Austin v Dallas v San Antonio

[Kenneth McKeown]

Hey all! New Texas folk here that just moved to Schertz in August. I have a friend back home in Washington that got me hooked on REI about a week ago and I've been doing a ton of podcast watching, reading and researching. I'm looking to purchase my first rental property (multi-family) next year however I'm not exactly stuck in one city. I'm a teacher and have the flexibility to move to either Dallas, Austin or remain in San Antonio. As a future "house hacker" which of these three markets are most favorable? Any free discussion or opinions on them at all would be great. Also, any San Antonio investors with some opinions on where to avoid in regards to areas of San Antonio would be great as well! Thanks! And I look forward to being active within this community.

[Jonatan Barbera]

Kenneth McKeown
When it comes to choosing a city it really depends on your strategy. While everyone knows Austin is over priced it's still a great place to do quick flips if you find them.
As far as San Antonio goes, I believe it's just starting to pick up compared to the other major cities. Right now we get great cash flow. So if Invest correctly over the years your ROI will be better than any other city. As far as investing in multi, I get that you hear that from every podcast and it is a great idea the issue is that it doesn't work in every market. In SA decent multis are selling too high to make sense. The only areas that have cash flowing multis are a little ghetto. So it really depends on your comfort zone.