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Multi-Family and Apartment Investing
Account Closed
  • Plano, TX
1
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Convert a small motel to AirBnB?

Account Closed
  • Plano, TX
Posted Jul 31 2021, 22:55

Been searching but can't quite find what I'm looking for.  There is a open motel with 12 units that is run like a typical motel, except with someone who manages the bookings and cleaning from offsite (no main office).  Each unit is either two queens or a queen and a pullout.  No kitchen, just microwave and small fridge.

Thinking about updating all the rooms (either individual looks or all uniform) and run it as 12 airbnbs.  

Can you tell me if 1) this is something feasible, and 2) possible pros/cons as well as things I should know/ask?

Considering maybe keeping one unit as an onsite property manager if needed.  

Appreciate the help in advance!




   

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