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San Antonio Real Estate Forum
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Updated about 7 years ago on . Most recent reply

User Stats

34
Posts
7
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Starr Munoz
  • SAN ANTONIO, TX
7
Votes |
34
Posts

San Antonio market on fire

Starr Munoz
  • SAN ANTONIO, TX
Posted

Hello BP family,

I have had a very hard time finding a SFH that I can offer on before it's already under contract from the MLS. One particular property had 30 different offers in less than 2 days on the market! I am about to deploy, then moving back to SA in less than 5 months. I have made 2 trips to SA since January and have had no luck. It's a sellers market for sure and they are getting top dollar making it even harder to get a deal. This is my first property and I am working with a realtor. Any suggestions would be greatly appreciated, as I have scoured old forum posts looking for recent updates on how investors are making moves in 2018 in this hot hot market!

Thank you and happy early fiesta! 

Most Popular Reply

User Stats

512
Posts
290
Votes
Will Pritchett
  • Rental Property Investor
  • San Antonio, TX
290
Votes |
512
Posts
Will Pritchett
  • Rental Property Investor
  • San Antonio, TX
Replied

@Starr Munoz I think we are all in that predicament. The MLS is competitive and everyone is looking there. The market sets the price. I'd recommend networking and getting on some wholesalers' mail lists. Best of all is connecting with sellers directly. We had luck on MLS a few short years ago but now that isn't happening for us. Our best deal to date was from simply door knocking the houses around a project we were working on that we found on MLS. If we hadn't door knocked and handed out cards to tell people we were looking, we would have never found that deal. Good luck!

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