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Short -term rental in Mesa, AZ
I am from Wisconsin, and looking to move into the Mesa or Scottsdale area. I have an opportunity to purchase a property for a short term rental in the area. I would love some insight from anyone with experience in that area. I have a desire for moving South so I figured I could move there to manage the rental, while also working a W2 and seeking more properties. Would love to connect with anyone in the area as well!
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Hi, @Garrett Jennings.
I just helped a client buy a 5-bedroom home and launch his STR in Mesa. I have several clients who operate STRs in Scottsdale.
Both cities recently instituted licensing requirements for STR properties. You can find the details online. Also, I can send you a copy of a presentation on Scottsdale's rules and regs given last week by the Assistant City Manager of Scottsdale, the man in charge of regulating them.
It ties all the requirements up in one neat presentation and has helpful links. I got it after attending his talk and I'm happy to share it with anyone who wants to receive it.
There is a very helpful Facebook group for Arizona STR owners. Here's a link: https://www.facebook.com/group...
Keys to a successful Metro Phoenix STR:
* Having a pool, fenced if possible (if you are going for more of a corporate or business audience might not be as crucial)
* 3-plus bedrooms
* Non-HOA neighborhood. (Most HOAs have a minimum 30-day rental policy. Some have a 3- or 6-month minimum.)
* Near--or a reasonable Uber away from--attractions and events.
Mesa draws a lot of larger families for sporting events and tournaments and to be near relatives. If you want to advertise "close to Scottsdale events," look at north Mesa near the upper Loop 202.
Scottsdale has a limit of 6 adults (plus their dependent children) per home so they will be eyeing listings that advertise "Sleeps 20!" Might want to avoid that.
If you need more info or help with property searches, please reach out.
Melanie
-
Real Estate Agent Arizona (#558724000)
- Realty ONE Group
- 480-241-0241
- https://melaniejohnston.com
- [email protected]
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