Short-Term & Vacation Rental Discussions
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago, 10/30/2021
Short Term Rental-Small Multi Family
Hello BP. I'm closing on my first STR next month. It's 25 minute drive away in Galveston, TX, what I believe you would refer to as a "drive to" market. This property I'm purchasing is Duplex with units up and down. Up is 2 Bed 2 Bath and Down is 3 Bed 2 Bath. I'm entertaining the idea of leasing the lower unit long term and placing the upper unit on AirBnB. Or placing both units on AirBnB to maximize cash flow. Do you have experience with small multi family vacation rental properties? What are some of the upsides and down sides? I would love to hear your thoughts. Thanks in Advance.