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18 November 2024 | 9 replies
When you're listing has no reviews, at lot of people pass over it, no one wants to take the chance.
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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!
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26 November 2024 | 86 replies
The only place we can get some semblance of this is on PassivePockets.com, where some sponsors are reviewed by LPs behind an LP-only wall.
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24 November 2024 | 19 replies
I recommend looking at reviews on their Google Business Profiles to get some selections. 2.
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20 November 2024 | 14 replies
If selling is on the table, a 1031 exchange could allow you to defer taxes and reinvest in properties with better cash flow or lower maintenance needs.Since repairs are mostly handled, it might be worth reviewing your rents to see if there’s room to increases/ways to improve cash flow.
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18 November 2024 | 0 replies
It now cash flows ~$3,000/month with over 100 5-star reviews across Airbnb, VRBO, and Booking.com.
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19 November 2024 | 5 replies
If you are struggling moving the deal I would either review the deal again or target more buyers.
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19 November 2024 | 6 replies
I will be sure to review the sites for grant funding in my real estate business.
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20 November 2024 | 15 replies
Usually, your realtor will have a few to choose from, and you should look up their online reviews.
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18 November 2024 | 3 replies
Their windows are extremely affordable but the company lacks reviews.