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Results (10,000+)
Martin Hernandez How do RIETS work?
19 November 2024 | 1 reply
Thanks much in advance.
Edward Zachary Samperio San Antonio STR Regulations: Summary of Findings and Next Steps
19 November 2024 | 1 reply
After reviewing the latest ordinances, reports, and city guidelines, here’s a summary of my findings as of 11/18/2024:Key FindingsPermit Types and Fees:Type 1 (Owner-Occupied): $300 for 3 years.Type 2 (Non-Owner-Occupied): $450 for 3 years.Density caps apply to Type 2 permits (12.5% of block face).Enforcement:3 violations in 3 years lead to permit revocation.Fines up to $500/day for violations.Hotel Occupancy Tax (HOT):City: 9%, County: 1.75%, State: 6%.Platforms like Airbnb and VRBO will remit directly to the city starting Feb 2025.Platform Obligations:STRs must have valid permits; unpermitted properties will be removed by platforms like Airbnb.Special Exceptions for Density Limits:Require approval by the Board of Adjustment (BOA).Zip Code BreakdownI focused on these 11 zip codes:Under San Antonio Rules:78205, 78204, 78215, 78210, 78212, 78245, 78258Independent Municipalities (Separate Rules):Alamo Heights (78209)Leon Valley (78238)Helotes (78023)Next Steps:Research density caps and zoning in specific zip codes.Dive into independent municipality rules for Alamo Heights, Leon Valley, and Helotes.Evaluate market maturity and income potential using tools like AirDNA.If anyone has experience operating STRs in San Antonio or these specific zip codes, I’d love to hear your insights, especially about density limits, enforcement trends, or community sentiment.Thanks in advance!
David Thomas Wells Real estate investor
19 November 2024 | 8 replies
Looking forward to seeing your portfolio grow.Feel free to drop me a note if you need any help with cost segregation (how to reduce your taxable income using advanced depreciation).Chris Schmidt-Löffler
Gil Levy Looking to Connect with Real Estate Pros and Investors in Atlanta! 🏙️
12 November 2024 | 4 replies
Thank you in advance to anyone who reaches out or shares valuable information!
Steve Hiltabiddle Notice of Default - Process and options
19 November 2024 | 10 replies
Thanks in advance for any guidance or sharing of experience,Steve We always use an attorney even though one is not needed as it just makes sure we are compliant and not something that can be later contested.
Richard Foltys Seeking Advice on Best Long-Term Investment Locations in the USA or Caribbean for STR
21 November 2024 | 8 replies
Thanks in advance for any insights or advice!
Brandon Ja Scaling with newer homes
21 November 2024 | 8 replies
Thanks in advance.
Chris Lee Mixing MTR and STR, and value of having a direct booking website
19 November 2024 | 1 reply
Thanks in advance for any thoughts.