Updated over 2 years ago on . Most recent reply
Houston short term rentals
Hi my name is Olu I’m a new investor that lives in NYC. I’m planning on getting a short term Investment property in Houston texas but I have some concerns due to the fact I live out of state. Is short term profitable in the Houston market and how profitable is it. Also I wanted to ask what tool are being used to know if a property will make sense and bring in profits for short term rental and what area should I focus on with a $250k budget.
Thank you all !
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#2 Short-Term & Vacation Rental Discussions Contributor
- Olympia, WA
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#2 Short-Term & Vacation Rental Discussions Contributor
- Olympia, WA
Hey @Olu Oguntoyinbo, before you get all hot on Houston, I would call the city council and see what they are planning.
There has been a lot of activity regarding regulations and the like in Houston.
Start looking on AirBNB and VRBO to see what is available where. What kind of nightly rates, occupancy and amenities you can expect. That will get you started once you find out which way the wind blows.