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Updated almost 3 years ago, 01/27/2022
Convincing HOA to allow STR's
I have a downtown Salt Lake City condo that is in a small HOA. There are two buildings with 6 units in each, for a total of 12 units. So it is a small community. There is an HOA meeting coming up and I am going to try and convince the other owners that it would be in their best interest to allow STR's. Two years ago someone had listed their unit on Airbnb and they shut it down. We have some new owners and so hopefully I can sway the public opinion. Has anyone ever crossed this bridge? This walking distance to Temple Square and downtown, so the demand would be fantastic and would double my returns. How could I sweeten the pot for the owner occupiers to go along? Any ideas?