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  #221  
Old Posted Nov 8, 2019, 7:02 PM
StoOgE StoOgE is offline
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Originally Posted by 78701 View Post
You can't make money renting out a condo. After depreciation/mortgage interest, property taxes, and HOA dues, the return is negative. The only play here is the price appreciation.
Not only that, I've heard most Air BNBs are not very profitable for the person doing the renting. Revenue can look good, but positive cashflow as a permanent rental unit can be difficult to pull off.

Garage apartment rentals or incidental income while out of town are obviously different, but in 2019 I don't think most people trust Air BNBers in their actual home. I did it one time when the service was new because I was out of town during SXSW and my neighbor said we had at least 20 people flopped in the house and while they didn't break anything, it was really disgusting when we came home.
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  #222  
Old Posted Nov 8, 2019, 7:07 PM
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Can anyone confirm whether or not demo has begun?
Couldn't tell at least from I35. Could see the crane base at Nativo though.
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  #223  
Old Posted Nov 8, 2019, 7:44 PM
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Originally Posted by Austin1971 View Post
Can anyone confirm whether or not demo has begun?
I drove by yesterday, nada.
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  #224  
Old Posted Nov 14, 2019, 4:33 PM
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Just overheard an supporter advertisement on NPR from 44 East. Said now under construction.... Well if you call an empty building that still needs to be demolished then I'd say they are on track lol.
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  #225  
Old Posted Nov 15, 2019, 10:55 PM
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Drove by an couple hours ago. Demo has begun of the smaller building on the property. Lots of activity.
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  #226  
Old Posted Nov 18, 2019, 6:02 PM
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Originally Posted by urbancore View Post
Drove by an couple hours ago. Demo has begun of the smaller building on the property. Lots of activity.
Drove by today. Small building a pile of rubble. Very little activity though.
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  #227  
Old Posted Nov 18, 2019, 9:37 PM
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awesome, It's getting exciting. We have become crane city once again!
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  #228  
Old Posted Nov 21, 2019, 6:13 PM
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Full blown demo now. I’ll bet building is gone by weekend. They are moving quickly
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  #229  
Old Posted Nov 22, 2019, 3:14 PM
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I went by this morning and there is a lot of stuff going on that little section of East Ave. with 44 East and Natiivo.
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  #230  
Old Posted Nov 24, 2019, 11:56 PM
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11/24/2019
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  #231  
Old Posted Nov 25, 2019, 12:42 AM
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That's a nice two for one photo.
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  #232  
Old Posted Nov 27, 2019, 8:55 PM
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11/27/19 - Not much action. Crane is on 48 East site.



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