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Updated almost 3 years ago on . Most recent reply
Buying a Triplex in Raleigh, NC . Can I rent all units on Airbnb
I'm thinking of buying a triplex in Raleigh to Airbnb the units but I came across the regulations website and I'm seeing this statement there:
1. For any multi-unit living use, no more than 25 percent, or two dwelling units, whichever is greater, may be used for short-term rental in any single building.
Does this mean that I won't be able to rent any of the units out as a short term rental since 1 unit in the triplex is already 33% of the units? Does anyone have experience with these laws in Raleigh?
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Quote from @Romeo Alcid:
I'm thinking of buying a triplex in Raleigh to Airbnb the units but I came across the regulations website and I'm seeing this statement there:
1. For any multi-unit living use, no more than 25 percent, or two dwelling units, whichever is greater, may be used for short-term rental in any single building.
Does this mean that I won't be able to rent any of the units out as a short term rental since 1 unit in the triplex is already 33% of the units? Does anyone have experience with these laws in Raleigh?
Romeo - based upon that definition you could have 2 of your 3 units. "whichever is greater" refers to it can either be 25% (i.e 25% of a 12 unit would be 3 units) or two dwelling units.