Short-term rental ordinances have become more popular as vacation rentals fill up regularly residential streets. These vacation rental regulations can either make your passive income property profitable or outlaw you from operating in the first place. This is why Avery Carl from The Short Term Shop, says that looking at your short-term rental regulations should be the FIRST thing you do before you buy property. If you fail to do so, you may cut your cash flow in half (or more) simply by being in the wrong part of town.
So how do you find these short-term rental rules? Should you take advice from other local investors or go directly to the source—the local government. Avery shares a few ways that you can get the exact information you need, no matter which state, city, or country you’re investing in. These five-minute steps can save you hundreds of thousands in the future. So if you’re looking to make some passive cash flow through short-term rentals, listen up!
What kind of reconnaissance do you do before investing in a short-term rental market? Do you have any top resources you’d recommend? Let us know in the comments below!
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Airbnb, VRBO, & Other Short-Term Rentals—Questions to Ask to Navigate Cities &
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@theshorttermshop or 00:00 Rinding Short-Term Rental Friendly Markets
02:02 2 Cities, 2 Different Answers
04:29 What to Ask The City
05:10 Before You Buy - Check Your HOA
Recommended Reading >> bit.ly/32kRpzw
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