Short-Term & Vacation Rental Discussions
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 3 months ago on . Most recent reply
Short term rentals Chicago
Hey everyone,
Has anyone done short term rentals in Chicago. I have been reading thier seems to be a lot of rules and regulations. Does anyone have any pointers?
Thank you in advance
Most Popular Reply
Michael Baum
#2 Short-Term & Vacation Rental Discussions Contributor
Pro Member
#2 Short-Term & Vacation Rental Discussions Contributor
- Olympia, WA
- 6,568
- Votes |
- 7,913
- Posts
Michael Baum
#2 Short-Term & Vacation Rental Discussions Contributor
Pro Member
#2 Short-Term & Vacation Rental Discussions Contributor
- Olympia, WA
Hey @Daisy Ruiz, choose another area. That is the best advice I can give you.
The forums have several folks that have gotten hosed by the city trying to do a STR even though they did everything right.
There are a lot of loopholes the city can use to keep people from doing a STR.
For example, an up/down duplex. Live in one and STR the other. Meets the standard of living onsite...but not according to the city.