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All Forum Posts by: Ryan Brooks

Ryan Brooks has started 2 posts and replied 5 times.

Quote from @Justin Brickman:

Yes absolutely. Please make sure you check with city zoning to make sure it will be allowed before making any offers. Feel free to message me and I can verify for you if needed. 

No reason to go over $250K even if you have more. That's a great budget for a STR here in San Antonio


 Thanks I appreciate it!

Thanks everyone, I am open to using a manager or self managing, I think it depends on the amount of revenue. I tend to be a budget traveler myself so I definitely understand there's a market for places that aren't luxurious, it doesn't bother me at all to market to the more budged minded traveler.

I'm familiar with the downtown area and nearby, southtown would be great but it seems there isn't too much for my price range right there, the area east of downtown, on the other side of the 37 freeway seems to have a lot more in my range, I've driven around there before, the area seems a bit rough around the edges but I noticed some things like a co-working spot so it seems like it has some businesses moving in.

I have been thinking about the possibility of a short term rental in San Antonio as I'm familiar with the area. I wasn't sure if getting a property worth $250k (whether buying one in good condition or fixing one up to an ARV of $250k) is viable? I realize that this price is probably below the top spots for it but figured it may still be viable but wasn't certain. Thank you for any information.

Hello, I have experience doing a few whole house renovations for houses I lived in (some later turned into rentals) and one that I bought from a relative but now am looking to acquire another property in San Antonio to fix up. I am confident in my ability to walk the property and estimate repairs, the part I'm not certain of is finding the best deals, I have looked into buying from wholesalers a bit but the process is more confusing than working with a realtor to find deals on the MLS. I figure buying from a wholesaler is probably going to give me a better deal but I wasn't sure how much of a better deal. Would appreciate any insight on this, I see some houses on the MLS where it seems I could get them to likely go lower so not sure if focusing my efforts on this is more worthwhile or if I should look more into buying from a wholesaler given that I am only buying one house at this time.

thank you