All Forum Posts by: Nathan Montes

@Mike Hern thanks for this info. I read the pdf. It only talked about getting a permit but I found another talking about all the rules.

This link is from Airbnb itself. Lots of useful info:

https://www.airbnb.com/help/article/2517/san-antonio-tx

This link is from San Antonio and has all the details and regulations on STR:

https://docsonline.sanantonio.gov/DSDUploads/STRPacket.pdf

@Trampas Tanklage great advice I didn't know that was dictated by HOA. Are there instances where a deal would work for both strategies? Where I'd have the option to go STR or LTR whichever fit the timing and situation best?

Hi everyone!

I’m doing market research trying to find the best approach for my first deal. I’m trying to get some info and opinions on Short term rentals vs long term rentals in the San Antonio market. Does anyone have experience with short term? Long term? Or both?

How does the San Antonio market compare for these two different strategies? Right now I’m looking around the sea world to 6 flags range (west 1604 area). But I want to see if others have experience or knowledge in the market as I am a newbie looking for my first deal.

It is also worth mentioning for my first deal I plan to live in it for the first year to get in with low money down, then move out and rent it out while I purchase another property and repeat the process.

Any and all tips are appreciated! Thank you!

Hey everyone!

I ran into a fork in the road. I am 21 and have been working sales for 1 year under a W2 tax form. I also go to college full time. I drive around the city daily for work and am given the option to opt for 1099 tax form. With this I know I can claim my Miles along with other tax benefits. The downfall is that I wanted to purchase my first property once I graduated in June 2021 next year, and lending companies require 2 years of proof of income tax returns.

I can keep W2 tax form and lose a lot during the year. Or I can try to take advantage of 1099 write offs but wait an extra 6-7 months to get started on my real estate journey.

I am also aware with write offs it takes away from your income. I would like to know the right balance or the right taxable income amount I should be aiming for.

Sorry for the long question but I’ve put a lot of thought into this and am still needing further advice. Hopefully this can help others in the same position. Thank you!