Short term Rental Orlando FL vs Dallas TX

[Eder Tavares]

Hello Everyone, 

Hope you are all doing well amid this pandemic. I am looking to invest in properties for STRs in Orlando or Dallas TX and I would appreciate if someone have some input on these areas. Does anyone know which of the 2 area performs better on airbnb and makes more profit?

Thank you.

Eder T

[Jonathan Conaghan]

@Eder Tavares I am not familiar with the Dallas market but I am with Kissimmee. Either way, I would say there are likely to be properties/owners that make and lose money in both markets. The best thing to do is narrow down to a specific area/neighborhood that you would like to purchase, scan properties on the various marketing sites to get an idea of their average occupancy and nightly rates, see what properties are selling for, estimate the cost to bring that property up to a finish consistent with the better performing properties in the marketing sites, determine the need for and cost of property management and then you will have an idea on whether it can be profitable.

Best of luck.