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19 November 2024 | 2 replies
If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.
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20 November 2024 | 2 replies
And here is the latest BLS report.
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23 November 2024 | 26 replies
It would be of mutual interest particularly when I report this mess to the Attorney General of Arizona.
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25 November 2024 | 36 replies
in 2021 but Looks like they existed since 1906 as CIVIS.I know they partnered with transunion for screening. have you used this service and does it give a decent report?
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20 November 2024 | 37 replies
Can you make good money doing this if you consistently lend compared to owning a buy and hold prop?
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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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23 November 2024 | 15 replies
There's a nexus of factors tied to the LLC lending question worth noting.Typically we use a specific type of private business-purpose note that enables LLC lending.Other benefits of this note include: No Income Verification, No Credit Reporting, LLC Liability and Privacy protection, Unlimited Number of Loans, Far Less Documentation,... many obvious and non-obvious reasons savvy investors run this route.These notes are also competitive with FHA/VA/Conventional interest rates; however a 15-20% minimum down payment is required.Happy to help you cover the bases.
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20 November 2024 | 18 replies
This feature and the financial reporting piece of it really saved my life!!
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22 November 2024 | 92 replies
I have a market, NOT a "war zone" that I can consistently hit 1%+.
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14 November 2024 | 19 replies
I'm trying to figure out if I can get the consistency in MTR for the price I need to cover the mortgage.