Additional expenses for short term rental properties in Las Vegas

[Alexandra Gomez]

Hi, I am interested in buying an investment property in Las Vegas. I am debating between short (short and B&B) and long-term rentals as well as finding the right location. I recently read that the City created strict regulations and increased owner fees when it comes to short term rentals. My question is, how much of a difference would I need to pay in permits, taxes and licenses for a short-term in comparison to a regular long-term rental property? 

[Terry Lao]

@Alexandra Gomez

Once news comes out like the Raiders moving and building $1.9B stadium, you are already late to the game, and the market has took into account the news. The key is to be one step ahead of the game. 

Now, if you want to still invest, then you need to take into account all that has happened already, and then decide. 

Here's another piece of information that you already missed.

https://www.biggerpockets.com/forums/712/topics/51...

Terry