Julian Chomicki
Hello from Argentina!
18 November 2024 | 10 replies
Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.
Mike Tikh
How to choose a location from the US?
2 December 2024 | 35 replies
YouTube is going to be your best research tool.
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!
Bracken Bjorn
First-time investor: Out of state or local?
25 November 2024 | 14 replies
BP has some good tools to get you started here.
Saad D.
What parts of your processes and tasks are automated?
20 November 2024 | 18 replies
I’ve made a conscious effort in automating and digitizing more of my rental management tasks and can share some of the tools I've been exploring that might be helpful to others.I use Baselane a lot, it is a platform that's really geared towards landlords and real estate investors.
Tzvi Keisar
Recommendation for tax strategist pro
19 November 2024 | 5 replies
I have seen instances where a 1031 exchange was not required such as1) The overall gain from the sale of the investment property was very small or even negative2) The taxpayer had enough passive loss carryforwards to offset the gain.A 1031 exchange is a very powerful tool put it has to make sense before going forward.
Jake Hughes
Buy and Hold or 1031 Exchange
19 November 2024 | 3 replies
Don't let that fear keep you from using the tool that adds dramatically to your bottom line.
Chris Lee
Mixing MTR and STR, and value of having a direct booking website
19 November 2024 | 1 reply
If you’re exploring options, look for a system with an API that connects to tools like Zapier or Make.com.
Brittany P.
Reporting to Credit Bureaus
17 November 2024 | 2 replies
If there aren't issues with this and it wouldn't be too much extra work, I'm really just looking for an additional tool to incentivize our borrowers/purchasers to keep paying timely each month.
Bruce Woodruff
Agents: When you list a property on the market and upload photos, which comes first?
20 November 2024 | 11 replies
If not, hire a professional architect or floor plan designer, or use tools like RoomSketcher, MagicPlan, or Matterport to create them.