Need advice on investing in San Antonio Texas

[Vamseedhar Vuppu]

Hi,

I'm from Orange County, CA. Recently came across affordable homes in San Antonio, Texas. This is going to be my first rental.

I am looking properties around Bexar county, Talise De Culebra, and Surrounding Areas. How is this area? How hard is finding a renter around this area? Are there any good property management companies you can refer to?

I'm seeing a lot of new constructions in San Antonio Texas. What are the pros and cons of new build vs re-sale property for buying as investment property?

Here are pros and cons, I can think of.

Pros:

- Incentives and brand new home!

- Maybe a little appreciation opportunity.

Cons:

- Can't negotiate on purchase price

- Property tax may catch up and higher monthly payments after first year

- A similar plan may be available for less rent in market (Rentbility)

[Christopher Robert Noland]

Quote from @Vamseedhar Vuppu:

Hi,

I'm from Orange County, CA. Recently came across affordable homes in San Antonio, Texas. This is going to be my first rental.

I am looking properties around Bexar county, Talise De Culebra, and Surrounding Areas. How is this area? How hard is finding a renter around this area? Are there any good property management companies you can refer to?

I'm seeing a lot of new constructions in San Antonio Texas. What are the pros and cons of new build vs re-sale property for buying as investment property?

Here are pros and cons, I can think of.

Pros:

- Incentives and brand new home!

- Maybe a little appreciation opportunity.

Cons:

- Can't negotiate on purchase price

- Property tax may catch up and higher monthly payments after first year

- A similar plan may be available for less rent in market (Rentbility)

If you are looking for cheap entry points with cashflow here are some:
Milwaukee, Kenosha, Racine Wisconson
Pittsburgh PA
Cleveland, Ohio

Everyone moved to Texas and pushed up the prices plus the higher than California property taxes will make it really hard to find cashflow there now.

If you are interested in learning Remote investing, I may have a resource for you.