AirBnB In St Petersburg Fl

[Jeff Boyd]

Hey BP! Has anyone had any issues with the city of St Petersburg in regards to AirBnB or short term rentals with their property? I have a really nice property I want to keep for a bit and rent out but I have heard the city shuts down those short term rentals... I also do not live in the area so any recommendations on a short term rental management company would be great!

[David Klefeker]

Hey All, 

I know this thread is over a year old, but I just wanted to add that we are managing over 40 short term/bnb's across Pinellas county and we have been able to tailer our operations for each municipality as each one is a bit different in how strict or lax they enforce the 30 day rule. We have also run our numbers and set ourselves up in such a way to be able to turn the short terms into long terms if something where to change over night.....

Also its very important to run stress tests of your operations/numbers so you can be prepared for the event of strict code enforcement or even a hurricane, which unlike long term rentals, short terms are very much effected by. 

If anyone is looking for a way to break into Airbnb here in the Tampa Bay Area or simply have questions on the viability of a certain area for Airbnb I would be more than happy to discuss that with anyone. 

As interest rates and cap rates get closer and closer to each other, we have to find ways to find value, and this is a great tool to do just that. 

I believe the more "professionals" we can have in this space the better because that will make it that much easier to have municipalities approve the continued use and growth of Airbnb.