Seeking Insights on Off-Market Fix-and-Flip Opportunities in San Antonio and Austin

[Antonio Harmon]

Hi everyone,

I hope you're all doing well! I’m part of a real estate company specializing in cosmetic fix-and-flip projects, and we’re focusing on the San Antonio and Austin markets. We're particularly interested in finding off-market properties that could use some TLC to bring them up to their full potential.

Does anyone have tips on the best strategies for finding these hidden gems? Any recommendations on local networks or specific methods that have worked for you? I’m also open to hearing about any recent experiences or success stories you’ve had with off-market deals in these areas.

Looking forward to your insights and advice!

Best,

Antonio 

[Jason Sousa]

Cold calling

[Pedro González]

Hi Antonio, I would love to connect with for this topic

[Ko Kashiwagi]

Cold calling and direct mail tends to find the most success among small-mid sized teams. PPC and paid-ads for larger companies

[Reah Mqadi]

Hey Antonio! 

Do you have a reliable lender that you work with?

[Aubrey Durham]

Best advice would be working with a wholesaler if you want off market properties. 

[Breeya Johnson]

Quote from @Antonio Harmon:

Hi everyone,

I hope you're all doing well! I’m part of a real estate company specializing in cosmetic fix-and-flip projects, and we’re focusing on the San Antonio and Austin markets. We're particularly interested in finding off-market properties that could use some TLC to bring them up to their full potential.

Does anyone have tips on the best strategies for finding these hidden gems? Any recommendations on local networks or specific methods that have worked for you? I’m also open to hearing about any recent experiences or success stories you’ve had with off-market deals in these areas.

Looking forward to your insights and advice!

Best,

Antonio 

Hi Antonio,

First, I’d like to point out that San Antonio and Austin are two completely different markets. Austin is a unique beast in itself, and many property owners have an overly inflated perception of their property's value.

When I flipped a property in Austin, I sourced it through a New Western agent. I think they’re a great wholesale team. However, if you have the time and prefer to source properties on your own, I would highly recommend the following strategies:

• Connect with probate attorneys
• Visit property auctions: These happen monthly and, surprisingly, aren’t saturated with investors.
• Cold calling
• Target LLC owned properties: Over the years we have seen an influx of companies purchasing SF for rentals/long-term holds and they failed to account for property taxes and an increase in new construction coming to the market. At times you can find discounts in marketing to this niche. 
  
• Mail campaigns targeting older neighborhoods
• Connect with actual Austinites: This has been incredibly useful for me. While there are fewer native Austinites left, if you find them—especially older residents—they can be an invaluable resource for inside information.
• Get involved locally: Once the tourists and college students leave for summer or holidays, you’ll realize Austin is still a small town at heart. By getting involved in the community and building relationships with long-term residents, you’ll stay top-of-mind for distressed sellers.

I hope this helps! If you need any additional insight, feel free to reach out.

Breeya Johnson

[Rick Pozos]

Directed marketing to pre-foreclosures, a website with seo, networking, driving for $$, go to some local meetings.

[Deborah Wodell]

Great markets to focus on! For off-market properties, try connecting with wholesalers, sending direct mail to absentee owners, or driving around to find distressed homes. Local REI groups and Facebook marketplace can also be great sources.