Short term vs longer term rentals in Prince George's County MD
Haymarket, VA · Member since 2016 · 29 posts · 7 votes
Short term vs longer term rentals in Prince George's County MD
Most Popular Reply
Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes
3yWell non-owner occupied properties in PG county are limited to 90 days per year. So a short term rental strategy isnt really viable in PG County.
District Invest Group545 Reviews
21 Replies
- Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes3y
Well non-owner occupied properties in PG county are limited to 90 days per year. So a short term rental strategy isnt really viable in PG County.
District Invest Group545 Reviews - Haymarket, VA · Member since 2016 · 29 posts · 7 votes3y
That's not good at all. PG County is horrible!
Are there exceptions for things like traveling nurses?
- Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes3yNo. Virtually every jurisdiction in the metro area has a similar regulation. The only jurisdiction that allows short term rentals withoit a 90 or 120 day is the City of Alexandria. (Not to be confused with Alexandria Fairfax County)
Quote from @Paul Georgia:
That's not good at all. PG County is horrible!
Are there exceptions for things like traveling nurses?
District Invest Group545 Reviews - 3yMichael BaumPro MemberOlympia, WA · Member since 2016 · 8k+ posts · 7k+ votes
So @Paul Georgia, you are out of luck with a less than 30 day stay.
You said traveling nurses. That usually means 30+ day stays.
@Russell Brazil, is there a minimum days of stay beyond 30? Some places have a minimum of 90 days, some 180.
If the length of stay is 30 days minimum, you could look at doing a MTR. That is just a long term rental with a shorter lease period.
- 3yBonnie LowPro MemberLender · Asheville, NC · Member since 2016 · 1k+ posts · 1k+ votes
Sounds like in your location you may have trouble keeping it fully occupied unless you can tap into just the right niche for both your property type/location and your regulations. Most traveling medical professionals operate on 13 week contracts so you could probably land some leases that fit your 90-day requirement. However, a 5 bedroom home isn't really the right configuration for this guest type. You might have success with rent-by-room, it's just not what most medical professionals prefer. What about working with Realtors on relocations to your area? Or corporate rentals, which tend to be longer leases. Or construction companies?
- Realtor · Baltimore, MD · Member since 2020 · 255 posts · 182 votes3y
Quote from @Paul Georgia:
That's not good at all. PG County is horrible!
Are there exceptions for things like traveling nurses?
Baltimore City has the same laws. I rent mine on a MTR basis and love it. Typical nursing contract is 13 weeks so 90 day requirement is fine
- Haymarket, VA · Member since 2016 · 29 posts · 7 votes2y
Thanks to everyone for the feedback.
- Rental Property Investor · Silver Spring, MD · Member since 2020 · 15 posts · 3 votes2y
Thanks to everyone who replied to this post I had some similar questions for the DMV metro area and the discussion was very helpful to me.
- Rental Property Investor · Silver Spring, MD · Member since 2020 · 15 posts · 3 votes2y
Quote from @Sara Frank:
Quote from @Paul Georgia:
That's not good at all. PG County is horrible!
Are there exceptions for things like traveling nurses?
Baltimore City has the same laws. I rent mine on a MTR basis and love it. Typical nursing contract is 13 weeks so 90 day requirement is fine
Hi Sara and Bonnie. Quick question. I am in process of performing due diligence to set up a similar MTR business model in MD near hospitals and traveling nurses, doctors, caregivers will be my ideal customer. So that I understand correctly, as long as the bookings are greater than 30 days the STR limitations and permitting etc. do not apply because a booking of longer than 30 days is no longer an STR do you agree?
- 2yKyle DeutschmannPro MemberInvestor · Washington, DC · Member since 2017 · 428 posts · 205 votes
Quote from @Phillip J Cole:
Quote from @Sara Frank:
Quote from @Paul Georgia:
That's not good at all. PG County is horrible!
Are there exceptions for things like traveling nurses?
Baltimore City has the same laws. I rent mine on a MTR basis and love it. Typical nursing contract is 13 weeks so 90 day requirement is fine
Hi Sara and Bonnie. Quick question. I am in process of performing due diligence to set up a similar MTR business model in MD near hospitals and traveling nurses, doctors, caregivers will be my ideal customer. So that I understand correctly, as long as the bookings are greater than 30 days the STR limitations and permitting etc. do not apply because a booking of longer than 30 days is no longer an STR do you agree?
"In Baltimore City, a Short-Term Rental is a rental of all or a portion of your home for periods of less than 90 nights. Both hosted (owner-occupied) and un-hosted (non-owner occupied) units must be registered and licensed.In order to obtain a rental license to rent your home as Short-Term Rental, the property must; (1) be your principal residence; (2) be deeded in your name (the name of an individual, not a company); and (3) be free of any code violations.
