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18 November 2024 | 4 replies
Don't think it's worth it for 1 property.Vrbo and Airbnb will sync calendars with each other and send basic messages already.Vrbo has free built in pricing tool.
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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!
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18 November 2024 | 10 replies
Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.
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20 November 2024 | 18 replies
I’ve made a conscious effort in automating and digitizing more of my rental management tasks and can share some of the tools I've been exploring that might be helpful to others.I use Baselane a lot, it is a platform that's really geared towards landlords and real estate investors.
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24 November 2024 | 19 replies
I'm not really certain if I'd be looking at PM as a catalyst so much as a secondary revenue stream and network building tool.
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21 November 2024 | 6 replies
Tools like Baselane simplifies bookkeeping and tax preparation by categorizing transactions and storing records.Keep personal and business accounts separate to maintain LLC liability protection.Please don't use the same LLC for flips and rentals.
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19 November 2024 | 4 replies
Essentially, terms were prime +1 interest only for 12 months with only 1 discount point.
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20 November 2024 | 11 replies
If not, hire a professional architect or floor plan designer, or use tools like RoomSketcher, MagicPlan, or Matterport to create them.
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14 November 2024 | 4 replies
Essentially there are investors out there that can build a large enough portfolio with little debt that can cash flow enough for a great life.If you want to scale to many properties then you will want to consider leveraging your existing properties.