Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

107
Posts
27
Votes
Jeremy Clarke
  • Investor
  • Denver CO, USA
27
Votes |
107
Posts

Air B&B in San Diego

Jeremy Clarke
  • Investor
  • Denver CO, USA
Posted
Good morning everyone, I am a Realtor here in Fort Collins, CO considering buying property in sunny San Diego. Most of my immediate family is out there. I'd like to have a place to stay when I go to visit them as their downtown apartment is not huge and could be a nice investment for me. My thought is, I could go out for a month or so at a time and when I'm not using the property air bnb it. I am looking for information on that. Everything from laws in San Diego for or against, personal experience, management companies who specialize in this, carrying cost (ball park is fine). I would be looking in or around the downtown area. Nothing huge. An entry level condo / studio would be great. Thanks in advance! Jeremy

Most Popular Reply

User Stats

1,089
Posts
1,158
Votes
Justin R.
  • Developer
  • San Diego, CA
1,158
Votes |
1,089
Posts
Justin R.
  • Developer
  • San Diego, CA
Replied

@Jeremy Clarke I'll just chime in on the current "by the book" situation...

Current City Attorney ruling here is that short-term rentals (ala AirBnB) are prohibited based on municipal code.  This ruling is not being enforced and is waiting on City Council to clarify.  There's a permanent proposal that was unveiled last week and a public meeting next Wednesday for community feedback.  In short, proposed regulations are:

- To AirBnB, you have to apply for a STOP permit and pay transient occupancy taxes.

- If it's your primary residence, you can AirBnB extra rooms all you want, so long as you're on site.

- If it's your primary residence, you can AirBnB the whole property for no more than 90 days per year.

- If it's not your primary residence (an investment property or second home), and it's in a residentially zoned area (including RS, RT, RX, and RM), you can't AirBnB at all.

- If you're AirBnb'ing something, you have to post a scarlet letter sign outside listing name and contact info for who should be called if there's a nuisance on the property.  That person has to respond within 1 hour to any complaints.

In short, it prevents investors from buying units and operating AirBnB as a business.  This is PROPOSED and still open for public comment - I'll be attending the community discussion next week (you have to RSVP if you want to go) and it'll be interesting to see how it plays out.

Now, whether people will feel compelled to follow any future law is a different story...

Here's the draft ordinance: https://www.sandiego.gov/sites/default/files/170821-sto-draft-memo.pdf

Loading replies...