San Antonio

[Neil C.]

Hey guys - I am looking into the San Antonio market. Anyone have any information on the following:

- best areas to invest with a buy and hold while cashflowing from the renters
- good real estate agents in the area
- best neighborhoods to invest in
- overall information on the real estate market in San Antonio

Thanks in advance!

[Henry M.]

Originally posted by Neil C.:

Hey guys - I am looking into the San Antonio market. Anyone have any information on the following:
- best areas to invest with a buy and hold while cashflowing from the renters - good real estate agents in the area - best neighborhoods to invest in - overall information on the real estate market in San Antonio

Thanks in advance!

Hey Neil,

San Antonio Market is kind of a funny thing. All sides of town have their advantages and disadvantages. As you may know the Northside of San Antonio from Marbach & Loop 1604 to Bulverde Rd. and Loop 1604 are great areas on both sides of the loop. Of course North is best.

East-side can be very rough, yet there are some pockets that can be fantastic for buy and hold.

South-side as well as the West-side have great opportunity, but again it depends on the pockets you are in.

If you are going to buy and hold single family homes then you do have to be picky where you invest in. I had several properties off of Five Palms in Indian Creek Subdivision. Guess what? For any one single family home that I owned, they were the most profitable when it came to SFR's on that side of town.

Multi Units is something you can also do which will prevent that 100% vacancy from hurting you when a tenant moves out.

It truly depends on what type of property and who your potential client's are.

This month (September 2013) there were a dozen shy of 700 foreclosures, so the market is getting better slowly but surely.

How do you plan on obtaining these properties?

What types of properties interest you?

What specific areas are you leaning towards?

and so on...

I see you are from CA. Why such an interest in SATX?

Let me know.

Big Henry