Short-Term Rentals Are Wreaking Havoc on Homeowners - Realtor.com
Summary
This article discusses the negative impacts short-term rentals are having on homeowners. Hosts should be aware of potential community and neighbor concerns that could arise from operating an STR.
Key Insights
- •Short-term rentals are causing havoc on homeowners.
Action Items
- ✓Hosts should consider potential neighborhood impacts and proactively address any concerns from homeowners.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to address homeowner concerns could lead to fines or permit revocation.
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