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Results (10,000+)
DeAnna McKillop-Lopez LLc’s and irrevocable trusts
18 November 2024 | 9 replies
Operations- tenants refusals, either cull them before they get to you by requiring autopay as an example, document on their application why you refused them, make sure your facilities are maintained properly and no safety hazards exist, etcLLC.
Collin Schwartz Trading W-2 for Self Management- 0-92 Units in 16 months!
1 December 2024 | 377 replies
I know we operate in totally different economies, "doors" here run about $100k, and far higher for small properties. 
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!
Ben Polansky Maximizing Real Estate Professional Status
18 November 2024 | 5 replies
If this isn't an attractive alternative to your business partner then you might consider changing the ownership structure or operating agreement as one of your options.
Ian I Leinwand Medium Term Rental Leasing - Month to Month or Set Lease Term?
19 November 2024 | 6 replies
Quote from @Sarah Rosko: We manage several medium-term rentals as well and typically operate with a 30-day minimum stay.
Juhyun Kim Seeking Advice for Starting a Short-Term Rental Investment in Pennsylvania
18 November 2024 | 8 replies
One thing I would mention though - doing STR just to save taxes often leaves you operationally unstable or too detached from the management to be successful.
Paul Merriwether Has anyone heard of Scott Jelinek and his Slow Flip strategy?
2 December 2024 | 34 replies
And i have seen other do it like i said in San Antonio only to have that operator get in major trouble with the state and the investors get wiped out.. there is more than just YOU buying a home without an investor putting up the dollars to buy it.
Jimmy Wellman I'd like more specificity about the ROI on an average flip. Can you help?
20 November 2024 | 5 replies
When funding is rare and flips are plentiful, there will be enough opportunities for everyone but return will be depressed and better operators will make better returns. 
Michael Dallas Great Opportunity for 1st Multi Family Deal
25 November 2024 | 14 replies
Verify the purchase price, potential rental income, and operating costs to determine whether it’s truly profitable.Understand Debt: Taking on $500,000+ in debt is a serious commitment.
Justin Cummings BRRRR exit strategy or next steps?
20 November 2024 | 14 replies
Also, depending on your long term goals, transitioning part of your portfolio into more passive investments might help reduce operational stress while keeping your equity working for you.