All Forum Posts by: Justin Brickman

San Antonio's has tried to crack down on STRs but hasn't been too successful. HOA's have really been the one pushing the charge. But the city has increased their effort to shut down unpermitted STRs by a lot.

Happy to help if I'm able to answer your questions. Feel free to message or call me.

Or you can always just create a new forum post and post it. I bet you'll get some helpful answers 

Continue to be active on here and stay in the game! They will come with more time and client referrals 

Haha okay no problem!

Hey Shiwei, Are you local? 

There are definitely great opportunities for STR/MTR. The city is so spread out that you can do well in multiple locations. I like Northwest side, the Rim, by the military bases, or even out west toward sea world. Many people love downtown by the riverwalk/pearl, but I haven't seen recent data of how they are performing.

Agree with Detroit and Spokane for sure! 

New Braunfels and San Antonio too 

Advantages - they don't check DTI and most times won't check credit score. Loan approval is mostly based on projected rental income, similar to commercial properties.

Disadvantages - higher interest rates and can be a riskier investment. Also down payment required may be higher based off experience. Closing timeline can be a little longer 45-60 days out as well. 

Yes I get many of these calls too, but I also have a lot of investors that are willing to put the work in and just need some guidance. I try not to get frustrated or upset, and just try to set boundaries and let them know I won't do the work for them. 

Yes, Texas has higher property taxes than most states. But you're on the right track looking to invest in SA. You can find many single family homes with early opportunities to cash flow and appreciate at the same time. Also just remember, a great investment doesn't have to be a home run in year 1. Sometimes it takes a little while.

Alyson you are absolutely correct and I agree with you :)