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All Forum Posts by: Tiffanie Figueroa

Tiffanie Figueroa has started 0 posts and replied 40 times.

Post: Short term rentals/ Airdna accuracy

Tiffanie FigueroaPosted
  • Posts 42
  • Votes 21

If you pay for the market and use the Rentalizer tool I believe it is accurate revenue before all expenses. If you pay for the market you are able to see the comps it's pulling and disregard the bad ones. Having a pool can almost double your revenue in some cases. Different types of STR work better in some areas of San Antonio than others. Feel free to reach out. I'd be happy to chat

I do agree with you about the taxes and profit margin. There aren't tons of homes where the numbers make sense. I sift through the MLS almost everyday and sometimes I only find good deals a few times a week or none at all. Like I said, knowing what works and where really increases revenue. I think as supply increases the poorly managed and cheap feeling STRs will go under

I am an agent in San Antonio and our market is much more stable than Austin's. We do have density restrictions on STR's here which is a good thing. There are currently over 5,000 permitted STR's here and I expect that number to continue to grow. With that being said I do feel that there is still room to run a profitable STR in San Antonio. Knowing what works well and in what areas of SA is key.

Post: Looking for a RE Broker in TX

Tiffanie FigueroaPosted
  • Posts 42
  • Votes 21

Hey there! I'm on the Investment Team at PMI Birdy Properties. I'd love to chat and see if we would be a good fit. 😊

Post: How to find out how much I can spend...?

Tiffanie FigueroaPosted
  • Posts 42
  • Votes 21
Quote from @Chris Shelton:

Hi everyone! I'm sure there's some resources out there but I'd like to hear what this community has to say about where to go or which calculator to use to find out how much you can afford based off of income, credit, etc. 

Thank you for your time!

I am local to the area and can refer you to a great lender if you need one

Quote from @Agraj Sobti:

Hey all, I am looking to buy an investment property near New Braunfels - specifically in Geronimo (TX 78155 zipcode) which happens to be closer to Seguin than New Braunfels. Can someone guide me if this is a wise business decision, is it an up and coming area, and are the rents high enough to justify the investment? The community is called Navarro Ranch by Lennar Homes

Seguin is a growing area. Here’s a link to a news article regarding this. https://www.ksat.com/news/loca...

I’d be happy to run rental comps for you if you like. 

You should consider San Antonio, TX for your next STR market. Many reasons why people visit here outside of tourism alone

San Antonio, TX! People come here for many reasons including vacation, corporate meetings, Airforce graduations and more.  We have a great market here and finding something in that price range is not a problem!

Those are warranted concerns. 
Things you may want to consider:

Privacy fence in the backyard

Enough parking in the driveway or street for the amount of guests you plan on sleeping

Installing a noise monitoring device (this is mandatory in all STR our brokerage manages) it lets us know if there is a noise problem BEFORE a neighbor complains.

My team specializes in STR in San Antonio and surrounding areas. Let me know if we can help 😊