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Updated 12 days ago on . Most recent reply

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Nicole Gauthier
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Is Furnished Finder worth it in Urban areas?

Nicole Gauthier
Posted

Hello everyone,

I have an active short term rental based in Houston, TX about 8 minutes from downtown. I self manage, have a cleaner but I also sometimes turn the unit myself. Its a 3 bedroom home, brand new build and just shy of 1500 sq ft. The short term rental business has been fine, up until this month where I saw the lowest bookings since opening. I am considering converting to a long term rental but thought that mid term might also be a good approach as well considering the home is fully furnished. Has anyone had good experience with Furnished Finder in your market or if in Houston even better? My neighbor has listed his but also has had occupancy issues as an STR and said that most people looking for either rooms or cheap stays but I can't comment on that as I have no experience listing as an MTR. Can anyone share their experience or any advice? My property is in 5th ward but in a more gentrified area with several new builds on the street that are occupied and 4 more being built on the street that are all for sale. Your help is appreciated!

Most Popular Reply

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Allen Duan
#1 Medium-Term Rentals Contributor
  • Property Manager
  • Los Angeles, CA
409
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522
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Allen Duan
#1 Medium-Term Rentals Contributor
  • Property Manager
  • Los Angeles, CA
Replied

Urban markets are the best markets for MTRs. If you're asking if Furnished Finder is worth the financial cost, that's a no brainer. The price is so low, don't overthink it. 

The better question is how to use Furnished Finder successfully. It's very different than Airbnb so don't expect it to work the same. Think of FF as a glorified classifieds or Craigslist for furnished rentals. Some people will contact you directly about your property, but a lot of people post housing requests and you have to contact them.

  • Allen Duan
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