Home Buying in San Antonio>Question Details

Fabien Lebrun, Home Buyer in San Antonio, TX

50,000 $ cash total to buy a condo/apartment/house as investment.Is it enough to find something easy to rent and how much can I expect to rent it for?

Asked by Fabien Lebrun, San Antonio, TX Mon Nov 5, 2012

It can be anywhere in san antonio

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I've been selling Real Estate for 24 years in San Antonio and surrounding area...

In short, I'll provide you with comprehensive, high-quality buyer's service. I can assist you with your purchase on a Newly Built Home (I work with all Home Builder in San Antonio), Pre-Owned Homes, Land, For Sale by Owner, and all Foreclosure Properties. I will save you thousand$$$ Guaranteed!!!

Please don't hesitate to call or email me. I look forward to the opportunity of earning your business. More importantly, to adding to my list of Satisfied Customers.

Rosie Kelch "The Singing Realtor"
210-846-3027 Mobile
24-7 Info. Hotline... (800) 811-5759 x1111
http://thesingingrealtor.vobre.com/
0 votes Thank Flag Link Mon Nov 5, 2012
Man, that is easy as pie! And you picked the right town for it!! :)

I'd stay away from condos, SA is not a strong condo market... and the monthly HOA fees will eat into your ROI.

Here are some good rental homes:

http://sabor.connectmls.com/listings.jsp?dcid=CDBFC4A7251D44…

Plus... I get TONS of people looking to rent at $800 per month or less daily! Should be easy as pie...

Jason C Campbell
Option One Real Estate
210-389-5266
.
http://www.SAHomeExpert.com
0 votes Thank Flag Link Mon Nov 5, 2012
Hi, Fabien,

Like waving a red flag in front of a charging bull - "I have cash and am ready to buy!"

There are some other things you need to weigh before getting parted from your money.

A good rental will rent for at least 1.2% of cost (including make-ready repairs. That means $600 [er month or more, depending on how much you have to spend to get it rental ready. So, you will have to know what nearby similar properties have rented for recently.

Here are ALL of the available Multi-family prospects priced under $60,000 currently listed in MLS:

http://sabor.connectmls.com/listings.jsp?dcid=CDC55EC18CDE0E…

Some of these neighborhoods are pretty tough. You will want to do a day-time drive by.

Another strategy is to sit down with a REALTOR who understands investments and plan out you attack, then pursue it deliberately.

Good luck,

Doc Stephens, REALTOR
(210) 764-9403
0 votes Thank Flag Link Mon Nov 5, 2012
Dear Fabien,

I work with a investors all the time. Investment properties are my specialties.

It would be my pleasure to meet with you over the phone or in person and show you a detailed seller net sheet of how much would it cost you to invest in an investment property and what can you expect to get a return on your investment and what can you expect and how long.

Give me a ring or email me as soon as you have time and I will go in depth with you over what your options are in any location in San Antonio, TX.

Thank for your time and have a wonderful day!

Best Regards,

Mona Shaboon
B. H. Realty LLC
Broker/Owner
210-388-2317
0 votes Thank Flag Link Mon Nov 5, 2012
Please find your next property at http://www.JoseSellsSanAntonio.com, it is free!!!
Good Luck
0 votes Thank Flag Link Mon Nov 5, 2012
Dear Fabien Lebrun,

Yes, I am sure you will be able to get a property for that amount. How much you can rent it for depends on the area, amenities and condition of the property. Please contact me if you need assistance. Bonne chance!

Claudia McShane
Joyce Klein Realtors
(210) 744-4502
The_Realtor4U@yahoo.com
Web Reference: http://www.SAHomes4Sale.net
0 votes Thank Flag Link Mon Nov 5, 2012
You should be able to. Are you in the city?

Tabitha
0 votes Thank Flag Link Mon Nov 5, 2012
I believe it is possible...and on average--depending on the area--it's likely to rent for somewhere near $625. I'd love to help you find something
0 votes Thank Flag Link Mon Nov 5, 2012
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