Demand for short-term rentals remains strong in San Antonio, but with supply rising even faster, some investors are pulling back.
the property generated approximately $50,000 in revenue in 2021. That home has been on the market for more than 250 days, according to Zillow.
Shelley Galbraith has been renting the carriage house behind her historic King William home since 2016. She formed the Short Term Rental Association of San Antonio, which educates and advocates for property owners and managers, and moderates one of the three San Antonio-area Facebook groups for Airbnb hosts.
Despite the current churn, there’s still money to be made, said Alex Cruz, owner of Welcome Home Club, a local STR property management company. Like White, Cruz owns a handful of properties and manages others. Good quality hosting benefits everyone, he said — the guests, the property owners and the neighbors who live nearby.
What he and others very much do not like, however, are the number of scofflaws — operators who don’t get the required permit or pass along the collected 16.75% hotel occupancy tax. As of July 11, the city’s zoning map showed just 3,459 permitted properties.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
San Antonio’s Week in Photos, July 2-8Images of a summer music camp, an ornate cut paper sculpture, puppies and more make up the past week's top photos.
Les mer »
WWE Friday Night SmackDown coming to San Antonio this fallWWE is bringing its Friday Night SmackDown to San Antonio’s AT&T Center this fall.
Les mer »
San Antonio's Wembanyama proves naysayers wrong in dominant performance against the TrailblazersSunday night's loss against the Portland Trailblazers could be the last game Wembanyama will play until the Spurs' preseason starts in October. SanAntonio SATX SanAntonioTX SanAntonioSpurs Spurs Wemby Wembanyama VictorWembanyama
Les mer »
State Sen. Roland Gutierrez of San Antonio enters Democratic primary to defeat Ted CruzGutierrez, a fierce gun-reform advocate, will challenge Dallas Democratic Congressman Colin Allred for the nomination. SanAntonio SATX SanAntonioTX Texas TedCruz TexasPolitics Uvalde Senate
Les mer »
San Antonio man accused of human smuggling, leading deputies on high-speed chase in PorscheA San Antonio man has been arrested in a human smuggling case that ended in a car crash in Zavala County, according to the sheriff’s office.
Les mer »
San Antonio Tex-Mex staple Cha-Cha’s has closed permanentlyThe restaurant took to Facebook Saturday to share the news, stating simply: 'Permanently closed … thank you for the good times.” SanAntonio SATX SanAntonioTX SanAntonioFood SanAntonioRestaurants
Les mer »