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Updated over 9 years ago on . Most recent reply

User Stats

36
Posts
8
Votes
Ricky Stafford
  • Newland, NC
8
Votes |
36
Posts

San Antonio - is this feasible?

Ricky Stafford
  • Newland, NC
Posted

I was originally considering Austin because I might move there in the future but I have basically given up on finding a deal from out of state after looking over and over.

So, I feel like San Antonio is a good pick since I know there are still deals and it's not far from Austin if I do move.

My question is - are there still deals to be had in B+ to A- neighborhoods (high quality tenants) while still seeing >1% rent/purchase price returns? I'm concerned with high taxes and HVAC maintenance (with the heat) so I would think one would have to demand a fairly high return to be safe.

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