San Antonio short term rental

[Frank Boet]

Hello everyone. My son and his family live in San Antonio. Every time we visit we have to rent a hotel room. I want to buy/ invest in a vacation property that we can use as a short term rental. Currently, our budget is $100,000 which is our HELOC balance. Any suggestions as to the popular tourist areas that would make a good investment? My wife and I are going to visit in late July or early August so I would like to connect with a realtor or investor in the forum that can work with us in finding a property. We want to eventually move to SA, so we plan in buy more properties in the future. Thank you for your help.

[Sharon Powell]

Brandon definitely mentioned some popular places, but I have another thought for you to consider as well.
Basic training is at Lackland Air Force Base, and there is a graduation nearly every single weekend of the year. People come from every state to see their Airman graduate, and they fill hotels all across the town. In your price range, you could provide a comfortable place for families to stay that’s far closer to the base than the hotels. It would save families from trying to navigate San Antonio and make it to the events on time; It would allow them to spend more precious time with their graduate-because time with their sons and daughters and siblings and spouses is very limited on that weekend; and it would provide a year-round opportunity for you to keep the unit filled and cash flow.
I have already earmarked several properties for you… If you’d like to have a peek, just send me your email, and I would love to chat with you more about this strategy.