
26 July 2024 | 1 reply
You can learn a lot from someone who's spent a lot of time on the property, and it doesn't cost you anything as long as you're polite and respectful.Lastly, you'll want to be ready for the tenants to ask YOU some questions as the buyer or agent.

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.

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.

25 July 2024 | 0 replies
Partner Driven financed the E Church Street deal using its own capital, covering the $200,000 purchase price and $5,000 renovation costs.

22 July 2024 | 24 replies
However, these properties won't be low hanging fruit.

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.

24 July 2024 | 14 replies
I would also stay away from people just starting out, its hard being a 1/2 person operation with a low unit count.Best of luck!

25 July 2024 | 33 replies
And in selling the notes, they frequently rely solely on the information the company gives them – which later proves to be false or misleading.COMMENT: This is not really applicable to note investors.Investors purchase the promissory notes, enticed by the promise of a high, fixed-rate return – up to fifteen or twenty percent – with a very low level of risk.

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.