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Updated about 3 years ago on . Most recent reply

User Stats

8
Posts
9
Votes
Robb Wisely
  • Chicago, IL
9
Votes |
8
Posts

Scottsdale Short Term Rental Realtor

Robb Wisely
  • Chicago, IL
Posted

Hi all,

Does anyone know of any realtors in Scottsdale, AZ that own short term rentals themselves and/or work extensively with short term rental buyers?

Thanks!

Most Popular Reply

User Stats

53
Posts
24
Votes
Deonte Brown
  • Real Estate Agent
24
Votes |
53
Posts
Deonte Brown
  • Real Estate Agent
Replied

@Account Closed While I have not seen that particular article, I have known that Scottsdale, along with other Arizona municipalities trying to circumvent the law. Your quoted article further highlights that it is unlawful for cities and towns from prohibiting short-term rentals.

Your article further highlights that the only thing a municipality can lawfully do is add additional hops to operate a short-term rental legally. Scottsdale requires the owner to provide emergency contact information to the city and assess a fine to the property owner if they don't. However, that alone does not outlaw or ban short-term rentals. Scottsdale even realizes that is not enough to stop short-term rentals, hence their efforts to get laws in place at the state level to aid them. Unfortunately, those efforts have even proved to be unsuccessful.

I would recommend a wise investor, such as Robb, to be lawful and simply give emergency contact information to the city. I would further recommend a wise investor to hire a licensed property manager who specializes in short-term rentals to manage your investment(s), especially for someone who resides out of state from said investment(s). I work with a licensed property manager who solely manages short-term rentals and is versed in the state law and municipal code. It would be smart to give your Property Manager's contact information as the emergency contact to satisfy Scottsdale's ineffective municipal code. The Property Manager will then contact you in the event of a true emergency.

Here is a link to the article for the other fellow BP members who are curious to know what the article says. Mike's link requires a subscription.

Link: https://drive.google.com/file/...

In conclusion, many large municipalities, if not all, have some sort of regulations for rental property, both short-term and long-term. Arizona is no different, as the state of Arizona requires you to declare your property as a rental to the county assessor for your property taxes. In this case, I would not fear the City of Scottsdale. I would fear a home owner's association because their hands are not tied to ARS 9-500.39, and in my opinion, HOAs get away with too much.

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