As a real estate investor in San Antonio, I am well aware over the years of how much uncertainty a presidential election can have on the financial markets generally, and real estate specifically.
Now that Donald Trump has been elected president of the United States, many investors in San Antonio are wondering if his election will be good, bad, or somewhere in the middle for San Antonio investment properties.
Well, I can only speak for myself when it comes to the national economy and the real estate investing market, but I think that much of the ‘economic recovery’ in the last eight years has left behind a lot of the investing class and many middle class Americans.
Many of us believe that the Federal Reserve’s monetary policies have led to many in the middle class feeling inflation, little wage growth and while unemployment is low, many Americans are underworked and are making due with part time jobs to make ends meet.
I think that with Trump in charge, who obviously is a highly experienced real estate investor himself, we are likely to see more economic expansion with infrastructure investments. He also may use debt to encourage growth and will try to lower taxes for the middle class and higher earners, who provide much of the financing for job growth.
It also seems possible that he will reduce regulations in Dodd Frank and make it easier for small investors to borrow money.
Hopefully, a Trump administration will encourage stronger economic growth and greater confidence in the real estate investing markets than we have seen since 2009.
I do know that we have seen a slight drop in San Antonio real estate investment prices in the last six months, prior to Trump being elected.
I do think that with the lower real estate property prices, this is a good time to move into buy and hold real estate investing in San Antonio. Prices are lower, interest rates are still low, and the unemployment rate in San Antonio is very low. There is a strong rental and buyer market here for sure.
Here is a great under market value fixer upper that will be a great addition to your real estate investing portfolio:
- Address: 8013 FM 1518, Somerset, TX 78069
- Year Built: 1955
- Description: Tremendous cash flow investment opportunity in South San Antonio suburb, excellent school district and low crime rating, 3 beds 2 bath San Antonio investment property under market value, 2150 sqft, land: .16 acres, built: 1955, tax value: 84.9K, yearly taxes: $2,400.00, estimated yearly insurance: $1,000.00, Estimated Repairs:10K, ARV:79-89K
- Cash Price on San Antonio Fixer Upper: $49,000
- Exit Strategy: Owner Finance with 10K in repairs: then resell with: 5K-10K down, $895 monthly PI/TI, 30 year amortization, 10 % interest, Sales Price 89K.