Short Term rental market near Arlington in DFW

[Rita Lo]

Hey BP! Does anyone have experience in DFW with short term/vacation rentals, particularly in the Arlington area near Six Flags, UTA, and ATT Stadium? Also, appreciate any advice on what STR laws are required to list a property in DFW, and vacancy rates! Thanks!

[Myka Artis]

@Dominique Taylor Thanks for the tag. @Rita Lo Arlington is a great area for STR's but they have been discussing pushing limits on STR's here but the state of Texas constitution protects home owners property rights basically stating you can do whatever you want with property that you own. If you are looking for something near the stadium its mainly condos which have HOA's and aren't STR friendly at all and homes in the historic district. If you can snag a home in the historic district it can make some real money for you. I personally wouldn't suggest buying in the DFW area though if you are looking to do STR's. The market is insanely crazy and you're going to overpay. I'd consider arbitraging until this market settles down a bit. As Dominique stated we have meetups in Arlington on short term rentals every month.