21 November 2024 | 24 replies
If there are other small lots around that neighborhood, the zoning board likely will approve some kind of building though.
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27 November 2024 | 13 replies
Generally speaking condo are cheaper to get into, but you have higher costs due to condo fees and if the condo board does a bad job running the place, you will have even more costs.
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27 November 2024 | 10 replies
If they have multiple properties in the same area, I know this gives them operational acumen and discounts across the board.
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10 December 2024 | 100 replies
You serious think nobody did a boarding house until AirBnB.....
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21 November 2024 | 5 replies
AAA The first step like others have mentioned is the zoning board and an architect.
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22 November 2024 | 15 replies
We also are very verse on the Property Code Laws of what legally we must do and what is just good business.So @Ian McClure to answer your question, it would depend on how the new tenant was on boarded and what kind of business the owner runs concerning his property
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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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25 November 2024 | 19 replies
@Christian Gibbs a lot depends on what the attendence at town council is about, are they specifically representing you and your property to town boards?
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21 November 2024 | 15 replies
I'm also on the board of CFRI, the local chapter of the National REIA so that might be a good resource for you to check out too.