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Baltimore mid term rental
Anyone have experience with mid term rentals in Baltimore city?
Quote from @Elam Fisher Jr:
Anyone have experience with mid term rentals in Baltimore city?
@Sara Frank is the mid term rentals queen of Baltimore
#5 Medium-Term Rentals Contributor
- Investor
- Youngstown, OH
- 2,397
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#5 Medium-Term Rentals Contributor
- Investor
- Youngstown, OH
Have you gone to any local meetups?
#4 Medium-Term Rentals Contributor
- Lender
As Nicole mentioned I'd try going to local RE Meetups to find other mid term investors in Baltimore. The BiggerPockets meetup section and Meetup.com can be great places to start!
#2 Medium-Term Rentals Contributor
- Real Estate Consultant
- Reston, VA
- 474
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#2 Medium-Term Rentals Contributor
- Real Estate Consultant
- Reston, VA
I operated in Baltimore city for less than a year. I exited the market due to the short term rental regulations - properties that are rented under 90 days are considered short term. Short term rental permits are only granted to owners who will be renting their primary residence. Because of this, midterm rentals need to be rented for MORE than 90 days. It's very limiting to only be able to rent 3 months or more minimum. Because of that I decided to exit the market as a co-host.