AirBNB Houston - Anyone subleasing please help

[Brithney Severe]

First-time poster, I have recently discovered BiggerPockets in my venture into rental arbitrage. I plan to launch my Airbnb in March 2022 and completed all the steps to obtain my LLC and business credit but I am having a hard time finding a place in Houston that allow Airbnb. I have called multiple places and they allow corporate leasing but stand strong on no Airbnb. Do anyone know a place in Houston area that allow STR/Airbnb.Please private message me I would greatly appreciate your help.

Thank you!

[Cody L.]

Quote from @Brithney Severe:

First-time poster, I have recently discovered BiggerPockets in my venture into rental arbitrage. I plan to launch my Airbnb in March 2022 and completed all the steps to obtain my LLC and business credit but I am having a hard time finding a place in Houston that allow Airbnb. I have called multiple places and they allow corporate leasing but stand strong on no Airbnb. Do anyone know a place in Houston area that allow STR/Airbnb.Please private message me I would greatly appreciate your help.

Thank you!

Let me offer advice as someone on the other side of the coin (properties for lease that people want to rent out to do STR):

1) Don't reach out to people and ask "Do you allow corporate leases". A few years ago we'd get that question every so often from people that legit wanted to lease our unit under their business name and use it as an office or something. Now we get the question at least 10 times a day. And 100% of the time its just code for "I want to do STR".

2) If you want to do STR, just say so.  BUT make a professional pitch.  The reason people say "no" is they have a bias against it.  So preemptively make a flyer / deck that explains what you do, how you do it, and address the common reasons people don't allow it.  The people we've done STR with have reached out to us and explained what they do, how they do it, shown they have the resources to get started, etc.   That's how they avoid the instinctive 'nope' when they ask about STR.

3) Be capitalized.  Too many 'gurus' pitch this as a way to make money with no money.  i.e, go and rent a $1000/month apt and boom, you make $2000 in STR rev.  Doesn't work that way.  You have to furnish it, you have to be able to absorb losses in the short term as you build up reviews.  And if you work with a scumbag like me you have to take a large block of units, that may need work (in exchange for free rent).

I know this isn't what people want to hear.  But if you really want to grow a portfolio of STR units, it's what you need to hear.  Almost EVERY BUSINESS worth having and growing is going to take work and seed capital.  If you don't have the time to give the business, or don't have the capital to get it off the ground, wait till you do.