San Antonio Real Estate

[Stefan Hein]

I am very new to investing I have been reading some finance books and bigger pockets investing books. I was wondering if you believe San Antonio is a good area in Texas to Invest in a rental property? My thinking is Austin is only about an hour away and is booming I believe that will only spread South to more affordable real-estate. They have plenty of military bases in San Antonio I think it would not be too big of a challenge to get renters. I am currently living in Colorado and have talked to some property managers down in San Antonio. What do you guys think?

[Matthew Tyson]

The gap is closing between SA and Austin. Soon, we will be a major metroplex. Although I don't see anyone who knows the area moving to SA to commute to Austin. It's brutal. 

I think San Antonio will continue to be a smart market to invest in for years to come. Historically, we are very well insulated from national market forces, although not immune. The current low(er) cost of living compared to other markets and lower entry points make it very attractive. Our military bases are spread out with JBSA having Lackland, Ft. Sam, Randolph, and Camp Bullis and knowing where those active duty personnel tend to migrate towards helps. Also, Lackland AFB, just last week opened up their graduation ceremonies to full capacity. We are talking about a graduation class of 400-600 service members every week needing STR's close to the area.

I am a local investor myself and a Realtor, if you want to bounce anything off me feel free to reach out. I won't badger you for your business.