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Updated over 6 years ago on . Most recent reply
AirBnB in New York City?
I just listened to Podcast 114 with Scott Sutherland which discussed vacation rentals. I think it is a great way to maximize cash flow, but I have heard that some cities have very strict laws. Does anyone have experience with short-term rentals in NYC and know what is and isn't allowed?
Most Popular Reply
@Ilan Levy-Lambert @Joe Vastola I believe it has to be coded class B dwelling still. I rent in NYC and its extremely risky and very hands-on. Wouldnt recommend it for the faint of heart; furthermore, even if you're technically allowed (<3 home private dwelling), the judges who are enforcing laws are supposedly doing so with very little knowledge and people are getting in trouble. there's a forum on facebook for NYC professional hosts- join and see the discussion