Real Estate Agent · Los Angeles · Member since 2018 · 80 posts · 75 votes
There does not seem to be a lot of short-term rental options on Airbnb in the Dallas area, specifically in the Park Cities, Knox-Henderson, Turtle Creek, Katy Trial areas. Anyone know why? As importantly, is anyone having success renting their place full-time on Airbnb? I have a Dallas condo that I am considering turning into an Airbnb full-time. I live in Los Angeles so I will be using a management company. Any suggestions on short-term management companies?
Thanks for answering all or some of my questions. :)
@Melody Rault for the most part everything is on autopilot. Sometimes I get more interaction from my LTR tenants than my vacationers. Sometimes I won’t hear from a tenant for 6 months and my vacationers are driving me crazy. But I don’t mind being driven crazy for 5 minutes from anywhere in the world when the crazies are paying for my trip. Bottom line is just jump in. If you can make $5 on your first one you’ll make $500 on your second. And add a profile pic ;)
Thanks Lucas Carl for your input. Do you manage from a distance? Did you find an excellent house cleaner? Does that same person check to make sure there are not damages? Lock outs and maintenance would be easier but I wonder about the cleaning and checking to make sure all is intact.
@Melody Rault for the most part everything is on autopilot. Sometimes I get more interaction from my LTR tenants than my vacationers. Sometimes I won’t hear from a tenant for 6 months and my vacationers are driving me crazy. But I don’t mind being driven crazy for 5 minutes from anywhere in the world when the crazies are paying for my trip. Bottom line is just jump in. If you can make $5 on your first one you’ll make $500 on your second. And add a profile pic ;)
Interesting discussion! I would love to chat more with you @Lucas Carl.
I self manage 18 airbnbs in my area, and have 6 more than I use a manager for in Dallas. I am in the process of exploring other options for Dallas, including self managing those. I do need a really good cleaning and Ops person on the ground.
There does not seem to be a lot of short-term rental options on Airbnb in the Dallas area, specifically in the Park Cities, Knox-Henderson, Turtle Creek, Katy Trial areas. Anyone know why? As importantly, is anyone having success renting their place full-time on Airbnb? I have a Dallas condo that I am considering turning into an Airbnb full-time. I live in Los Angeles so I will be using a management company. Any suggestions on short-term management companies?
Thanks for answering all or some of my questions. :)
Do the park cities even allow Air B&B? I really don't know.
Most of the condos near the Katy Trail do not allow Air B&B's.