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Updated almost 3 years ago on . Most recent reply
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San Antonio Short Term vs Long Term Rentals
Hi everyone!
I’m doing market research trying to find the best approach for my first deal. I’m trying to get some info and opinions on Short term rentals vs long term rentals in the San Antonio market. Does anyone have experience with short term? Long term? Or both?
How does the San Antonio market compare for these two different strategies? Right now I’m looking around the sea world to 6 flags range (west 1604 area). But I want to see if others have experience or knowledge in the market as I am a newbie looking for my first deal.
It is also worth mentioning for my first deal I plan to live in it for the first year to get in with low money down, then move out and rent it out while I purchase another property and repeat the process.
Any and all tips are appreciated! Thank you!
Most Popular Reply
Originally posted by @Trampas Tanklage:
@Nathan Montes that's a great area for STRs, just make sure you're not buying in an HOA. Those typically have a 30-day rental minimum. It's hard to find a long-term rental that meets the 1% rule in that area right now.
If I remember correctly, San Antonio implimented some new rules for STR. You might want to check it out.