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Updated over 4 years ago, 06/13/2020

User Stats

15
Posts
7
Votes
Paras Newbe
  • New to Real Estate
  • Sammamish, WA
7
Votes |
15
Posts

Need advise about duplex / fourplex in San Antonio, TX

Paras Newbe
  • New to Real Estate
  • Sammamish, WA
Posted

Hello. I started my post from https://www.biggerpockets.com/... about Investing in Austin area in SFH. But my main goal being cash-flow right now, I was suggested that I look in to San Antonio for Multi family housing. Few questions I have about this.

1. Is it right that it is easy to get Multi Family houses in San Antonio, TX? 

2. Economic growth here is nowhere near Austin. How do other investor feel about this? My main goal being the cash-flow, should i be worried about this? Does apartment get rented quickly for long term (1 year+) quickly?

3. Want to hear some more from other investors in this area. Should I be moving forward here? Should I be looking somewhere else? Anything spacial (i.e. Property taxes are pretty high) I should know being in Seattle? 

4. I am in Seattle and I will be doing everything (Buying, Inspection, property management) remotely by getting local company's help. Any suggestions?

Looking for some advise.

Thank you.

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