San Antonio Market (and other less crazy markets in TX)

[Billy Zhao]

Hi folks, I am a new investor looking for deals and building a team in Texas. I live in Austin and I've done 4-5 flips and buy-n-holds here. The cost of remodeling in Austin has increased tremendously in the last few years making the flip/brrrr somewhat challenging. I have been looking at some surrounding areas like San Antonio, San Marcos.

Though Dallas and Houston are good options, I decided against them due to the distance of travel. To me, if I want to invest in a city like Dallas that will cause me 10 hour round trip to visit, it makes no difference than buying one at a midwest city that take the same amount of time to fly in and out.

What I want to learn is how to tell what is a good area in San Antonio for BRRRR. Is the AFB a good area for rental income?

If you have some insights please share, and I am going to do some in depth analysis and report back to you my findings.

[Melissa McRay Johnson]

@Billy Zhao Seguin is also a good option and not too far from Austin. There are some large industries operating there and a good opportunity for rentals as there's a college campus there as well. Prices are also better than in San Marcos.