NEWBIE looking to do a BRRR in San Antonio what should I look for

[Alex K.]

Hello I am brand spanking new I have been listening to the podcast for about a year and a half nonstop from episode one. Then a recent one REALLY caught my attention and made a lot of sense to me. The BRRR Method . A little background context about me. I live in Los Angeles but I am thinking of Buying and Renting from afar in Dallas /San Antonio.

I get the concept but action and practice seems to always be different in everything I do. 

Any tips , contacts, and advice is much appreciated . Thank you BiggerPockets Family. 

Happy New Year !

[Arissa Pedroza]

You should look for a 4 plex because you can get the most bang for your buck doing that and you can do that by only putting 5% down OR using a Hard Money Lender that does a rental program for only 3 points down. I found a 4 plex for a client last week that is $122k and he the rents are $2350 a month. He plans on living in one of the units and renting the other 3 out as well as improving the property and increasing rents. We estimate an ARV of $250k when he is done and its located Downtown SA.