Jose Remor
Leaving a property management company.
25 November 2024 | 19 replies
You have to know how to screen tenants well, know the landlord tenant code thoroughly, know how to send proper notices, when you can charge late fees, what to do if a tenant doesn't pay etc.I can't tell you how many owners have come to us over the years who thought they could manage on their own and got all the way to court, only to find they didn't follow proper protocol with notices or the late letter etc and have the case thrown out and have to start again.Also, are you local to do inspections?
Danny Lyu
My 2 Options: Personal vs Commercial Loan
26 November 2024 | 35 replies
If they say put up higher railings, additional smoke detectors, etc, complete it promptly and document it.I've been in the landlord business for 20 years, and I've always kept my properties to code and well maintained.
Tiffany Da Silva
Advice needed on real estate LLC business banking & Organization
21 November 2024 | 6 replies
It's heavily dependent on what the tax code allows and who is interpreting the tax code.
Matt A.
Contractors in California bay area without contractor license # or name on vehicles?
19 November 2024 | 4 replies
I think "California Business and Professions code 7029.6" is the name of the law that requires them to display this?
Madelyn Felix
Remote property access and cameras for self-guided tours?
20 November 2024 | 23 replies
Here is my current set up:1) ShowMojo for managing the self showing listings (It has some self showing anti-fraud services, syncs with smart lockbox to issues codes, etc etc)2) CodeBox Jr smart lockbox where I have the keys3) ReoLink Go Plus Cellular Camera with a $5 per month T mobile data only sim card.
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!
Alex Dixon
STR Tech Stack
22 November 2024 | 13 replies
For individual properties, we've recently started using a QR code system for wi-fi and email capture to save on costs.
Algerson Andre
Starting the New Construction Investment Home Process
21 November 2024 | 5 replies
Normally, unless there are specific building code restrictions, the amount of units allowed on a lot is determined by the Floor Area Ratio.
Steve Rozenberg
Needy Tenants
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
Jonathan Greene
Calling Out The Welcome Trolls, The Cut and Pasters, and AI Posters
16 November 2024 | 32 replies
If you see multiple posts a day, it's definitely worth speaking up about like @Nathan Gesner mentioned.At the end of the day, these "trolls, the cut and pasters, and AI posters" don't win in the long term....All sites or groups that grow experience the same issues with moderation (see Facebook groups), but VAs can't moderate because they are doing a letter of the law thing and not reading these garbage posts for what they are - spam, AI, number puffing, and cut and pasting, self-promo.