All Forum Posts by: Luke Macias

Depends. I would think about long terming two sides and making 1 a really nice Airbnb. I have a duplex by the airport which has a great longterm tenant and then short term the other side and I like the balance of safety and risk. A couple years ago I would have told you to rent out all 3 of the triplex units short term but I think a balanced approach is a much safer bet. 

The other good thing is that the coronavirus will reduce the amount of overall Airbnb's in SA, which will be good for those of us who stick around once people start traveling again. 

I own and operate several Airbnb's in San Antonio. They are doing better. Totally depends on the risk you want to take. If you want to just KNOW that your monthly costs will go down, then get a long term. If you want the potential to have all your living expenses covered some months, then go short term. Also, IF you can clean between your stays yourself then you will save $750 a month on management and cleaning. If you are planning on managing it yourself then short term might be great. If you want someone else to manage a clean it, I'd go long term. 

I'd look in Denver Heights. For long terms I'd also look in the medical center area. A lot of affordable options with quite a few renter potentials. 

I own two rentals in Denver Heights. That area is only going to continue to increase in value. 

There are quite a few. 

I own 4 short term rental properties IN SAN ANTONIO and we manage two others. Give me a call or send me a PM. 

I would highly recommend checking our AirDNA and paying the $100 and seeing what other homes are making annually in your area. I'm a big fan of the booking sites, and we've been incredibly successful with our homes which are listed on multiple sites but 90% of the bookings come from Airbnb. 

You've got a good idea Marcus. But wouldn't mind talking more details and breakdowns. You're right to stay in the Johnson Reagan area for rehab. You also have a lot of urban revitalization going on downtown. Definitely don't over look areas like Denver Heights for a lot of rising values. 

If I was looking at living in SA I would stay in the square area south of 1604, north of 410 and between 281 and i35.  

Geneva Martinez is someone I use with Wenzel and Associates. She is top shelf. She's in San Antonio but I have found that hasn't been an issue at all. I hardly ever go in to meet with her.

http://accountingfirmsandtaxpreparation.com/wenzel-associates-in-san-antonio-tx-78229-2612/

I don't have experience with it but let me know when you open the restaurant and I'll stop by. ;)