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Updated almost 2 years ago,

User Stats

5
Posts
2
Votes
David Mohrmann
  • 3117 Whiting Ave, Charlotte NC 28205
2
Votes |
5
Posts

Private Membership Association - STR

David Mohrmann
  • 3117 Whiting Ave, Charlotte NC 28205
Posted

I have a friend who has a str in an area where it is prohibited, but he is one of those guys who shoots first and asks questions later. 

The city has cited him with a cease and desist for the short-term usage of this property. He was presented the idea by another friend of making a private membership association where the LLC that owns the STR leases it to the membership association for 5 years, and then anyone (guests) who has the key to this association can access any one of the properties (he has 3 in total).

- this is one of those "I'm not renting the house, I'm renting the parking space, and the house just is accessible for anyone renting the parking space" mentalities. 

Has anyone accomplished something along these lines? 

The property is in Horry County, SC. 

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