The Baltimore City Council passed Ordinance 19-217 (Council Bill 18-0189) establishing several requirements for Short-Term rentals, including the licensing of such units. These requirements can be found in the Baltimore City Code Article 15, Licensing and Regulation, Subtitle 48, Short-Term Residential Rentals.
All Short-Term rentals must be licensed. about Short-Term rentals and how to obtain a new Short-Term rental license."
- Rental Property Investor · Silver Spring, MD · Member since 2020 · 15 posts · 3 votes2y
Quote from @Kyle Deutschmann:
Quote from @Phillip J Cole:
Quote from @Sara Frank:
Quote from @Paul Georgia:
That's not good at all. PG County is horrible!
Are there exceptions for things like traveling nurses?
Baltimore City has the same laws. I rent mine on a MTR basis and love it. Typical nursing contract is 13 weeks so 90 day requirement is fine
Hi Sara and Bonnie. Quick question. I am in process of performing due diligence to set up a similar MTR business model in MD near hospitals and traveling nurses, doctors, caregivers will be my ideal customer. So that I understand correctly, as long as the bookings are greater than 30 days the STR limitations and permitting etc. do not apply because a booking of longer than 30 days is no longer an STR do you agree?
"In Baltimore City, a Short-Term Rental is a rental of all or a portion of your home for periods of less than 90 nights. Both hosted (owner-occupied) and un-hosted (non-owner occupied) units must be registered and licensed.In order to obtain a rental license to rent your home as Short-Term Rental, the property must; (1) be your principal residence; (2) be deeded in your name (the name of an individual, not a company); and (3) be free of any code violations.
The Baltimore City Council passed Ordinance 19-217 (Council Bill 18-0189) establishing several requirements for Short-Term rentals, including the licensing of such units. These requirements can be found in the Baltimore City Code Article 15, Licensing and Regulation, Subtitle 48, Short-Term Residential Rentals.
All Short-Term rentals must be licensed. about Short-Term rentals and how to obtain a new Short-Term rental license."
Thanks. I meant to write 90 days in my original comment not 30. Ive found this language in all of the DMV counties I have researched for STR ordinances except for Frederick County MD so far which makes it challenging to start up a Medium Term Rentals business in the DMV area but could possibly still work with 90 day or longer bookings. Are you familiar if there are any counties near the DMV that are STR or MTR friendly in terms of ordinances. I have been doing my own research county by county for all MD, DC, and VA counties I have only found 1 or 2 so far and they are pretty far out.
- Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes2y
Quote from @Phillip J Cole:
Quote from @Kyle Deutschmann:
Quote from @Phillip J Cole:
Quote from @Sara Frank:
Quote from @Paul Georgia:
That's not good at all. PG County is horrible!
Are there exceptions for things like traveling nurses?
Baltimore City has the same laws. I rent mine on a MTR basis and love it. Typical nursing contract is 13 weeks so 90 day requirement is fine
Hi Sara and Bonnie. Quick question. I am in process of performing due diligence to set up a similar MTR business model in MD near hospitals and traveling nurses, doctors, caregivers will be my ideal customer. So that I understand correctly, as long as the bookings are greater than 30 days the STR limitations and permitting etc. do not apply because a booking of longer than 30 days is no longer an STR do you agree?
"In Baltimore City, a Short-Term Rental is a rental of all or a portion of your home for periods of less than 90 nights. Both hosted (owner-occupied) and un-hosted (non-owner occupied) units must be registered and licensed.In order to obtain a rental license to rent your home as Short-Term Rental, the property must; (1) be your principal residence; (2) be deeded in your name (the name of an individual, not a company); and (3) be free of any code violations.
The Baltimore City Council passed Ordinance 19-217 (Council Bill 18-0189) establishing several requirements for Short-Term rentals, including the licensing of such units. These requirements can be found in the Baltimore City Code Article 15, Licensing and Regulation, Subtitle 48, Short-Term Residential Rentals.
All Short-Term rentals must be licensed. about Short-Term rentals and how to obtain a new Short-Term rental license."
Thanks. I meant to write 90 days in my original comment not 30. Ive found this language in all of the DMV counties I have researched for STR ordinances except for Frederick County MD so far which makes it challenging to start up a Medium Term Rentals business in the DMV area but could possibly still work with 90 day or longer bookings. Are you familiar if there are any counties near the DMV that are STR or MTR friendly in terms of ordinances. I have been doing my own research county by county for all MD, DC, and VA counties I have only found 1 or 2 so far and they are pretty far out.
City of Alexandria, not to be confused with Alexandria Fairfax County, allows short term rentals.
