Making connections in San Antonio

[Ryan Daugherty]

Hello BP Community,

I am a new investor and want to purchase a multi-family property in San Antonio (4-flex preferably) to hold as a rental. I am from out of state (California of course) and have scoured this market on the MLS and have worked with a couple of agents. Although there are lots of multis on the MLS, it seems that most fall either on the end of high retail price in good neighborhoods with low returns or on the other end of better looking numbers in neighborhoods that are not as desirable (I know, not rocket-science).

I really want to gain some knowledge on a few different neighborhoods so I can narrow down my search criteria as I believe I have been too broad thus far and can't decipher between a property in a terrible area vs. one that has potential to be a good rental in an up and coming neighborhood just by looking at google maps and the MLS. I really want to be in this game long term and I am committed to the San Antonio market. I want to create a good system so I can grow and continue to acquire properties.

I have decided to take a short trip to SA in a couple weeks and would love to connect with other investors who are buying and rehabbing multi-family properties and would also like to make connections with contractors who are experienced in managing rehabs. I signed up to go to a REIA meeting on 7/11 and will be in town 7/11-13. If anyone would like to connect during that time, shoot me a PM/Colleague request!

San Antonio,Texas