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Updated almost 3 years ago on . Most recent reply

User Stats

42
Posts
31
Votes
Eric Garcia
  • New to Real Estate
  • Auburn, GA
31
Votes |
42
Posts

Small Multifamily and Short-Term Rentals

Eric Garcia
  • New to Real Estate
  • Auburn, GA
Posted

Have any of you had success with 2-4 unit properties and short-term rentals? My objective is cash flow and combining a small multifamily home with Airbnb/STR looks attractive, at least on paper.

Most Popular Reply

User Stats

185
Posts
199
Votes
Trish Mccoy
  • Real Estate Agent
  • Grass Valley, CA
199
Votes |
185
Posts
Trish Mccoy
  • Real Estate Agent
  • Grass Valley, CA
Replied

Be careful and be sure to check with the local town on their ordinances.   I was going to buy a four unit building and do the same thing.  I learned that I could only short term rent One out of the Four units.   All the other ones had to be long term because the town doesn't want to limit housing for longer term tenants.

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