District Invest Group545 Reviews - Rental Property Investor · Silver Spring, MD · Member since 2020 · 15 posts · 3 votes2y
Quote from @Russell Brazil:
Quote from @Phillip J Cole:
Quote from @Kyle Deutschmann:
Quote from @Phillip J Cole:
Quote from @Sara Frank:
Quote from @Paul Georgia:
That's not good at all. PG County is horrible!
Are there exceptions for things like traveling nurses?
Baltimore City has the same laws. I rent mine on a MTR basis and love it. Typical nursing contract is 13 weeks so 90 day requirement is fine
Hi Sara and Bonnie. Quick question. I am in process of performing due diligence to set up a similar MTR business model in MD near hospitals and traveling nurses, doctors, caregivers will be my ideal customer. So that I understand correctly, as long as the bookings are greater than 30 days the STR limitations and permitting etc. do not apply because a booking of longer than 30 days is no longer an STR do you agree?
"In Baltimore City, a Short-Term Rental is a rental of all or a portion of your home for periods of less than 90 nights. Both hosted (owner-occupied) and un-hosted (non-owner occupied) units must be registered and licensed.In order to obtain a rental license to rent your home as Short-Term Rental, the property must; (1) be your principal residence; (2) be deeded in your name (the name of an individual, not a company); and (3) be free of any code violations.
The Baltimore City Council passed Ordinance 19-217 (Council Bill 18-0189) establishing several requirements for Short-Term rentals, including the licensing of such units. These requirements can be found in the Baltimore City Code Article 15, Licensing and Regulation, Subtitle 48, Short-Term Residential Rentals.
All Short-Term rentals must be licensed. about Short-Term rentals and how to obtain a new Short-Term rental license."
Thanks. I meant to write 90 days in my original comment not 30. Ive found this language in all of the DMV counties I have researched for STR ordinances except for Frederick County MD so far which makes it challenging to start up a Medium Term Rentals business in the DMV area but could possibly still work with 90 day or longer bookings. Are you familiar if there are any counties near the DMV that are STR or MTR friendly in terms of ordinances. I have been doing my own research county by county for all MD, DC, and VA counties I have only found 1 or 2 so far and they are pretty far out.
City of Alexandria, not to be confused with Alexandria Fairfax County, allows short term rentals.
Thank you Russell - 2yKyle DeutschmannPro MemberInvestor · Washington, DC · Member since 2017 · 428 posts · 205 votes
Quote from @Phillip J Cole:
Quote from @Kyle Deutschmann:
Quote from @Phillip J Cole:
Quote from @Sara Frank:
Quote from @Paul Georgia:
That's not good at all. PG County is horrible!
Are there exceptions for things like traveling nurses?
Baltimore City has the same laws. I rent mine on a MTR basis and love it. Typical nursing contract is 13 weeks so 90 day requirement is fine
Hi Sara and Bonnie. Quick question. I am in process of performing due diligence to set up a similar MTR business model in MD near hospitals and traveling nurses, doctors, caregivers will be my ideal customer. So that I understand correctly, as long as the bookings are greater than 30 days the STR limitations and permitting etc. do not apply because a booking of longer than 30 days is no longer an STR do you agree?
"In Baltimore City, a Short-Term Rental is a rental of all or a portion of your home for periods of less than 90 nights. Both hosted (owner-occupied) and un-hosted (non-owner occupied) units must be registered and licensed.In order to obtain a rental license to rent your home as Short-Term Rental, the property must; (1) be your principal residence; (2) be deeded in your name (the name of an individual, not a company); and (3) be free of any code violations.
The Baltimore City Council passed Ordinance 19-217 (Council Bill 18-0189) establishing several requirements for Short-Term rentals, including the licensing of such units. These requirements can be found in the Baltimore City Code Article 15, Licensing and Regulation, Subtitle 48, Short-Term Residential Rentals.
All Short-Term rentals must be licensed. about Short-Term rentals and how to obtain a new Short-Term rental license."
Thanks. I meant to write 90 days in my original comment not 30. Ive found this language in all of the DMV counties I have researched for STR ordinances except for Frederick County MD so far which makes it challenging to start up a Medium Term Rentals business in the DMV area but could possibly still work with 90 day or longer bookings. Are you familiar if there are any counties near the DMV that are STR or MTR friendly in terms of ordinances. I have been doing my own research county by county for all MD, DC, and VA counties I have only found 1 or 2 so far and they are pretty far out.
I would guess Ocean City and near Deep Creak and areas like that might be more STR friendly, but I don't own anything there so I haven't done the research.. The problem with OC is rising insurance rates and a lot of competition in the summer months when you make most of your money. The problem (I've heard) about Deep Creak is the prices went up so much it's hard to cash flow now.
