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Updated almost 3 years ago, 02/09/2022
Where should I do my first BRRRR in San Antonio, TX?!
I need some help with the San Antonio neighborhoods! I live a little over an hour from SA in Fredericksburg and I'm getting myself set up to do my first BRRRR. I bought my first deal (four-plex) in TN last November, but I want to break into the TX market. I'm hoping to do a full day in SA in the next few weeks driving around and checking out different neighborhoods so I need some suggestions! I am most interested in staying in the West-North areas of SA simply because it's that much more accessible to me from Fredericksburg.
My biggest hangup right now is the market research and niching down on a couple of areas to focus in on. I would like single family or small multifamily and preferably B- tenants or above. I would like to focus in on some nicer areas (maybe quality is a better word?), mainly going for that "worst house in the best area" mentality.
I'm okay with less cashflow because I want to play the long game and I think San Antonio is going to continue to be a great place to hold real estate. I have an agent that's helping me already, but I'm also undecided on whether I will self-manage or hire that out so any recommendations for property managers or any other BRRRR related team members in the area would be appreciated. Thanks everyone!