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4 October 2024 | 1 reply
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.
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9 October 2024 | 17 replies
In regards to your EMD (from what I've learned so far) If you are within your inspection period still &/0r have some sort of clause in your contract stating ( “buyer has the unrestricted right to terminate contract with a written notice no later than ( inspection period date) than you have proof.
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9 October 2024 | 5 replies
Arm Loan - 5.250 (after five years the rates can go up 1.25% ( I will need to refinance before year 5) Need more info on loan amount, LTV, then can run the payment difference between the two and I’d also need more detailed info on the 5 year arm, as far as margin, index, floor , ceiling, adjustment periods. etc.
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8 October 2024 | 22 replies
A few examples: -OneKey points that can be redeemed for some listings but not others-Certain photos being denied from upload with no explanation for why-Completely failed dynamic pricing tool that puts you in a catch 22 with your calendar At least AirBnb has their IT game in order and a modern and relatively intuitive interface with updated fonts, graphics etc.
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7 October 2024 | 12 replies
Usually in our deals we have communication standards in the contracts, some examples: We are required to send full financials every quarterWe are required to respond to inquiries from investors within 7 daysWe are required to communicate any changes to the operations team (general partner removal from position, change in asset manager...etc) within a certain time period.
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9 October 2024 | 11 replies
Communication: - How do you communicate with property owners regarding updates or issues?
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8 October 2024 | 17 replies
I’ll keep updating for all in Denver, but would definitely recommend Real Estate Solutions in Denver as a property manager. https://resrents.com/contact/Happy investing!
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9 October 2024 | 9 replies
Your mechanicals and capital expenditures are a lot more important and more expensive to fix than a pretty kitchen. its better to live in outdated kitchen and have a well kept home with updated mechanicals/roof/hvac than one that looks pretty but will start to crumble5.
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8 October 2024 | 1 reply
Updating the interior is costing me $63,000 for demo, installation, and materials.
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9 October 2024 | 2 replies
I do not want to be cruel and want to give heads up for a future time period.