This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.

but I’m starting to reconsider .Eating the Capital Gains will hurt a bit but we can apply the profit made towards some tax debt as well and then apply more $ to our primary condo out here and get relief of the PMI.OR do a 1031 .However, most people say an intermediary is necessary .I need to do research on how much someone charged for a 1031 .

For simplicity, I did not include closing costs or loan points in the purchase price numbers, but did include a fee of 10% of the sale price to cover closing costs, commissions, and minor repairs.ModelsBelow are two tables showing the IRR for the traditional rental, using a 20% down payment, and the BRRRR models using a 75% LTV loan.

Essentially, I am looking to see if there is anyone who works at a brokerage where that is their primary focus I was hoping someone on here could direct me on who that might be.

I've been exploring options for a multifamily property, single-family homes, and even a luxury condo that could work as an Airbnb.My primary goal is to find an investment that has good potential for profit and tax benefits for this year.

You can always start off in real estate by acquiring a property as a primary residence.

House hacked basement rental since 2017 and then turned that primary into full rental to buy new Primary and repeated HouseHacked Basement 2023.  

The older parts of the city will have this type of housing as the newer portions will have more traditional family-style living.

Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.

What I'm thinking about is to combine bedrooms 1 and 2 into a large primary and add a full path adjacent to the current full path.