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Updated over 1 year ago on . Most recent reply

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Travis Andres
  • Investor
  • Los Angeles
46
Votes |
102
Posts

Dallas/Fort Worth STR ban…

Travis Andres
  • Investor
  • Los Angeles
Posted

I know I'm late to the dance, but just found out about the STR ban in the DFW area, but I still see a TON of listings on AirBnB…

Is anyone on here still doing STR in those areas? If so, is it just a gamble in hoping you don't get caught? Or are they not enforcing it?

Was about to pull the trigger on starting an STR there but now looks like we'll be settling for LTR with Pennie's of cash flow.

  • Travis Andres
  • Most Popular Reply

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    Replied

    Hi Travis ... from what I've seen in situations like this, once an ordinance is approved to phase out STR's it will go into effect on a date chosen by the city. This gives the existing STR's and the city's code enforcement time to prepare.

    There will be those who try to cheat the system and operate illegally but it's usually a matter of time before they are fined. These operators won't be able to list on the OTA's either.

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