UPDATE: The Hotel Occupancy Tax (HOT) compliance timeline has been moved to now start on February 1, 2025 (this was previously set to start in October)Any short term rental advertised through a platform remitting the hotel occupancy tax to the State of Texas (such as Airbnb or VRBO) will begin paying the San Antonio HOT directly to the city monthly through the platforms.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

I thought I had to be in an area "where renters live" LOL - today we target areas with as few renters as possible3.)

It’s impossible to advertise a contract without also advertising the property itself, which you can’t do without a license. 

What areas have you been targeting?

Where are you advertising?

Most have exited since the earlier thread's activity, so I'm starting a fresh thread asking members here, did you participate in any of the completed deals and was your experience and return as advertised?

My target markets are NY and CT, but I’m definitely open to expanding my horizons.Since most friends and family members are hesitant about real estate investing, I'm on the lookout for a mentor who can guide me through this journey and potentially partner with me along the way.If you have any advice or know someone who might be willing to help me get started, please let me know!

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Acquisition Criteria: Develop clear criteria for the types of properties you target (location, price range, property type, etc.), allowing you to evaluate deals faster and more consistently.