All Forum Posts by: Thomas Dunsmore

My wife and I are looking to buy our third home in the San Antonio so that we can rent out our current residence and have two investment properties. 

One would be cash flowing about $350 and the other a littler over $1000. 

My question is whether or not it is wiser to start paying off our existing mortgages sooner or stock piling this cash to buy future deals especially if we see a drop in real estate prices because of what is happening in Ukraine/Russia or in the housing market in general. 

Just curious what other investors thoughts were on this as I am learning and would love to know what others would do. 

Thanks!

I am very close to closing on my first single-family home. The numbers look good for my wife and me but I was curious as to what we should expect to actually pay in property taxes at the end of this year. The property is in San Antonio, TX and before any tax breaks, the taxes will be roughly $4,300. Should we expect any sort of tax savings due to it being a rental property? If so is there a certain percentage that we can bank on?

Thanks, everyone!

My wife and I are in the process of purchasing our first investment property in San Antonio which is a duplex. 

Currently the property is vacant, and we are set to close on the 10th of May. Can we start advertising that the property is available so that we can limit the amount of time both units are vacant? 

We were curious what others have done when purchasing a property that is vacant and wanting to fill the home with tenants as soon as possible. 

Thank you all!