local to San Antonio and who I recommend to my clients for hard money loans

Post: Out of State Flipping

Tiffanie FigueroaPosted
  • Posts 56
  • Votes 29

Finding a solid GC can be tough—especially in San Antonio. One strategy that’s worked well for me is looking at recent flips that match the level of finish you're aiming for, then reaching out to the listing agent to see if they’d be willing to share the contractor’s info. You might not be able to tour the home in person, but if it sold quickly, that’s usually a good sign. Be sure to ask the contractor for a few references and do your due diligence. And if you’re planning to work with a local agent to list the property, they might be open to doing the occasional walk-through or pop-in for you 😉

Use both and compare. Pay for the pro plan of AirDNA and really look into the comps it is pulling.  I'm in San Antonio and sometimes it pulls comps from properties that are too far away or just really not comparable at all.  Sometimes a house just a few miles away is a very different neighborhood.

Texas is a landlord-friendly state.  We rarely have squatter issues in San Antonio compared to other states.

Post: Looking for multifamily in Sacramento

Tiffanie FigueroaPosted
  • Posts 56
  • Votes 29

What you're doing sounds interesting.  What areas in Texas have you been active in? Have you considered San Antonio?

Hi Adam!  I see you are in Texas, I'm in San Antonio!  I think house hacking is a great first investment and there are many opportunities for that here.  It is also easy to do for one year, move out, rent both sides, and do it again. Also, our clients are having luck buying new construction properties and renting them out as a long-term rental.  Some new builders give great incentives even for investors.

I had the same thoughts when I heard the annoucement as well. Our MLS has always had the option to list privately but I've only seen million dollar properties utilize that as they do not want a bunch of unqualified and unserious people touring the property. I don't see where the average homeowner would see this as a benefit.

Post: CUP Process for New STR's

Tiffanie FigueroaPosted
  • Posts 56
  • Votes 29

Wow - I just read through the process on their website.  A $200 pre-application meeting with staff and neighbors is crazy! I realize now how streamlined the process is in San Antonio. Here you receive a short term rental permit within 5 business days after a completed application is received. Maybe there is a local investor facebook page with people who have experience. Sorry I am not much help but I wish you the best of luck!

Reach out to the most popular broker/agent/builder working there and offer to take them for coffee or bring cookies and ask to schedule time for a meeting.