News
Stay updated with the latest STR industry news and regulations
A short-term rental case in New Orleans is likely to be sent back to a lower court by the Fifth Circuit. This could have implications for existing or future STR regulations in the city and potentially set a precedent. Hosts should stay informed about the legal outcomes as they may impact their ability to operate.
A Kansas City area city is rolling back short-term rental rules in anticipation of the World Cup. Hosts should monitor local regulations and stay informed about temporary changes that might affect their ability to host during large events.
Kansas City residents can now obtain a $50 permit to host visitors during the World Cup. This is relevant for hosts in Kansas City who plan to rent their properties during the event. Hosts should apply for the permit to ensure compliance.
This article discusses potential tightening of short-term rental rules in Ship Bottom. Hosts in the area should monitor local news and government announcements for any changes to regulations. Stay informed to avoid non-compliance.
This article highlights three U.S. markets (San Antonio, Tampa, and Atlanta) with potential for real estate investment, particularly in new construction, due to favorable conditions such as stable pricing and rental demand. Hosts should consider these markets if looking for new investment opportunities, especially leveraging platforms like Lennar's Investor Marketplace to streamline the process.
This article from BiggerPockets emphasizes the importance of long-term real estate investment, highlighting the value of patience and strategic planning in building wealth through real estate. Hosts should consider adopting a long-term investment mindset, focusing on property appreciation and principal paydown, rather than short-term trades.
This article highlights affordable housing markets, many of which are experiencing significant price appreciation, potentially offering strong investment opportunities for STR hosts. While interest rates are not expected to change much, investors with cash may be able to cash flow rentals, even as overall appreciation might be less than in post-pandemic years. Focus on buying well and playing the long game.
This article profiles Mainstay Luxury Estates, a company that manages luxury vacation rentals. It highlights their use of OwnerRez for bookings, guest communication, and integrations, emphasizing the benefits of a streamlined system.
New rules in National City are being implemented to prevent crime, which could lead to a rush for vacation rental permits. Hosts should be aware of these new regulations and consider applying for permits promptly to avoid potential issues.
This article discusses the current state of the short-term rental market and offers strategies for finding profitable properties. Experts share that STRs are still profitable, and rookies can gain an advantage by focusing on smaller markets and using data-driven tools like AirDNA to find properties that meet the 20% rule for revenue generation.
This BiggerPockets podcast episode features a landlord who built a portfolio of 50+ properties specializing in small multifamily units (duplexes and triplexes). He shares his "acquire, stabilize, optimize" formula, emphasizing the importance of stabilizing properties immediately after acquisition and refining the buy box. He focuses on increasing cash flow per unit and self-managing a portfolio of 150+ units.
This article from The Short Term Shop discusses the importance of choosing the right realtor when investing in short-term rentals. It highlights the benefits of working with agents who specialize in STRs, have local market expertise, and are investors themselves, offering self-management training. Hosts should consider using a realtor with STR focus for finding the right property and managing it successfully.
This article discusses the weigh-in from neighbors and property owners regarding potential short-term rental rules. Hosts should pay attention to their local regulations as community input often influences the development and enforcement of STR policies.
The Governor of Bali is planning to ban Airbnb-style rentals. This potential ban could significantly impact hosts operating in Bali, requiring them to adapt to new regulations or face cessation of operations.
The town of Riverhead is updating its housing code to strengthen short-term rental restrictions. Hosts in Riverhead should be aware of these changes and ensure their rentals comply with the updated regulations. Further details about the specific changes are available in the linked article.
Beaumont has approved new rules and a hotel tax for short-term rentals. Hosts in Beaumont should familiarize themselves with these new regulations to ensure compliance.
The Green Bay City Council is reviewing proposed changes to short-term rental regulations. Hosts in Green Bay should monitor the situation, as changes could impact their ability to operate or require adjustments to their listings.
The town of Encampment has established a temporary ban on short-term rentals. Hosts in or near Encampment should be aware of this new regulation to avoid penalties and ensure compliance.
Green Bay STR owners are seeing relief as a proposed rule change is sent back to city staff for revision. This suggests potential changes in local regulations, impacting how hosts manage their properties. The review process is likely driven by host feedback or concerns about the initial proposal's impact.
This article discusses the author's decision to never sell their Airbnb stock, indicating a positive outlook on the company's future. The article implicitly suggests confidence in the STR market, which is significant for hosts. No specific actionable information or market data is presented.