San Antonio Investing

[Tim Landy]

Hey BP,

Looking for insight on San Antonio for investment opportunites.  We mainly focus on Austin and surrounding areas, but have started looking into SA.  I have clients and partners looking for apt complexes and multifamily, flips, and owner finance homes, so I am trying to figure out if this is a good market for us to deploy capital.

What are some of the up and coming areas?  

Any insight is much appreciated.

[Jonatan Barbera]

Hello @Tim Landy I partner with a lot of investors from Austin.  Here is the insight I can offer.

As far as multi-families goes in San Antonio the return on investments you get here are not as lucrative as SFR, because SA is a great rental market people are asking way too much for multi.

As far as flips go, it REALLY depends on the area, and by area just going one street over comps can drop $50K+. The "hottest" areas right now for flips are Dignowty, Beacon Hills, Olmos Park and few other historic areas have been the ones with the most appreciation. Other than that its more of a gamble when it comes time to flip. Keep in mind this is not Austin so you don't keep it weird with the flips here.

I agree with @Tim Macy the group that @Chad Clanton puts together is a great source of info. 

If you have any other questions let me know.