Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Short-Term & Vacation Rental Discussions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago,

User Stats

24
Posts
6
Votes
Jonathan H.
6
Votes |
24
Posts

HOA Issues with Airbnb: Fight it? Turn Corporate? Other items?

Jonathan H.
Posted

Hi!  

Perhaps too impulsively, I invested 20k to set up an Airbnb in an HOA governed neighborhood: one of the few left unregulated outside of Boulder, CO, and the neighbors just informed me that there are several clear rules I am breaking with my Airbnb Ads, he has found them and requested I stop at threat of calling in the HOA.

Im looking at creative solutions... 

ROOMMATES

A fall back is to go with roommates of course, that would cover the rent and given its furnished I might make back my investment capital in 2-3 years. 

CORPORATE RENTALS

Can I do corporate rentals with a 30 day min?  If I do that, what might that look like?  I found several options on other posts but have not found any sites that seem to be operating significantly in my area. 

AIRBNB W 30 DAY MIN

Seems reasonable, although technically the HOA rules state that any commercial use is forbidden and that they will interpret an airbnb listing as evidence of such.

Any other options?

I have been offered an out, in 8 months, which means that I could get roommates to cover the rent, and move all the furnishings into a new home to recoup 70% of the investment capital... Thats definitely a possibility. 

Would love to hear what others would do in the same situation. 

Loading replies...