San Antonio STR Out of State
Happy New Year San Antonio Short Term Rental Investors!
Does anyone manage their STR from Out of State?
Did you set up yourself, did you use an interior designer to set up, or did you use a co-host?
I have a goal of setting up one Short Term Rental in 2022 from Out of State (Hawaii).
My business partner and I are looking at a 2/br or smaller in the Downtown, Pearl, Riverwalk, Alamo area, or a 4br.+ in the Sea World area. Any opinion on which area would provide bigger potential net profits?
I know the prop. taxes are going to be higher downtown with higher price per night, but the 1604 are will sleep more (more bedrooms), but may have more wear and tear.
Most Popular Reply
There are lots of things to consider, but one of them is saturation. The downtown areas are in high demand but there is a lot of competition with many options for travelers. Also, don’t forget to check with the city to be sure your unit would be eligible for a permit. There are density rules that prohibit how many licenses they give out on each block.