If you are purchasing a home using a loan, the bank will require an appraisal. The appraiser visits the home, looks at comparable recent sales, and determines a value for the
Purchasing A House to Use as a Vacation Rental in the Austin Area
Thus, if you would like to purchase a property to use as a full-time short term rental in the Austin area, you have two options. Find a condo that allows short term rentals, or look for a property outside the city limits to use as a short term rental. Homes located in the City of Austin’s ETJ can be used as vacation rentals, and do not require a permit. Homes located in the LTD do require a permit; however, they do not have to pay City of Austin hotel taxes.
If you are looking for a property to use as a short term rental in the Austin Area, you may be interesting in reading these other posts.
SHORT TERM RENTALS- UNDERSTANDING REGULATIONS
FINDING AN AUSTIN INVESTMENT PROPERTY TO USE AS A SHORT TERM RENTAL
Contact me today for help finding the perfect investment property for your needs.
Erika Rae Albert is an Austin native who has built her business around one guiding principle, YOU always come first. Prior to joining the real estate industry, she honed her her customer service s....
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