How Do You Stay Up To Date With STR Laws?

How Do You Stay Up To Date With STR Laws?

New to Real Estate · St Catharines, Canada · Member since 2022 · 94 posts · 26 votes

STR laws always seem to be evolving and changing, it seems like a full-time job just to stay up to date with the laws.

What systems, tactics, habits, etc have you found work well to keep up with the legal landscape of STRs in your area? 

Do you work with a law firm? Do you have a VA constantly scouring legal sites? Do you use Google Alerts?

I'm curious to know what you do! 

Thank you 

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Michael BaumPro Member
Olympia, WA · Member since 2016 · 8k+ posts · 7k+ votes
3y

Hey @Zackarias Aitchison, read and call. Read the minutes from city and county council meetings to see what was covered. Call them up and see how the wind is blowing.

Some areas are always under attack, some welcome STRs. Some have common sense regs and are solid, some are on their way to banning them.

For the most part, the bigger the city, the bigger the problems. Staying in vacation areas with strong visitor counts are your best bet.

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  • Michael BaumPro Member
    Olympia, WA · Member since 2016 · 8k+ posts · 7k+ votes
    3y

    Hey @Zackarias Aitchison, read and call. Read the minutes from city and county council meetings to see what was covered. Call them up and see how the wind is blowing.

    Some areas are always under attack, some welcome STRs. Some have common sense regs and are solid, some are on their way to banning them.

    For the most part, the bigger the city, the bigger the problems. Staying in vacation areas with strong visitor counts are your best bet.

  • Investor · Member since 2022 · 1k+ posts · 754 votes
    3y

    We stick to true vacation markets like The Smokies where this isn’t a issue

  • John UnderwoodPro Member
    Investor · Greer, SC · Member since 2014 · 13k+ posts · 17k+ votes
    3y

    I only buy vacation rentals in STR friendly areas so that I don't have to worry about the rules changing on me.

  • Investor · Austin, TX · Member since 2021 · 9k+ posts · 5k+ votes
    3y

    Call the county that makes code changes and new laws for STR, get close to the council member or employee who handles this. Go to city hearings about this and actively be on top of voting changes.

  • Lender · Austin, TX · Member since 2022 · 223 posts · 244 votes
    3y
    Quote from @Eliott Elias:

    Call the county that makes code changes and new laws for STR, get close to the council member or employee who handles this. Go to city hearings about this and actively be on top of voting changes.


    This - plus find locations that are generally STR Friendly vs those that are not.

  • Real Estate Agent · Smoky Mountains, TN · Member since 2022 · 1k+ posts · 984 votes
    3y

    STR Insights is working to be the tool that compiles this data.

  • Member since 2021 · 15 posts · 7 votes
    3y

    I have to agree with a number of these responses.  Call your local municipality to see what there ordinances are. Of course that info is as of today, things can change in a year.  I prefer to stick to areas that have an economy built on short term rentals.  That way the ordinances as less likely to change because it would take away a lot of revenue that is needed in that area. 

  • Andrew SteffensBusiness Member
    Tampa, FL · Member since 2022 · 3k+ posts · 3k+ votes
    3y

    All great info above - There are also typically STR owner groups on Facebook where people talk constantly about these things.

  • USA · Member since 2022 · 879 posts · 109 votes
    3y
    1. One of the most effective ways I've found to stay up to date with short-term rental laws is to work with a law firm or attorney who specializes in this area of real estate. They can provide guidance and advice on the latest changes to the laws and help ensure that my business is in compliance.
    2. Another tactic that has worked well for me is to use Google Alerts to stay informed of any updates or changes to the laws in my area. This helps me stay on top of the latest developments and take any necessary actions to ensure compliance.
    3. In addition to working with a law firm and using Google Alerts, I also make it a habit to regularly review the local ordinances and regulations that apply to short-term rentals in my area. This helps me stay up to date on any changes that might impact my business.
    4. Finally, I find it helpful to network with other short-term rental owners and operators in my area to share information and best practices. By staying connected with others in the industry, I can stay informed about the latest legal developments and learn from the experiences of others.
  • Residential Real Estate Broker · Sedona, AZ · Member since 2017 · 754 posts · 504 votes
    3y
    Quote from @Zackarias Aitchison:

    STR laws always seem to be evolving and changing, it seems like a full-time job just to stay up to date with the laws.

    What systems, tactics, habits, etc have you found work well to keep up with the legal landscape of STRs in your area? 

    Do you work with a law firm? Do you have a VA constantly scouring legal sites? Do you use Google Alerts?

    I'm curious to know what you do! 

    Thank you 

    It's too difficult to stay on top of STR law changes in every state. But it's easy to stay on top of law changes in 1 or 2 states. Pick a lane and get to know it through your agent and resources they share with you.
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