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25 November 2024 | 19 replies
But in the meantime, if you aren't happy with your management company, I would suggest interviewing others until you have a firm understanding of all the facets of managing on your own.Good luck!
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7 December 2024 | 150 replies
@J Scott in our state amounts that over bid from the minimum credit bid are then dispersed to the next in line on the TSG . if there are no other loans leins etc.. excess proceeds would go to the trustor who lost the property... the Trustee conducts the sale for the benefit of the Bene and they receive funds at auction then disperse.. in WA excess proceeds go to the courts for dispersal is my understanding.. in Oregon the trustee ( which is a law firm of some sort) will disperse...
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24 November 2024 | 11 replies
Set a Firm Budget: It's easy to get caught up in the bidding frenzy.
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18 November 2024 | 1 reply
Now I am in the early stages of development.I am working with a consulting firm to help with a concept plan, engineering, and to get the city to sign off on everything.
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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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20 November 2024 | 9 replies
There are several routes, but the best one is probably to give them a 7-day curable to remove the extra tenants.
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21 November 2024 | 21 replies
I wonder what it will cost you when they remove their washer dryer and damage the pan again.
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21 November 2024 | 39 replies
To crystalize this point many years ago I was involved in a dispute with an architecture firm.
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19 November 2024 | 2 replies
To thrive in real estate investing, you must maintain a firm grip on your finances.
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17 November 2024 | 9 replies
He acknowledged via email that the MLS listing has been removed and that the listing agreement has been terminated.