
25 July 2024 | 10 replies
Below you can find a quick FAQ sheet of the updates they have implemented and will be implementing soon.Quick Overview: - The cost of application fees has increased- Platforms will remove listings without legitimate permit numbers- Platforms will have to remit the Hotel taxes directly to the city of San Antonio (Operators still have to file revenue reports monthly)- STR operators can change the operator of the permit without a new application being required (it seems the permits are still non-transferable upon sale, however)- Updated Party Prevention measuresMy Take:This should weed out some hosts that have not been abiding by the permit requirements.

25 July 2024 | 1 reply
I can get the sentricon bait system that will average out to a total cost of $484 per year over 5 years.

24 July 2024 | 17 replies
I was told that it will cost $8000 for the modular which is a 2 bedroom unit, the shipping is $20,000.

24 July 2024 | 6 replies
Set up the LLC business bank accounts.Moving to an LLC increases costs, work, and complexity.

22 July 2024 | 6 replies
Both have the same net effect.

22 July 2024 | 9 replies
You can trying getting a HELOC on one of your property (best on primary) then you open a line of credit to use those funds to cover your rehab costs.

25 July 2024 | 10 replies
In person its a place I could see maybe doing an investment or two in but its not where I really want to set up shop (I mean that literally; set up a home and also set up a wood shop - so I can build custom cabinets and stuff).If Santa Cruz, CA ever goes on sale then I'll go there and suck it up with CA laws and cost of living, but for the foreseeable future it is not even a remotely viable option; I looked at a fourplex there generating $10k in monthly income and priced at $2,700,000.

25 July 2024 | 10 replies
.- It's been well kept- Between transaction costs (e.g. broker fees, transfer fees), capital expenses, tax recapture I would need to sell it for $1.9M to break even.- At it's height (2022), it could have sold for but $2.7M.

24 July 2024 | 9 replies
I am told that it is more expensive for sellers to accept VA offers because of Termite inspections and repairs and many other costs.

24 July 2024 | 0 replies
Can I write off all expenses from the trip, such as hotel, meals and travel costs like gas, or airfare?