New to buying and moving to San Antonio w a purpose

New to buying and moving to San Antonio w a purpose

Las Vegas, NV · Member since 2017 · 5 posts · 0 votes

In the military, Just bought a house in Las Vegas a few months ago and popped orders to move to San Antonio. Renting it out and my Tenants are moving in in 2 days. I'm heading to TX next week. I would really like to buy a multi family home in the western part of the city but I dont see any available online. Any suggestions on a solid duplex or triplex opportunity? 

Thanks, Nicholas

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  • Wholesaler, Rehabber and Landlord · San Antonio, TX · Member since 2014 · 2k+ posts · 2k+ votes
    9y

    Right now, you are not going to find "Deals" online or on the MLS. If you want to buy retail like most people you can find properties for sale but they will not be at discount prices. If it was that easy, everybody would be doing it.

    It might be better to rent for 6 months, learn the area and get a marketing plan set up. This way you can find a deal instead of just buying retail.

  • Investor · College Station, TX · Member since 2016 · 150 posts · 37 votes
    9y

    @Nicholas Robillard Hi Nicholas, welcome to the site! Feel free to reach out to me. I've got a couple of multi families in mind that are on the Western side of the city that I can send you to take a look at.

  • Real Estate Agent · San Antonio, TX · Member since 2014 · 311 posts · 176 votes
    9y
    I second Rick Pozos , get here, maybe lease for a year or six months and really figure out the market. There are plenty of investment approaches you can take to create cash flow, best to figure out what you want to do before jumping in.
  • Las Vegas, NV · Member since 2017 · 5 posts · 0 votes
    9y

    Thanks, decisions with out emotion, got it. I currently have a lease there until mid July. My next investment is going to clutch in setting up my self up for success. I could always extend the lease for a bit. Tim and rick I appreciate the advice!

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