Edward Zachary Samperio
San Antonio STR Regulations: Summary of Findings and Next Steps
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!
Paula Impala
Norada Capital Management suspending payments
31 December 2024 | 418 replies
I am hoping Marco will be the exception. ya me to.. however I suspect he has some complicated situations and it may take more than 30 days to come up with something they can live with.. but if I was him I would be sending out an e mail once a week .. even if it was to say I have not forgotten and we are still here and working on it..
Keri Win
New landlord: Need advice on apps to manage your property and lease agreements
19 November 2024 | 23 replies
Mostly without exception they have told me, the worst mistake they made was trying to do it on their own.
Julio Gonzalez
Real Estate Professional Status
19 November 2024 | 0 replies
Section 469(c)(7) provides an exception that allows qualifying taxpayers to treat rental real estate activities as nonpassive, enabling them to deduct losses against other types of income.
Tom Carmody
Condo Hotel (Condo-tel)
24 November 2024 | 27 replies
It doesn't sound like a lot, but I do NOTHING except cash the check.
David Ivy
Austin Market Report - October 2024
20 November 2024 | 1 reply
Multiple offers are now the rare exception, not the norm.
Constance Kang
My Experience of Rich Dad/Elite Legacy Event Scam
14 December 2024 | 101 replies
I bought a Carlton Sheets course in the 90s for $75..... so far, all info is the same except updated.
Mia Baltazar
My First Deal
17 November 2024 | 1 reply
The VAs you provided have been exceptional, and I’m excited for what’s next!
Lisa Fondant
Jerry Norton programs ($10k finder fee - Powerflipper)
10 December 2024 | 104 replies
The tools that are offered are exceptionally useful and user friendly.
Scarlett Tao
Co-signer income requirements
18 November 2024 | 14 replies
I'm a property manager and I absolutely refuse to work with cosigners (except for full-time college students).