Use this trick when looking to purchase properties in a new city #shorts

Mr. FourToEightOct 30, 20230m 38s4.3K viewsScore 80
Regulations & Compliance
beginner
Market Research
Local Regulations
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Summary

AI-generated

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.

Key insights

  • Local real estate agents can provide information about specific areas where short-term rentals are restricted or freely allowed.

Mistakes to avoid

  • Relying solely on online research for understanding local STR regulations may be insufficient, as local agents can provide more nuanced and up-to-date information.

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial