AmaKhaya

03/25/2025

Thinking of investing? Call me, and let's make your money work.

San Antonio's single-family rental housing market is influenced by several key factors:
Economic Expansion: The city's growing industries, including healthcare, military, and technology, attract professionals and families seeking rental housing.
Population Growth: San Antonio's population has been steadily increasing, driven by its affordability, cultural appeal, and expanding job market.
Affordability: Compared to other major Texas cities, San Antonio offers relatively affordable rental options, making it appealing to renters.
Limited Inventory: A shortage of available homes for sale pushes more people toward renting, increasing demand.
Demographic Shifts: Changing preferences, such as millennials delaying homeownership, contribute to the demand for rental properties.
These factors collectively shape the long-term demand for single-family rental housing in San Antonio. Are you exploring this market for investment opportunities or just curious about the trends?

03/09/2025

Coming some, a refurbished house on Diamond Field. Three bedrooms, two bathrooms and a huge game room for just $1535 a month. Pictures to follow.

11/23/2024

Back in the rental portfolio, the house at Village View has 4 bedrooms and about four 'whatever rooms,' one of which is huge. All for a reasonable $1595 a month. Close to many employment opportunities.

09/29/2024

This is for the grandchildren out there.

As true today as it was then.

Inflation. At lunch yesterday (2022), David asked me about what inflation means to me as a landlord/housing provider and I'm sure he was not expecting my answer.

Here it is: - It is a windfall and it is set to make a big difference to every housing provider, more so those with higher leveraged positions. How so?

Rent will increase in line with inflation. We have a rate of 8+% now (2022), but for this discussion let's work with half that, 4%. We have a loan service cost of $10,000 (ten houses for example) and we collect say $11,000 a month in total rent - profit $1000,00. Hey, I know these figures a low, but for the illustration, let's work with it. The $10,000 is a fixed cost, but the rent is variable. It will increase by 4% next year, 4% of $11,000 is $440.00.

This is why you really need to understand numbers.

Our profit is now $1440.00 monthly, a 44% increase ($1000 + $440). Deduct the inflation quotient, 4% and one's income is boosted by 440-4% ($17.60)- $422.00

Now ask your employer to give you that percentage raise!

Inflation is a friend to housing providers.

Update. Rental inflation is 3.1% in San Antonio. This means the the numbers are close.

08/10/2024

Financial literacy. Oh, I wish I had had this education when younger. Would have saved years and years of anxiety. Here is a good book, and I suggest you read it.

07/10/2024

It was a hot 4th of July and we decided to take an early stroll around two of the missions here in our lovely city, San Antonio. Good place to live and prosper.

07/04/2024

Late fees. Often tenants pay late. Why? Heck if I know. The thing is this, I do not fret, in fact I'm kind of happy. A late fee of $100 a month happens every month, but usually more than one pays late. Extrapolate over 12 month......ah, that's give or take $2400.

05/09/2024

Sadly, my profile has been hacked. If you see Peter Michael Jakubczyk Peter. Note the second Peter, that's the hacker. May he/she/it be buried under horse dung forever.

04/27/2024

04/27/2024

The Cedar Springs project is nearing completion. Next week, the new tenants move in.

04/12/2024

Progress at Cedar Springs. Looks like about a week to go to completion. So far it has been a wonderful project. The home has a newer roof, a/c unit, the slab has been leveled and stabilized. New siding, flooring, a paint job and it's almost like a new house. More pix to follow.