For medium term rentals, 90 days minimum isn't crazy for a travel nurse or young/corporate traveler like a consultant or someone staying in the city to be near family at one of the hospitals and need a longer term stay vs. a hotel. It's a strategy I've been considering for my next rental. - 2yJay ThomasPro MemberReal Estate Agent · Houston, TX · Member since 2021 · 1k+ posts · 715 votes
Short-term rentals (STRs) offer the perks of higher income and flexibility, but come with the challenges of regulatory requirements, increased management responsibilities, and different tax considerations. On the other hand, renting to travel nurses provides stable income, longer leases, and less wear and tear, yet presents the hurdles of a limited tenant pool, deciding on furnishings, and potential vacancy periods. Navigating these aspects thoughtfully will help you decide which rental strategy aligns best with your preferences and overall objectives.
- Investor · Alexandria, VA · Member since 2020 · 95 posts · 45 votes2y
We are in Fairfax County and City of Alexandria. The strategy that seems to work for us is MTR but occasionally we get gaps of 2-3 weeks. Having the opportunity to do STR to fill those gaps drew us to City of.
In a small test we ran, the top-line revenue is higher with STR but the work and expenses of turnaround make the bottom line equivalent to MTR. However, a friend in DC makes much more with STR than MTR.
I'd recommend running Airbnb market research and comps to set conservative expectations in terms of revenue
- Rental Property Investor · Silver Spring, MD · Member since 2020 · 15 posts · 3 votes2y
Quote from @Jay Thomas:
Short-term rentals (STRs) offer the perks of higher income and flexibility, but come with the challenges of regulatory requirements, increased management responsibilities, and different tax considerations. On the other hand, renting to travel nurses provides stable income, longer leases, and less wear and tear, yet presents the hurdles of a limited tenant pool, deciding on furnishings, and potential vacancy periods. Navigating these aspects thoughtfully will help you decide which rental strategy aligns best with your preferences and overall objectives.
This is very helpful thank you for the input. - Rental Property Investor · Silver Spring, MD · Member since 2020 · 15 posts · 3 votes2yThank you this is very helpful to me. I appreciate the input!
Quote from @Daniel Amsalem:
We are in Fairfax County and City of Alexandria. The strategy that seems to work for us is MTR but occasionally we get gaps of 2-3 weeks. Having the opportunity to do STR to fill those gaps drew us to City of.
In a small test we ran, the top-line revenue is higher with STR but the work and expenses of turnaround make the bottom line equivalent to MTR. However, a friend in DC makes much more with STR than MTR.
I'd recommend running Airbnb market research and comps to set conservative expectations in terms of revenue
- Rental Property Investor · Silver Spring, MD · Member since 2020 · 15 posts · 3 votes2y
Quote from @Daniel Amsalem:
We are in Fairfax County and City of Alexandria. The strategy that seems to work for us is MTR but occasionally we get gaps of 2-3 weeks. Having the opportunity to do STR to fill those gaps drew us to City of.
In a small test we ran, the top-line revenue is higher with STR but the work and expenses of turnaround make the bottom line equivalent to MTR. However, a friend in DC makes much more with STR than MTR.
I'd recommend running Airbnb market research and comps to set conservative expectations in terms of revenue
Im researching the ordinances right now here https://www.fairfaxcounty.gov/planning-development/zoning/sh.... It seems like anything with a greater than 30 day stay in this county is not considered an STR which is good. Quick question in some of the research and training I have taken its been said multiple times that you can get a higher ROI from using lease arbitrage strategy vs owning the property. Do you know if Fairfax or City of Alexandria has a requirement stating you must be the owner of the property? I am not seeing that written on the website but wanted to check if you knew otherwise. Thank you. - Investor · Alexandria, VA · Member since 2020 · 95 posts · 45 votes2y
Quote from @Phillip J Cole:
Im researching the ordinances right now here https://www.fairfaxcounty.gov/planning-development/zoning/sh.... It seems like anything with a greater than 30 day stay in this county is not considered an STR which is good. Quick question in some of the research and training I have taken its been said multiple times that you can get a higher ROI from using lease arbitrage strategy vs owning the property. Do you know if Fairfax or City of Alexandria has a requirement stating you must be the owner of the property? I am not seeing that written on the website but wanted to check if you knew otherwise. Thank you.I'm not aware of any restrictions on arbitrage in FF county for MTR. AFAIK, all restrictions relate to STR. MTR is equivalent to LTR in the eyes of the county, for now.
For City of, no restrictions on STR regarding abitrage come to mind. But, we don't look for arbitrage opportunities, we're strictly interested in buy and hold. I'd definitely recommend some additional digging to verify.
- Investor · Fort Washington, MD · Member since 2014 · 1k+ posts · 1k+ votes2y
Quote from @Paul Georgia:
That's not good at all. PG County is horrible!
Are there exceptions for things like traveling nurses?
What is so horrible about the county?
Join the conversationCreate a free account to reply, vote on answers and follow this thread.