MULTI-FAMILY Property as an AIRBNB Investment? #airbnbinvesting #airbnb #shorts
Summary
James Svetec advises against mixing long-term and short-term rentals in the same multi-family building, such as a duplex, triplex, or quadplex. He warns that long-term tenants will likely resent the transient nature of short-term guests, making it difficult to maintain positive relationships within the property.
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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