News
Stay updated with the latest STR industry news and regulations
San Diego vacation home owners could face a new tax, potentially exceeding $12,000 annually. This tax could significantly impact the profitability of STRs in San Diego. Hosts should stay informed about local regulations and assess the financial implications for their business.
A tax on short-term rentals, like those on Airbnb, is once again under discussion in Washington State. Hosts should monitor these discussions as any changes to tax regulations will directly impact their profitability and require adjustments to their financial planning.
A bill to tax short-term rentals is returning in Washington state, facing opposition from Airbnb. This news highlights the ongoing regulatory landscape affecting STR hosts. Hosts should stay informed about potential tax implications and any associated local regulations.
Clackamas County is holding surveys and town halls to gather public input on proposed short-term rental regulations. This signifies a proactive approach to address the rapidly evolving STR landscape, seeking community feedback to shape future rules. Hosts in Clackamas County should pay close attention to the discussions and participate in the feedback process.
Eviction filings are up in several states, potentially impacting landlords. Hosts should be aware of rising eviction rates in areas like Nashville, TN and Austin, TX, and understand local tenant protection laws to navigate potential issues.
This article discusses strategies for saving money and increasing investment potential, which can indirectly benefit STR hosts by freeing up capital for property improvements and marketing. Hosts can apply the principles of cost reduction and smart resource management to improve profitability. Consider automating savings and exploring ways to reduce personal expenses to reinvest in your STR business.
Property owners in Dearborn are suing the city over short-term rental restrictions. Hosts in Dearborn, or those considering the area, should monitor the legal proceedings and stay informed about potential changes to local regulations.
Condo prices have declined significantly, presenting potential cash flow opportunities for investors. Hosts should analyze condos based on rent generation, meticulously assess HOA profiles, and target areas with favorable insurance costs and high rental demand to capitalize on this market shift.
This article discusses the Trump administration's proposed housing policies, including potential impacts of 50-year mortgages and other demand-side solutions. Hosts should be aware of these potential changes as they may affect housing market dynamics, impacting rental income and property values.
A Sandbanks developer is making a final appeal against a ban on converting a garage into a £1 million Airbnb. This highlights ongoing regulatory challenges faced by STR hosts, particularly in high-value real estate markets. The case underscores the importance of understanding local regulations before investing in STR properties and the potential risks of facing bans.
Johnson County is proposing new short-term rental rules, signaling potential changes for hosts in the area. This likely involves new regulations that hosts will need to understand and implement to remain compliant. Further details on the specific proposed rules are expected.
This article claims to reveal 7 secrets that led to one Airbnb host making $30,000 annually. The piece suggests focusing on guest experience and smart pricing strategies. Implementing these strategies is critical for maximizing revenue. Further investigation is needed to determine the validity of the claims.
Discussions regarding a tax on short-term rentals, similar to those listed on Airbnb, are ongoing in Washington State. This indicates potential changes to STR regulations in the area. Hosts should stay informed about possible new financial obligations and how they might affect profitability.
NerdWallet's comparison of Airbnb and Vrbo offers insights for travelers, providing a guide to the platforms' strengths and weaknesses. The article examines factors like pricing, guest experience, and host communication. Hosts can better understand what travelers prioritize when choosing a platform, allowing for optimization in their own listings and hosting strategies.
The Asia Pacific vacation rental market is projected to reach $35.0 billion. This indicates significant growth and potential opportunities for short-term rental hosts in the region. Understanding this market expansion can help hosts make informed investment and operational decisions.
This article shares the story of a real estate agent who transitioned from a high-stress, high-income career in the Bay Area to building a portfolio of STRs. The host discusses the burnout she experienced and the steps she took to create more time and financial freedom. This story serves as a reminder to prioritize your well-being and proactively seek changes if your current situation is not sustainable.
This BiggerPockets article features an interview with Dion McNeeley, a rental property investor who achieved financial freedom with just eight rental properties. He outlines his "boring" but effective strategy for real estate investing and provides insights for those looking to build wealth through long-term rentals.
This article discusses common pricing mistakes STR hosts make and how they impact revenue, emphasizing the importance of understanding booking windows and demand patterns. Hosts should review their pricing strategies, paying attention to minimum price settings, booking windows, and seasonal profiles to maximize revenue.
A short-term rental proposal in Harrison Township, Michigan, is causing tension among residents. The article highlights community concerns about the impact of STRs. This situation may lead to changes in local regulations, impacting hosts in the area. Local hosts should stay informed.
Lake.com has partnered with OwnerRez to streamline vacation rental management for waterfront hosts, offering a new solution for simplifying operations. This collaboration aims to provide specialized tools for hosts managing properties in coastal and lakeside locations. This integration signifies a push toward more specialized and efficient property management within the vacation rental landscape.