The state of the STR industry with Rent Responsibly
Summary
This episode of Get Paid For Your Pad discusses the current state of the STR industry with Dave Krauss of Rent Responsibly. They emphasize the importance of creating alliances, advocating for balanced regulations, and participating in industry surveys to shape the future of STRs. Hosts should consider joining local alliances and participating in surveys to have their voices heard and stay informed about industry developments.
Key Insights
- •Creating alliances and advocating for balanced regulations is crucial for the short-term rental industry.
- •Education and research are essential to inform policy decisions and correct misconceptions about the industry.
Action Items
- ✓Participate in the State of the Short-Term Rental Industry Survey to contribute to shaping the future of the industry.Effort: lowImpact: medium
- ✓Get involved with local alliances to gain education, networking, and advocacy support.Effort: mediumImpact: medium
Tools & Resources
- →State of the Short-Term Rental Industry Survey: The State of the Short-Term Rental Industry Survey
More from Regulations & Compliance
Carson City, Nevada, is refining its short-term rental regulations. City supervisors are currently reviewing and modifying the local ordinance during a retreat. This review aims to address operational aspects, potentially impacting local hosts through new or revised rules, emphasizing compliance.
A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
Curated by Learn STR by GoStudioM