How to manage regulatory STR limitations (Ep564)
Summary
Garrett Ham of Weekender Management, who manages around 50 properties in Arkansas and is also a lawyer, discusses the importance of navigating regulations and limitations in the short-term rental industry. He shares his accidental entry into the STR space, the significance of relationship building with neighbors, and the value of hiring experienced help to navigate regulations and manage the business effectively.
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.
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