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Updated over 1 year ago on . Most recent reply

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Steve Chan
  • Investor
  • Houston, TX
23
Votes |
50
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Short Term Rental in Houston

Steve Chan
  • Investor
  • Houston, TX
Posted

My wife and I were getting ready to turn our long term rental into a short term rental and completely renovated our property. The place is beautiful with new french doors, new windows, and a remodeled master bath with subway tiles; however, the coronavirus changed our plans due to the uncertainty of the travel industry. We’re planning to rent it out again as a long term rental, but would love to rent it to a successful short term arbitrage business so that our property will be well maintained. Does anyone know of a short term rental arbitrage operation that might be interested? It’s an unfurnished 3 bedroom, 2 bath, 2 car attached garage house near The Vintage and Methodist Willowbrook in North Houston.

Most Popular Reply

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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
14,975
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

So you have doubts about being able to rent short term due to Pandemic. But you think someone else can make a go of it?

I don't understand the logic in this sorry. 

If you want to rent to a long term tenant just find one you believe can pay the rent for the entire lease.

I wouldn't trust a rental arbitrage person to be able to pay the rent for a few months. Then you may have to evict them to get your house back.

  • John Underwood
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