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All Forum Posts by: Justin Brickman

Justin Brickman has started 40 posts and replied 473 times.

Post: Excited To Start My REI Journey

Justin Brickman
Posted
  • Realtor
  • San Antonio, TX
  • Posts 479
  • Votes 267

Let's go DeShawn! Good luck to you. I'm in San Antonio, happy to help you if you have any questions 

Post: How Big Is Your Vacation Rental?

Justin Brickman
Posted
  • Realtor
  • San Antonio, TX
  • Posts 479
  • Votes 267

Beautiful property

Post: seller financing in San Antonio, TX

Justin Brickman
Posted
  • Realtor
  • San Antonio, TX
  • Posts 479
  • Votes 267

Happy to help you Xueling if you need any! Good luck with this!

Post: Selling My Fourplex That I Lived In (Taxes)

Justin Brickman
Posted
  • Realtor
  • San Antonio, TX
  • Posts 479
  • Votes 267

Hey Benjamin, that's correct. You don't have to be living there on the date of the sale to qualify for the 2 of the last five rule. So you should be good to go.

Post: Do You Need a Mentor for SFH investing

Justin Brickman
Posted
  • Realtor
  • San Antonio, TX
  • Posts 479
  • Votes 267

Not right away. You can find mentors or experienced investors at local meetups or and get some great advice for free. Maybe a coach or mentor a bit later down the line

Post: How many STR do you have and what have you learned in your journey?

Justin Brickman
Posted
  • Realtor
  • San Antonio, TX
  • Posts 479
  • Votes 267

5 and it's been a great experience. Many things I've learned just comes with the experience IMO, it's not something you can read or pick up on a podcast. How to deal with guests, issues, contractors/cleaners, when to communicate, how to furnish the rental, marketing, etc

Post: Keep it 4 bedroom or add a 1/2 bathroom

Justin Brickman
Posted
  • Realtor
  • San Antonio, TX
  • Posts 479
  • Votes 267

Keep it a 4 bed. If you can maybe add a bathroom downstairs in a different space that ins't a bedroom, that would add value. I don't think replacing a bedroom for a bath would be worth the cost.

Post: How can I scale after first SFH?

Justin Brickman
Posted
  • Realtor
  • San Antonio, TX
  • Posts 479
  • Votes 267

There are many ways to make money in residential. You just gotta find what works for you. 

Post: How are STR’s doing in San Antonio?

Justin Brickman
Posted
  • Realtor
  • San Antonio, TX
  • Posts 479
  • Votes 267
Quote from @Joe S.:
Quote from @Robert Finn:

@Tara Stivers I’m also here in Orlando for the conference! Across my portfolio we are right around 73% in October. MTR does well here with savings on HOT tax, stay extensions, management fees,and turnover! 

Do you self manage?
Yes I have cleaners and contractors, so I’m able to handle check-ins, communication, and any problems pretty quickly . When it becomes too much I’ll have someone manage, but that’s not the case so far. 

Post: Do you already have a strategy to capture bookings in the last months of the year?

Justin Brickman
Posted
  • Realtor
  • San Antonio, TX
  • Posts 479
  • Votes 267

Hey Estrella, it's a little slower for me as well at the moment but the good bookings always come!