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Updated about 1 year ago,
Houston AirBNB/Short & Medium Term Rentals
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.