Houston AirBNB/Short & Medium Term Rentals

[Brian Nel]

I'm considering converting my unit to a furnished short or medium term rental. Like all of us in Houston not directly in downtown/midtown, there's not much in the way of walk-able attraction which is unlike AirBNBs I've stayed in personally.

I would like to hear from anyone else doing STR:

• what your common tenant is like (business, families, vacationers, etc),
• what lengths of stays,
• occupancy and 
• seasonality you experience. 

I had a friend pull STR comps so I know my expected annual revenue is roughly 150% that of long term rental however I will need to recoup costs from furnishing.

[Carlyle Small]

My units are in the loop so I won't be much help but the answer to alot of these questions depend on what side of town, what kind of space, how big it is, etc. In general, alot of Airbnb hosts are currently frustrated with how they handled the pandemic and the fact that large companies like Sonder have entered the space and are driving prices down. There's a Houston Airbnb host facebook group that might have some of the info you're looking for if you can provide details on the space you plan on offering.