Las Vegas investing for STR

[Brandon Leffler]

Looking to buy a STR for Airbnb in Las Vegas

Is anyone in that market?

[Neil Henderson]

We ran a very successful short term rental house hack in Las Vegas for 6 years until the regulations finally shut us down. 

It's not the most short term rental friendly city. 

The Las Vegas valley is made up of the City of Las Vegas, City of North Las Vegas, City of Henderson, and Unincorporated Clark County (most of the Las Vegas Valley). 

• Unincorporated Clark County - It is illegal under Clark County Code 30.44.010(b)(7)(C) to rent residential property for fewer than 31 days in unincorporated Clark County. If you have evidence a property is operating a short-term rental in violation of the Clark County Code, please complete and submit this form and include additional supporting documentation. Discussions are in the works to legalize it and regulate it, but I have my doubts it will ever happen.
• City of Las Vegas - Short-Term Residential Rentals are limited to owner-occupied homes that are three bedrooms or less, are at least 660 feet from another short-term rental, and must comply with licensing, noise and parking regulations. All conditions must be met, no waivers or deviations are allowed.
• City of Henderson - Any property owner intending to operate a short-term vacation rental within the City of Henderson must register with the City of Henderson on an annual basis and comply with the following City of Henderson STVR regulations.
• City of North Las Vegas - The City of North Las Vegas adopted Ordinance 3040 (Short-term Rentals) on October 21, 2020. The ordinance will allow for the operation of a short-term rental with the approval of a Conditional Use Permit (CUP). The applicant must receive an approved Conditional Use Permit (CUP) prior to applying for a business license. During the first sixty (60) days (October 21, 2020 to December 20, 2020), the applicant must provide proof of ownership of the residence for at least one (1) year prior to the adoption of the ordinance.