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Updated over 3 years ago on . Most recent reply
Best market location
Hello all,
I'm trying to decide where I should try to BRRRR. Local (San Antonio, TX) would be preferential, since I know this area better. The whole city has sky rocketed in price however, so I'm just waiting for the market to take any downturn.
Do you guys know of a better market currently to buy?
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#1 Short-Term & Vacation Rental Discussions Contributor
- Investor
- Greer, SC
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#1 Short-Term & Vacation Rental Discussions Contributor
- Investor
- Greer, SC
Don't wait for a downturn. Look for motivated sellers or distressed properties that are not listed for sale.
condemned houses, Probate properties, code violation properties.
Drive by properties looking for neglected properties and send owner a letter.
Properties multiple years behind on property taxes.
Buy a mailing list of out of town owners with equity and send out a mailing to a 1000 properties.
Just don't wait on the market to change.