Griffin Malcolm
Are Solar Panels Worth It?
5 December 2024 | 34 replies
Since benefits typically accrue over years, the payoff may be limited if you sell within two years.This post does not create a CPA-Client relationship.
Algerson Andre
Starting the New Construction Investment Home Process
21 November 2024 | 5 replies
Basically the building size is limited by the lot size.
Tom Carmody
Condo Hotel (Condo-tel)
24 November 2024 | 27 replies
They market it , rent it and maintain it for you but they keep 50% of your profits and limit you from using it for more than a few months a year under their contracts , contracts are usually for 3 years , if you put it there you can not pull it out.
Angelica Crawford
Use Substantial Home Equity to Buy Investment or Buy New Primary?
20 November 2024 | 3 replies
However, this would limit us to buying something in a somewhat expensive SWFL market (we cannot leave the area) but we are open to it. 2.
Stuart Udis
Structuring your entities for anonymity is NOT asset protection
21 November 2024 | 39 replies
Holding EXEMPT (from bankruptcy forfeiture) assets, holding assets in exempt entities (retirement accounts, pensions, IRAs, in some states insurance and annuities), homestead exemption, remote entity protection (LLC, Serial LLC, Corporations, Limited Partnerships,) Asset Protection Trusts, using separation of assets for married individuals (in certain states) charitable remainder trust, etc. can be very effective though can be costly.
Mike Tikh
How to choose a location from the US?
2 December 2024 | 35 replies
You really want unbiased investor advice so I would focus more on the responses that are from investors (or anyone) living in one area in their bio, but telling you about another area that the invest in where they have no vested interest.It's not to say that all agents are spamming, most is pretty reliable advice on their area, but it's still to be considered with a grain of salt.You are giving everyone too wide a scope to help you - anywhere in the US, and then limited to the Midwest (huge), and others.
Martin Hernandez
How do RIETS work?
19 November 2024 | 1 reply
Your loss is limited to the amount you invested.You can sell shares of publicly traded reits on the stock market during trading hours.
Ori Skloot
Remodeling Cost for Small Apartment With Pics (Example)
15 November 2024 | 10 replies
.$900Microwave, Sink, faucet, sink hardware $600Quartz Countertop (one 10 foot slab)$300Electrical Materials: wire, receptacles, lights, etc..$400Baseboard (had it left over from another job so $0, but would have cost around $100)New interior door, wood studs, drywall, mud $300Paint $100Dump Fees $500Misc stuff I’m probably forgetting $500TOTAL COST $12,500Rehab cost per square foot = $25
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!
Robert Frazier
Value add opportunities under new Boise Zoning code create cashflow opportunities.
19 November 2024 | 13 replies
They need to do all their due diligence including understanding the value that will be added by the ADU, the finance options available, the consequences of adding the ADU (rent control, property taxes, rental limitations, etc), etc.Good luck