Texas Bound - Investor / Wholesaler - RFI

[April Rodgers]

Happy New Year! I am exploring relocating from the LA area back to Texas, specifically San Antonio. I will be working in South Texas, but mostly remotely from home. I am unsure how long I will be there and would like to start out as an investment occupant then turn it into a rental property in a year. My question is for investors and wholesales: How do you identify RE agents, what are the ideal cash flow zip codes (I'll be living these, to start, so I don't want to live in an area that I'll need to get a pit bull) & what property management companies are the best in the area. I've been in contact with a HUD agent, but the inventory is next to none it seems. Thanks so much!!

[Brad Larsen]

@April Rodgers April - that is a long conversation on where to look for homes in South Texas....specifically San Antonio. The zip code list is long. However, a price point for a solid SFH investment would be around $150k. That type of home would / should rent for $1,300 or more. Also, if you can stay outside of Bexar county - you pay less property tax. But, you may have more of a drive.

This conversation on here could last 10 paragraphs as there is a lot of information to review.  

Find a good buyer's agent - let them help you find a solid home to turn into an investment and go from there.  You can search out more of the rest when you hit the ground.  It's super tough to do from a distance.  

Good luck!