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- Just Permitted 56 Acres to make $50,000/month
Just Permitted 56 Acres to make $50,000/month
Summary
This video discusses land hacking, using the story of one couple who purchased 56 acres to transform into a multi-revenue stream business by using short-term rental income and developing the property into a wedding venue. It emphasizes considering real estate as a business and getting high returns by focusing on sustainable cash flows and creating equity, while always considering zoning and local regulations.
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



