Airbnb Atlanta market

[Charlene Fetzer]

Hi all!

I am curious to hear from those currently utilizing STR/Airbnb in the Atlanta market.

I am looking into properties in the area and love the idea of STR. From my research, it looks Atlanta proper has regulations including obtaining a business license and paying hotel taxes. While specific neighborhoods have banned STR, like Brookhaven, all together. I believe Sandy springs is under going strict regulations as well.

What success is being had out there? Is the profit worth the license and tax over long term rentals? Curious to what areas are seeing success?

Any other insight is much appreciated!

[Rick Baggenstoss]

@Charlene Fetzer I'm a local investor who does some STR in Atlanta and Decatur. I have close to 10 listings and a few more in the pipeline. Success varies.

I mostly converted some of my long-term holdings to short-term. In other cases, I bought the house with STR as my first choice strategy. In the near term, I would not be able to buy the houses I have without STR as a strategy.

Now with a couple of years experience, automation in place, etc. I could expand into hosting for others and rent arbitrage which can both be pretty lucrative.  Other experienced hosts have started cleaning companies to serve the Airbnb market.

Hope this helps.

Rick