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San Antonio Real Estate Investing

By
Real Estate Agent with Coldwell Banker D'Ann Harper REALTORS® TX License #0566780
San Antonio Real Estate Investing

San Antonio real estate investing, just as investing in any financial activity, has risks and rewards. From personal experience investing, I have had stock and bond investments, both good and sometimes not so good. I just wish I knew then what I now know about real estate investing.

Don't get me wrong, real estate investments can turn San Antonio Real Estate Investing brown too. But I now have a better appreciation of what it takes to get better control and to reduce risks on real estate transactions.

There are lots of strategies an investor can take in real estate deals. Let's just review what I believe are the three keys for residential rental property investments.

1. Know the neighborhood before you buy, and don't overpay.

2. Do as good a good of approving your tenants as legally allowable. Do not scrimp on this step. It costs more to evict than it does to conduct proper background checks.

3. Treat your tenants right. Be responsive to health and safety issues, and show up at the property from time-to-time, and not just when it's time to collect the rent. 


I've had the listing, shown below, for a couple of months and have focused on selling to a family. It is in an area where there is a healthy rental market too. So, marketing it as an investment property too.


Home For Sale in Sunrise
Price Adjusted

Recently Remodeled
-New kitchen appliances
-New tile floor in kitchen
-Tile backsplash

North East San Antonio

One of the largest floor plans of available homes in the area

Consider Investment Opportunity
Convert this into a rental property

Competitive dollar per square foot

See the video



Call Wayne Johnson, 210-483-6329
Coldwell Banker D'Ann Harper Realtors


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Wayne Johnson                                                                         18756 Stone Oak Parkway
Coldwell Banker D'Ann Harper Realtors®                       San Antonio, Texas 78258

Texas Real Estate License #0566780

210.483.6329(Tel)                                           (Fax)210.483.4729                                 wjohnson@cbharper.com                                                                                                            

Texas Law requires all real estate licensees to give the following information about brokerage services:

 

©All rights reserved, April 2011, San Antonio Real Estate Investing

 

Comments (11)

Maggie McFarland
RE/MAX Pearland - Maggie McFarland - Pearland, TX
Pearland Realtor, Homes for Sale in Pearland Texas

Great blog Wayne! You mentioned several tips that are key to making the right deicision in real estate.

Apr 10, 2011 07:55 AM
Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

Hi Wayne,  I love real estate investing, it's the best in my opinion.

Apr 10, 2011 09:24 AM
Roy DuBose
Austin Distinction Realty - Austin, TX

there is a difference in investing and speculating now, isn't there?

Apr 10, 2011 11:40 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hi Wayne,,,,You make some good points here.  But, I have found that even when a tenant checks out perfectly on a credit check and screening, they is still a chance you might have to evict them. It would be great if we could show up at their previous place of residence unannounced, just to see how well they took care of the previous home. But, that's now always possible.

Apr 10, 2011 04:08 PM
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Wayne  You certainly understand the "program" when it comes to investing in real estate and tenant relationships

Apr 11, 2011 05:18 AM
Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale

Maggie-Thanks for commenting.

Apr 11, 2011 12:40 PM
Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale

Ricki-I wish I'd redirected more of my "sure thing stock deals" into real estate. Thanks for comment.

Apr 11, 2011 12:49 PM
Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale

Roy, I think you know the answer to that.

Apr 11, 2011 12:50 PM
Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale

Jerry, No argument. Even the FBI and CIA let in people who should not be admitted. No 100% sure fire way to prevent everything. Thanks.

Apr 11, 2011 12:52 PM
Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale

Karen-Yes, I've watched many succed and some fail. Thanks for visiting.

Apr 11, 2011 12:58 PM
C. Lloyd McKenzie
Living Albuquerque - Albuquerque, NM
Living Albuquerque

Real Estate Investing,  as part of a broader portfolio of Bonds, Stocks, Currency and COmmodities and oprion trading is as diversified as one could get.  It's difficult to master all of them

Apr 14, 2011 05:47 PM