All Forum Posts by: Christina Larios

Thanks @Rachel H. I've been going back and forth on the zoning map and vacant lots but no luck so far. I guess what I was really wondering was if there was any loophole to the zoning and putting down a manufactured home.  =)

@Rich Ferradino - where on the 410 is this? thanks!

Hi @Rachel H. how small scale are those that you know of? buying land and putting mobiles on it? I'm wondering if I can buy a property within the city and out a single mobile home on it - I've been looking at the zoning map and 99% of the city area is zone residential single family district; still,  just wondering if there's a way to do something like this. 

@Jeff Wallace, what type of investments do you have? What type did you start with? are your properties in one area or do you have properties in other states? what do you look into when thinking of purchasing a multi family property? 

lol - apologies for so many questions. I am just eager to learn.

Hi @Rick Pozos- funny you should show up on this new thread! you commented before on a previous post suggesting I do a short term rental in the area to get to know the market; and as much as I wanted to dive in then, I actually took that advise and here on a temp rental  while checking out the area. big thanks for all the insights above - gave me a better idea of what I need to learn and look into. It is disheartening to hear about waiting for another year or two to invest, but I do agree that the market is hot for sellers right now; I'll still be on the lookout. Did you make good money on the hoarder house? what was the margins on that? and how do you find deals like that--?

Is your 2nd Tuesday of the month meetup still a go for August? If I'm to wait for a year or two before investing, maybe getting my license and sell properties would be a good place to start as far as getting to know the market and get my feet wet - Can I take the classes online? 

@Antoine Martel, don't know about courageous, but definitely crazy doing an interstate move while eight months preggo and now a newborn. I would commend my husband for still being around after all those crazy fluctuations in hormones! =) 

Hello everyone! a few months ago, I asked about the San Antonio market, how to get started investing in real estate, and what areas are best for investing. I got me a few pointers from helpful folks here. But it was a bit hard to study the market from afar so we moved our family here. - we got here last week! yey!

got daycare situated and still a newborn attached to my hip but otherwise, I need to hit the ground running.

My goal is to have a retirement income sustained by rental properties; though hoping for fast cash by flipping properties. My work has always been in computers, so my knowledge in real estate is limited.

With that said, should I get my own real estate license to save on the commission? Does it give considerable access to property information? if so, can it be done online? I saw the 180 hour requirement but it's classroom, and with a month old infant, it's a bit challenging.

if bidding for properties through auction, do you get the property after you pay? or is it subject to escrow time still? what about buying properties from a wholesaler?

Also, is loopnet.com a reliable place to find worthy properties?

Any beginner podcasts, websites that's recommended for beginners? like REI for dummies style.

Thanks everyone! 

@Jeff Wallace - how long since you started  to get to where you are now? 

Thanks @Miles Stanley, thanks @Natalie Kolodij - I figured as much but I hoped someone might have some other information I haven't considered. 

Hello - real quick - is it possible to purchase a small lot in San Antonio and park an RV for temp living? 

I have a 40 foot RV and in a park for now while scouting the area, and learning REI - but I figure if I can find a property cheap enough that for 600+ a month in rent at an RV park, I might as well put that towards a property.

thanks! 

Hi @Alex J. 

Can you pm me that information too? Just moved here in San Antonio last week and I'm trying to learn as much as I can for now. That info would really be helpful. 

First off, thank you for your input.- 

@Brian Phelt, to be honest, my plans aren't all that solid yet. I want both both a long term investment and an (almost... if possible) immediate short term gain. I buy a property when I get there with about %20-30 down, then in a few months, rent it out; in about a year, save enough to qualify and purchase a second property. I'm also shopping around and seriously considering a multifamily property. 

- 

@Rick Pozos, I agree, renting and feeling the market would be a great way to do this; but I am determined to bundle this effort into the least amount of moves as possible; and maybe in the end, you're right - the best move might be to just rent and check out the area before committing to a purchase. 

For now, I am just gathering all information I can about San Antonio - such as: 

what is the longest/ average length a rental sit before it gets occupied? 

Average percentage a property mgmt company charges to take care of a property?

for a fourplex unit - what is the average rent? 

For a single family in the 78218 area, what is the average rental? (mainly because of family)

Single family or multifamily housing, which is a better investment? 

What about those new multi-families in Converse area? 

The driving factor to all this investment goal, is to acquire financial freedom in the long run. We have two kids, and my husband is unable to find work that will accommodate his current disabilities. So we look for other means to secure financial stability. - plus, taking care of the properties is something my husband can do eventually. How to get there, -- well, that's why I am here looking into it.

Your opinions are highly appreciated!