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21 November 2024 | 3 replies
There are a number of good QIs right here on Bigger Pockets.
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24 November 2024 | 18 replies
Min is 3200, but the bigger the better.
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22 November 2024 | 15 replies
You can see it on Bigger Pockets here:https://www.biggerpockets.com/forums/521/topics/1217146-2024...I post all my events on Bigger Pockets.
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21 November 2024 | 9 replies
Hello Bigger Pockets, I am hoping someone can help me figure out what I am doing wrong using the BRRR Calculator.
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18 November 2024 | 8 replies
I would urge great caution when choosing neighborhoods and even blocks to invest in as things can go uphill or downhill very quickly.
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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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26 November 2024 | 31 replies
Stop when you reach your goal or you want to go in bigger asset classes.
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21 November 2024 | 15 replies
Quote from @Joshua Herrera: Good afternoon Bigger Pockets Community!
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18 November 2024 | 13 replies
The unit we have, one block further back from the beach we have been getting a little over 35k gross per year.
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22 November 2024 | 20 replies
Place good residents, make sure the block is nice (just not the street) and you should be fine.