Investing in Galveston Vacation Rentals

[Vijaianand Thirunageswaram]

Howdy,

Being investor in Houston/Missouri City area, we love SFH rentals. I also got my interest peaked into owning vacation rental in coastal areas whenever I visit beach. Few years ago, when I visited Galveston I thought about owning one after paying so much for hotel for a night. Later, I never followed through with it. This year we went to Pensacola beach and even checked out few condos to buy but it's too far. Now, an investor approached me to sell his flip property and I started thinking about it again.

I just started researching and learned so much about vacation rentals. I learned about the area, AirDNA and so much. I also found post in BP which is around 3 years old but still had activity last year. I think Patty Debruyne and Timothy Church and few others really gave good insight about that market few years ago. Now the market seems to be one of the best AirBNB markets and still has lots of potential for growth and competition.

I am really strongly thinking about owning few rentals over there and may be help my clients/friends to own few as well depending on how it goes with my investing. While I am still doing my due diligence, if anyone who had invested in the Galveston area in the last year or so, please do share your experience.