All Forum Posts by: Steve R.

@Vivian Yip

I second this. In 1997 there was a huge EF5 tornado and there was another EF3 tornado just last week. The topography there seems to be pretty conducive for these activities.

I wouldn't personally invest in Jarell even though it is affordable.

@Bryan Noth

Very good development in Northwest Austin. It is definitely shaping to be a tech hub on its own.

@Naveen Sabapathy @Dilsingi Rag

If you are looking to invest in SFH with good schools which would give you decent cash flow and good appreciation, I would suggest to buy slightly outside city limits where the property taxes drops significantly which will help in cash flow. Far west is a good area to explore as well as houses up north which zones to COMAL ISD. Have excellent schools and low tax rates.

If you are looking at duplex, I would look for something in South San Antonio as well. It has a good number of blue collar workforce and very good rental demand.

Best of luck.

https://communityimpact.com/au...

Avery Ranch/ Pearson place attracting more attention. Robinson Ranch and Pearson Ranch are prime places for economic development in the next decade or so. 

@Collin Corrington

Nice work. Do you see much 4plex inventory?

mySA: San Antonio is suddenly everywhere, just like Austin 10 years ago.

https://www.mysanantonio.com/news/local/history-culture/article/San-Antonio-lists-eater-zillow-spotlight-austin-16786039.php

This is what I have been talking about 🙂 It took nearly 10 yrs for Austin to be at that place. But I believe San Antonio is going to reach there a bit more quicker.

@Collin Corrington

Great going. Are these multi-family units or mainly SFH?

@Nathaniel Ziomek

Long term. Not much rehab, just cosmetic fixes and renting it out.

@Nathaniel Ziomek

Oh yes I do own 5 rental units in San Antonio. Best cash flow market among major metropolis in Tx.

Zillow names San Antonio 4th hottest market in US for 2022

Austin dropped to No.10 and San Antonio is leading the way in Texas. Zillow is expecting > average appreciation for San Antonio RE market than rest of the country. Nothing surprising given that the median price is lower and strong demand persisting. Interesting report to go through and see what attributes of the cities they are analyzing. 
With rising interest rates I would buy before it gets unaffordable or rather before it doesn't make sense as an investment.