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Updated over 4 years ago on . Most recent reply

User Stats

52
Posts
1
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James G.
1
Votes |
52
Posts

SA short term rental

James G.
Posted

Parents have their personal mobile home parked in their rental unit. I’m trying to convince them to Short term rent it to bring in some more income since it is just sitting there.

Question, how is the SA market for STRs? What kind of traveler would use this? Anything else I should ask I’m not thinking of? I’d basically have to manage it from out of state, but I’m willing to give it a go. How could I learn more? Books? Websites?

Most Popular Reply

User Stats

576
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307
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Stone Saathoff
  • Investor
  • San Antonio, TX
307
Votes |
576
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Stone Saathoff
  • Investor
  • San Antonio, TX
Replied
Originally posted by @James G.:

@Stone Saathoff wow, that’s fantastic for them. Good find. Do you know if they did any rehab work, or just furnished it and STRd it?

It was a unique setup. A lot of rehabbed houses in Lavaca have a high end finish, this one was just finished out with builder grade materials (basic materials from Home Depot) and couldn't command the 400K+ ARV of surrounding homes, but was a perfect fit for Airb&b. We cut a deal with the seller to leave behind all of the nice furniture he had for 3K on top of the purchase price. No rehab.

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