🌆 Understanding City Regulation
- ☐ Diligence (City Regulation)
- ☐ find out the cities regulation on airbnb in your area
- NOTE 1: regulations, permits, business licenses are actually a good thing
- NOTE 2: cities without the need for permits/licenses and TOT (transient occupancy tax) are riskier
- NOTE 3: Avoid cities with restrictions including: primary residences, arbitrage restrictions, and minimums of 30 days or more
DUE YOUR DUE DILIGENCE
- TRY TO FIND INFORMAITON ON OFFICIAL GOVERNMENT SITE
- If can’t find on airbnb
- 1. Google: “(your city) + short term rental ordinances”
2. Look for defined rules or articles
- Ideal source: city .gov website
- 3. Call the city
- Ask: “What are your rules for short term rentals”
- Follow up question: “Are there any new rules being discussed?”