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Updated about 3 years ago,

User Stats

66
Posts
68
Votes
Jorge Garifuna
  • Investor
  • Reseda, CA
68
Votes |
66
Posts

Other munies in STL besides Berkeley applying 30% rental limit?

Jorge Garifuna
  • Investor
  • Reseda, CA
Posted

Hello all,

I went to Berkeley City Hall today to apply for an occupancy inspection for one of my rental properties located in Berkeley, MO.

The lady at the finance office gave me a copy of ordinance number 4320, bill number 4456(see links below), which became effective January 2017. In so many words, it states that there is now a 30% limit on rental properties per block for districts R1, R2 and R3, if my understanding is correct.

As an investor, this has me very concerned.

Is anybody aware of similar ordinances(limiting rentals), put in place by other municipalities in St. Louis, MO?

Links:

https://www.google.com/url?sa=t&source=web&rct=j&u...

https://www.google.com/url?sa=t&source=web&rct=j&u...

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