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4 December 2024 | 32 replies
Regarding Rob Beardsley he grew up in Silicon Valley and learned about real estate and tech from his parents, who ran a real estate brokerage firm from home, thus he had a built-in mentors and good networking to start with in addition to the capital that his parents have preserved for him so he got a good jump start.
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21 November 2024 | 14 replies
Quote from @DeBret McGee II: Quote from @River Sava: Hey DeBret - It is possible.
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2 December 2024 | 33 replies
Would love to talk to you about the market on both sides of the river down here!
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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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20 November 2024 | 4 replies
My name is Bill (full info below) and I live just over the Cape Fear River from Wilmington in Brunswick County.
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21 November 2024 | 15 replies
Quote from @River Sava: Welcome Josh!
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19 November 2024 | 20 replies
I am in Chicago as well, office is in River North.
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19 November 2024 | 9 replies
It's in the Grass Valley area, CA, about an hour north of Sacramento.
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1 December 2024 | 377 replies
I had a good-paying job at a Silicon Valley equipment manufacturer.
13 November 2024 | 4 replies
Now that Trump won the election, I wanted to get a discussion going about what potential impact this could have on towns along the Rio Grande Valley like McAllen, and Brownsville, Texas.The population growth in these towns has been great over the years making it a worthwhile investment.