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Updated over 2 years ago on . Most recent reply
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New to Austin and BiggerPockets
I am excited to move to Austin and work helping to lend on investment properties. Also Interested in the Airbnb market for investment opportunities.
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Quote from @Zachary Ware:
I am excited to move to Austin and work helping to lend on investment properties. Also Interested in the Airbnb market for investment opportunities.
Welcome to Austin! Airbnb rules are strict within the city of Austin. There is also a 11% hotel tax fee imposed upon licensed properties. There are areas of town that you can operate a STR legally without a permit and without paying the city tax. I operate MTR's to avoid these rules and have had great success with them. Many of the suburbs do not have legislation prohibiting or taxing STR's. Round Rock has been a popular investing location for awhile because of the family friendly attractions there like Kalahari. The Austin area is a great place to invest and a great strategy!