All Forum Posts by: Chace Dietrich

Where do I find the rules/regulations regarding STRs in these areas? 

I’m not familiar with BRSTRR or BRWRR. What’s the method for those?

That’s good advice. Thanks. 
I guess what I’m also asking is: What city’s are people finding the most opportunities?

Hello all,

I'm trying to decide where I should try to BRRRR. Local (San Antonio, TX) would be preferential, since I know this area better. The whole city has sky rocketed in price however, so I'm just waiting for the market to take any downturn.
Do you guys know of a better market currently to buy?

Hello all,

Does anyone have a referral for an outstanding property manager in San Antonio, TX? 

I am brand new to major rehab investing and I am looking to learn under someone who has gone through the process. Let me help you with the process and make you more money while learning things I need to know. I am in San Antonio, TX. 

My condo owners’ association “politely” notified me that I cannot do short term rentals. 

Investment Info:

Condo buy & hold investment.

Purchase price: $109,000
Cash invested: $109,000
Sale price: $118,900

Used as AirBnB for a year, then as a long term rental.

What made you interested in investing in this type of deal?

Wanted to test out owning an AirBnb/Rental

How did you find this deal and how did you negotiate it?

Zillow and a Realtor

How did you finance this deal?

Cash

What was the outcome?

It went alright, but I didn't know much about the process.

Lessons learned? Challenges?

Have more of a plan.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes. My realtor was very helpful.