All Forum Posts by: Joe S.

Become a YT REI guru?

@Joe S.check into triple net leases at a 10 cap. That is, 10% times market value = yearly lease payment. It allows you to lock in a cash on cash return of 10-15%+. Leasee pays for taxes, maintenance , furnishings and insurance.

I have been thinking about the possibility of a short term rental in San Antonio as I'm familiar with the area. I wasn't sure if getting a property worth $250k (whether buying one in good condition or fixing one up to an ARV of $250k) is viable? I realize that this price is probably below the top spots for it but figured it may still be viable but wasn't certain. Thank you for any information.

Hey Ryan, 

San Antonio can definitely work for short-term rentals, but a lot depends on the location and local regulations. A $250K property could be viable, but it’s important to run the numbers to make sure it cash flows well.

A few things to keep in mind:

• Location is key – Areas like Downtown, Pearl, and Southtown tend to perform well, but there are also opportunities near military bases, hospitals, and other high-demand spots.
• City regulations – San Antonio has specific rules for STRs, especially for non-owner-occupied properties (Type 2). It’s worth checking zoning and licensing requirements upfront.
• Turnkey vs. Fixer-Upper – If you're looking at a value-add approach, just make sure the rehab costs + purchase price still leave enough margin for solid returns.
• Projected returns – Tools like AirDNA can help estimate occupancy rates and average nightly rents to see if the numbers make sense.

I'd be happy to chat more about STR potential in SA—are you mainly looking for cash flow, appreciation, or a mix of both?

Hope you have a great start to your weekend. 

 If I'm reading this correctly, it could be the real Bert Whalen:

https://www.indystar.com/story/news/investigations/2025/02/1...

Sentenced on February 12th 2025 and "The judge also said a restitution order must be submitted to the court by April 14. For now, he remains free on bond pending an order from the Bureau of Prisons directing him when and where to surrender."

Well, this should be interesting

I am Bert Waylon. It’s been five years of Probation now 3 1/2 years of prison and 3 1/2 half years of halfway house and more Probation why God’s name has nobody gone after this guy.