Is it worth it to buy a townhome as an investment property? Do people AirBnB? I've heard mixed things.

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A friend of mine had a property he owned as an Airbnb. It was awful. People would rent it to have parties (even though the agreement stated they couldn’t). The house would get trashed. Then, there was the normal wear on a property. Things were constantly breaking…the hot tub, dishes, etc. It became more work than it was worth so he sold it.

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We went thru painful vote gathering and achieved 2/3 majority for kicking out rentals via Airbnb type concepts , exactly due to these parities
In my community you can not rent a home for less than 2 months .. and you buy today can not rent away until a a year after buying a old home ..

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Don't do AirBnB. Rent it out long-term. That'll provide more consistent ROI and save you a lot of time and energy.

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Also airbnbs come iwth a looooot of headache, it's not worth it

An Airbnb in or around Dallas makes little sense to me. No one comes here for tourism. Long term rentals are definitely feasible in the right locations.

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I think it is worth buying a home as in investment property, but as the above comments have stated, I would consider longterm renters before Airbnb.

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Better check if HOA allows for Airbnb or rental properties.

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Yeah a friend did that and when the HOA found found they served a cease letter.

Sure. Townhomes (on average) yield a lower return than SFHs, but require much less service/maintenance.

You’ll always have an appetite for a townhome providing its in a good location. AirBnB would be an option if you’re in a great location, but more of a personal comfort issue

Depends on how conveniently/centrally located it is. I know a couple who rents rooms out on AirBNB and they've had some pretty good success. It's also a lot of work - especially if you're not living there.

My neighbor turned their house to an Airbnb and I hate it. I’m in East Dallas by white rock lake and it used to be relatively quiet. It’d be different if it was lower Greenville or some parts of Lakewood but it’s Little Forest Hills, Claremont, etc.

Yeah if you’re planning to stay in the area. If you get a job in another city how do you plan to maintain it?

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