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4 November 2024 | 2 replies
The subject line says it all... for all you CRE agents out there, what have you done to prospect for new clients!?
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5 November 2024 | 4 replies
.- **Custom Solutions**: If you want a fully custom design with added features, working with a developer or agency could cost anywhere from $500 to several thousand, depending on complexity.Best Practices1.
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18 November 2024 | 5 replies
To invest in Richmond, join REIAs, engage on social media, attend events, learn from resources, connect with agents, explore neighborhoods, and connect with professionals for appreciation, rental demand, and strong cash flow.Good Luck!
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19 November 2024 | 1 reply
The house is on 0.06 acre and the lot is 0.14.
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17 November 2024 | 5 replies
Then it'd on them to either take it or not.
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4 November 2024 | 1 reply
Aloha, BiggerPockets community!
I’ve been in the real estate business for almost three years now and have completed five deals: one buy-and-hold long-term rental, one short-term rental, and three fix-and-flip project...
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19 November 2024 | 2 replies
Hello everyone,I have been given 15 day extension to show an effort to do repairs on a large SFH that now has a unlawful detainer/former tenant who has been found subleasing, damaging the property and preventing contractors from entering.
18 November 2024 | 1 reply
Make sure you’re checking in on your tenants, getting them to document any damage, and having solid insurance coverage.
5 November 2024 | 14 replies
you have to find an off market deal that is distressed but not too distressed, buy it and close on it, have a contractor that you trust lined up to rehab it, oversee the rehab to be sure it stays on track, get it rent ready and then rented out, and then / in parallel refinance.how will you execute those steps in any market?
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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!