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
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