All Forum Posts by: Tiffanie Figueroa

 Yes, as Nick C mentioned  - how much would you buy it for?  What is the zoning? How many units could you build if its zoned MF, how much could you rent the units for? Lots of cheap lots here in San Antonio but also lots of multifamily that are not zoned appropriately.  Make sure to do your due diligence on zoning and building regulations

Texas Realtors has one for us to use.  Maybe check with your local realtor?

You have some amazing goals set for yourself! I think the next step would be to do your due diligence and narrow down a market where you want to invest. What’s more important to you - immediate cash flow or appreciation? Deals in markets such as Detroit and Cleveland look great on paper for rent to price ratios while deals in San Antonio lean more towards long term appreciation. 

A live-in flip can be a great first investment. If the right property comes along, go for it don’t wait. When planning the renovation, make decisions with resale in mind, not just personal taste. And always plan your exit strategy. Worst case, make sure you can rent it out and still cash flow.

When touring properties, if you find one that’s already had a quality renovation, try to get the contractor’s and designer’s contact info. In San Antonio, it’s difficult to find good reliable contractors those contacts are crucial for a successful flip! 

2-4 Multi family sounds like a great next property for your portfolio. San Antonio has a lot more MF inventory recently than in years past. I’ve found a some good deals for clients lately. 

I'm not sure why it's not letting me tag him here but Joseph Cacciapaglia is our team lead in San Antonio and is familiar with buying notes. I'll share this thread with him.

I would recommend Jade Flores with Longhorn Investments. They are local to San Antonio and who I recommend to my clients for hard money loans

Finding a solid GC can be tough—especially in San Antonio. One strategy that’s worked well for me is looking at recent flips that match the level of finish you're aiming for, then reaching out to the listing agent to see if they’d be willing to share the contractor’s info. You might not be able to tour the home in person, but if it sold quickly, that’s usually a good sign. Be sure to ask the contractor for a few references and do your due diligence. And if you’re planning to work with a local agent to list the property, they might be open to doing the occasional walk-through or pop-in for you 😉

Use both and compare. Pay for the pro plan of AirDNA and really look into the comps it is pulling.  I'm in San Antonio and sometimes it pulls comps from properties that are too far away or just really not comparable at all.  Sometimes a house just a few miles away is a very different neighborhood.

Texas is a landlord-friendly state.  We rarely have squatter issues in San Antonio compared to other states.