Where to invest in the San Antonio area?

[Ethan Lahav]

Hello All,

I'm an investor from Israel, looking for my first investment in the San Antonio & metro area

I'm looking to buy & hold a single/two family property, with an ARV of 120-150,000$, and I want to buy this property in a bad shape for 60-80,000$ and renovate it.

and then expand more.

I'm looking to build a team (agent, rehab contractor, management company, loan broker...)

but before i start all that I need to better understand the market.

what areas would be suitable for that strategy? It dosen't have to be in the city itself, but can also be in the surrounding areas.

thank you:)

[Jack Faysash]

Like mentioned already, your budget isn’t realistic. If your looking for a flip that will come out in decent shape after, your going to be spending at least $125k, probably closer to $150k. Buying a crappy property will probably ultimately lead to crappy tenants. I’d suggest buying something modest around $170-$220k, and make any repairs you need from there. Look in a 20 minute radius of all the military bases in San Antonio.