Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Todd Thompson

Todd Thompson has started 3 posts and replied 11 times.

@Dan Sundberg Thank you, appreciate you reaching out! Will definitely send you a message.


@Noah Laker That’s awesome! And would be great to connect, thanks Noah!

@Scott Scoville

Thanks for reaching out! Yeah, would be great to chat - I will message you.

Hello BP Community!

Due to some changes on the job front, I am now looking at purchasing a home in the greater Sacramento/Northern California area and am looking to make some connections (other investors, brokers, agents) and hopefully ask some questions.

I’m particularly interested in house hacking, and talking to others that have gone that route.

Thank you!

Todd

Hello BP Community!

Due to some changes on the job front, I am now looking at purchasing a home in the greater Sacramento/Northern California area and am looking to make some connections (other investors, brokers, agents) and hopefully ask some questions. 

I’m particularly interested in house hacking, and talking to others that have gone that route.

Thank you!

Todd

@Wale Lawal

Thanks for the super detailed response! Going to dig into this.

Quote from @Tiffanie Figueroa:
Quote from @Todd Thompson:

Hello BP Community!

I am just starting my investing journey, but I have been listening to BP for almost 2 years now, doing a lot of research, and getting myself into a better situation financially. I've narrowed down the cities I am looking to invest in, and San Antonio is at the top - specifically I am looking at zip codes 78205, 78215, 78202, 78212, 78209, and parts of 78204 and 78210. I am going to house hack as my strategy, and my goal is to buy within the next 6-9 months. 

Is there anyone with any experience house hacking in San Antonio? Can anyone speak to these specific submarkets/zip codes?

I have yet to speak with an agent or a broker, but will be looking for ones that are investor friendly.  

Background that may be useful:
- Currently have a remote W2 job, with no intention of leaving it
- Ideally looking for an area that provides 60/40 appreciation to cash flow, if such a thing exists 
- Happy to provide more info or details about my situation/buy box/strategy

Thanks in advance! 
Todd

House hacking is one of the best strategies for investing right now. I think it makes a lot of sense for the San Antonio market. 

Another form of house hacking is rent by the room. There’s new construction here that qualifies for USDA no money down AND they are buying down the interest rate.

I’m an agent on the Investment Team at PMI Birdy properties. Let me know if you would like to schedule some time to talk more

Thanks Tiffanie! I'm pretty much looking for small multifamily, and a couple other options - I'm not really interested in renting out by the room. I thought USDA loans were more for rural areas?

Quote from @Hamp Lee III:

Welcome to BP!

Many of the areas you listed are great for house hacking, and you can find a good deal, but some of them are not in ideal areas.

I would love to chat further about your desire to house hack in San Antonio.

I wish you all the best!


 Thanks Hamp! I may take you up on that!

Quote from @Eliott Elias:

Your main focus should be to have your tenant cover your mortgage. Downtown San Antonio is affordable and doable. 


 Thanks Eliott! At this point I'm more interested in appreciation than cash flow, but if it cash flows great. You think I should be looking more for cash flow?