All Forum Posts by: Shawn Nikah

BMC off montopolis I believe

So I just bought my first property in San Antonio (Dignowity Hill) and excited about SA's current and long term prospects. I successfully flipped a home in Austin in 2016 and am looking at flip worthy properties in SA. 

With that being said I'd be interested in talking with general contractors or other investors who have done this in San Antonio. I'll be driving down (from Austin) Monday or Tuesday of this next week if anyone is interested in connecting. 

Great advice @Will Pritchett. What were the house sizes and rents? I'm convinced that even with the larger expenses, at 50% rental for the month you can cash flow like crazy. I have a 1/1 cottage behind my house here in Austin and it does $1500 a month. 

@Rich Ferradino I really like the idea of Manche Park. I also recently saw a commercial property with a duplex on it near the Alamo Dome for under $150k. Have any experience on commercial properties, rental rates, and valuation?

Hi everyone,

I've had some success Airbnbing a property in my hometown of Austin, Texas. The market for short term rentals here is obviously pretty high and exacerbated by the squeeze in our longer term rental market.

I'm looking to purchase property in either Waco or San Antonio and was interested if anyone had thoughts on areas that might be good for this or people to connect to in those areas, particularly in San Antonio. 

From what I can gather from San Antonio a duplex, 4plex, or SFR for the purpose of renting it out on Airbnb could work. The research I've done it seems to point to purchasing within 1.5 miles of the Pearl area. I'd prefer to keep my total costs under 150k but can do more for the right multi-family.

I'm a cash investor and would also appreciate any thoughts on avenues for getting deals off the MLS. Any wholesalers or other REIs who might have access to excellent deals.

Thanks! 

Thanks @Joe D. and @Mark Nolan! Been on a binge of info here lately. Will def check the blog out.

Hi everyone,

My name is Shawn Nikah and I've been doing RE investing in Ausitn since 2012. I'm interested in learning more about the Waco market. Looking forward to meeting some of you in those markets!