San Antonio Market 2018

[Johnny Khoury]

Hi All,

What do you guys think of investing in San Antonio TX ?

Is it still profitable ? I heard that I am still able to get around d10% ROI on single family home with positive monthly cash flow

Thanks

[Lennon Lee]

Originally posted by @Johnny Khoury:

Hi All,

What do you guys think of investing in San Antonio TX ?

Is it still profitable ? I heard that I am still able to get around d10% ROI on single family home with positive monthly cash flow

Thanks

 We still like San Antonio. In fact we are closing tomorrow on a 253-unit multifamily property in the Vance Jackson area.

San Antonio has been significantly increasing in population and  income is still raising which is allowing renters to move up to better quality Class-B apartments, which is where we are investing. We also believe the planned redevelopment of downtown will continue to attract millennials  to the city.

Wouldn't see San Antonio as an explosive market to be in but definitely more like a slow and steady growing city, which is also a good thing in my opinion.