Anyone of hear of or use Sinistar (insurance claim placement co) for MTR

[Jake Soteros]

Im looking to get into STR in San Antonio and came across Sinistar. A company out of Canada I think that says they do placements for insurance companies for displaces families. Anyone have any info on them?

https://sinistar.ca/

Also, any info on if there is any country or city pushback on Pad Split is much appreciated!!

[Lauren Kormylo]

Sinistar has been asked about before here, but I don't remember anyone having direct experience with them.

As far as PadSplit, you'll have to check city and county laws concerning the number of unrelated people allowed to live in a house.  Some localities have limits, some don't.  For instance, Sedona AZ has a limit of 4 unrelated adults living on a residential lot, so PadSplit won't work there. If PadSplit is already operating in your city, there shouldn't be a problem with that.  Not to say the law couldn't change of course.  You are aware that PadSplit requires you to convert your living and dining rooms into additional bedrooms, right?  So you'll be putting out quite a bit of money to do that, and when you sell, you'll most likely have to convert it back.