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All Forum Posts by: Rafael Valles

Rafael Valles has started 2 posts and replied 4 times.

Post: Corporate Rental Advise

Rafael VallesPosted
  • Posts 4
  • Votes 0

Hi there,

I'm looking to list my property as a corporate rental. I don't have any experience where I can list the house nor if it is a good line of business. Any advice will be greatly appreciated.

I've heard that corporate rentals are in high demand and can offer higher rents than regular rentals. However, not sure if there is a good market in Austin. I also know that they require more maintenance and furnishing costs. Do you think it's worth it?

I've done some research and found some sites that specialize in corporate rental listings, such as **CHBO**, **CorporateHousing.com**, and **RentDigs**. Have you used any of these sites before? How was your experience?

Please let me know if you have any tips or suggestions for me. I'm eager to learn from you.

Thanks a lot!

Post: Initiating a short-term rental

Rafael VallesPosted
  • Posts 4
  • Votes 0
Quote from @Eliott Elias:

Austin is a tough market to STR in, there are permits and regulations that take time and money. If after evaluating all the costs and risk you still want to pursue, go for it. I like the LTR play.

@Eliott Elias, thanks for the heads up. I wasn't aware of any regulations or permits required for this line of business. 

Post: Initiating a short-term rental

Rafael VallesPosted
  • Posts 4
  • Votes 0
Quote from @Michael Baum:

Hey @Rafael Valles, Austin is a tough market. Lots of restrictions and areas where it is prohibited.

Take some time and do a search on the forum and read up. Contact the city to see about the area where it can be done legally.

You are talking about buying properties right?

Hey @Michael Baum, I live in Austin and we are planning on moving to another house some time between the end of Summer early in the Fall this year. But we don't want sell our house so we are thinking on renting the property long term or going with the hospitality path (STR). But before going all in, I wanted to make sure it is actually it would be a good option for this kind of busniess in the area where I live.

Post: Initiating a short-term rental

Rafael VallesPosted
  • Posts 4
  • Votes 0

I’m interested in learning the opportunities to pursue the path of short-term rental in the Austin area. Curious about how to analyze the feasibility that it would be a viable business in 2023.