Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Houston Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

77
Posts
49
Votes
Casey Crowe
  • Columbia, SC
49
Votes |
77
Posts

AirBnB market in Houston near MD Anderson?

Casey Crowe
  • Columbia, SC
Posted

Hey guys, investor from SC here. 

I'm doing some research into the feasibility of starting a non-profit that helps people with a certain rare type of cancer (of which I'm a patient too) get to MD Anderson for treatment. Because what we have is so rare, most doctors go their whole careers and may see only 1 or 2 cases. And getting to an absolute expert surgeon is critical for long-term prognosis. (I myself travel from SC to MD Anderson)

What I'd like to know, is what's the market like for AirBnBs down in Houston, specifically near the Texas Medical Center. I stay in them when I come, but I'm wondering what's a typical 3/2 or 2/1 that could use some rehab (Think BRRRR) run? What are the property taxes like? Are people running AirBnBs and successful there? Our city of Columbia is so much smaller than Houston that I'm kind of looking for a pro to just give me some back of the napkin numbers.

Ideally I'd like to see if a model where we let people with this cancer stay for free while they're there, and then rent it out to regular people to raise money when it would otherwise be vacant would be feasible. I know the property taxes can be high, but this doesn't need to be luxury. I think I've paid from $65/night to $80/night the 3 times I've stayed nearby. 

If anyone in the AirBnB market in the area would share some info that would be wonderful. Thanks guys!!

Most Popular Reply

User Stats

1,145
Posts
871
Votes
Mark Sewell
  • Investor
  • Houston, TX
871
Votes |
1,145
Posts
Mark Sewell
  • Investor
  • Houston, TX
Replied

If I'm not mistaken those areas immediate south and maybe a bit east of the Medical Center are undergoing gentrification right now - if that is the right word. Seems like an area where a lot is going on, not sure.

Loading replies...