Use this trick when looking to purchase properties in a new city #shorts
Summary
Before purchasing an STR in a new city, call five local real estate agents, identify yourself as an out-of-state investor looking to buy or rent Airbnbs and ask them about the city's policies on short-term rentals. Most may not know the answer, but one should be able to provide clarity, such as specific streets where STRs are restricted, or areas where they're allowed without restriction.
More from Regulations & Compliance
The Town of Montgomery is finalizing a new short-term rental law. Details are pending, but the new regulations will impact local hosts. Hosts should prepare for potential permit requirements, and ensure compliance to avoid penalties. Finalizing new regulations signifies an increasing trend of local governments regulating STRs.
A bill concerning Arizona's short-term rental market is likely dead after missing a crucial Senate hearing. This indicates potential legislative stagnation on the issue. Hosts should monitor any future developments from local authorities. Failure to pass the bill could impact future regulations for STRs within Arizona.
A bill concerning Arizona short-term rentals appears to have failed, according to a recent report. This means potential new regulations or adjustments to existing laws may not move forward at this time. Hosts should stay informed about the status of local legislation that could impact their operations.
Curated by Learn STR by GoStudioM