
19 November 2024 | 11 replies
Which is why I think focusing on one thing at a time vs to many will help me stay organized.

20 November 2024 | 45 replies
Now people's minds have been so polluted with this marxist-socialist drum beat for decades that people now default to a socialist answer of "Make Them ____, that's the answer, MAKE EM DO IT MY WAY" and that will fail every time because the very framework is designed to operate opposite.

20 November 2024 | 17 replies
I have several single-family homes here locally, operating as short-term rentals and long-term rentals.

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.

20 November 2024 | 12 replies
Would you be open to a quick zoom / phone call so I can ask a few more questions on how you run your operation?

19 November 2024 | 5 replies
It also is helpful to have a California LLC in case you ever sell that property and move into another state so that you do not need to form a new LLC altogether with new operating agreement, just re-register in the new state as a new foreign LLC.

18 November 2024 | 8 replies
Test the waters with the sponsor for 3-5 years as they hold the properties in the DST, then decide if you want to align with them as a part of your long estate plan.Last (and best) recommendation: Ask your broker what the funds from operations (FFO) ratio is.
19 November 2024 | 15 replies
Feel free to inquire about their staff qualifications if it's a larger organization.2.

19 November 2024 | 1 reply
Here's a breakdown to my best knowledge Real Estate Investment Trusts are companies that own, operate, or finance income-producing real estate.

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!