All Forum Posts by: Luis Bedoya

Hello! I’m Luis Bedoya, an experienced host and consultant in the short-term rental market, which includes platforms like Airbnb and VRBO. Today, I want to share valuable insights about navigating the regulatory landscape of short-term rentals in various locations, including Clearwater, Largo, Seminole, and more.

Understanding Local Regulations The world of short-term rentals is exciting but complex, especially when it comes to local regulations. The rules can vary significantly, even within the same county. For instance, incorporated areas follow city regulations, while unincorporated areas adhere to county rules. Understanding this distinction is crucial for property owners.

Clearwater: A Case Study In Clearwater, for example, if you own a property in an incorporated area, you're limited to a minimum 30-day rental period. However, if your property falls under an unincorporated area, it's governed by county regulations, which may offer more flexibility.

Cities with Direct Airbnb Options If you're looking to dive straight into Airbnb, certain cities like Largo, Pinellas Park, Kenneth City, and Indian Rocks Beach offer straightforward processes. However, always double-check the latest regulations to stay compliant.

Areas to Watch Out For In cities like Seminole, Clearwater, Saint Petersburg, Oldsmar, and Dunedin, it’s crucial to check specific regulations. Each city has its own set of rules that govern short-term rentals, and staying informed is key to a successful investment.

Conclusion: Let's Connect! Navigating these regulations can be challenging, but you’re not alone. If you have any questions, don’t hesitate to reach out. Fill out the form below, get our buyer's guide, and let’s start a conversation with my colleague, Austyn Shuman, and me. We’re here to discuss your goals and how we can assist you in your short-term rental venture.

Introduction: Are you eyeing Pinellas County for your next short-term rental investment? Understanding the zoning laws is key to a fruitful investment. Let’s dive into the colorful zoning map and unravel the dos and don'ts for your potential rental property.

Why Zoning Is Key: Short-term rental regulations can make or break your rental business in Pinellas County. Knowing the zones that permit daily rentals is crucial, as ignoring them could lead to complaints and impact your rental income. It's also wise to ensure your property can pivot to a long-term rental if needed.

FAQ Section:

• Zoning Laws Breakdown: Each area in Pinellas County has unique zoning rules. Key zones to note include unincorporated areas, Largo, Indian Rocks, Dunedin's DC zoning, and specific parts of Gulfport.
• Ensuring Compliance: To confirm your property's compliance, cross-reference with the Pinellas County Zoning Map and verify with local authorities.
• Risks of Non-Compliance: Overlooking these regulations could lead to a shutdown and legal issues.
• Need More Info? Reach out directly for personalized assistance.

Pinellas County’s Unincorporated Charm: Pinellas boasts a mix of incorporated cities and vast unincorporated landscapes, home to over a third of the county's population. From the Pasco County line to Tierra Verde, unincorporated communities are governed by the Board of County Commissioners, funded through the MSTU to ensure services like law enforcement and building permitting are covered.

Check Your Property: Is your investment within Unincorporated Pinellas County? Here’s how to find out and what it means for you.

Conclusion: Pinellas County's short-term rental market is bustling with opportunity. With the right knowledge of zoning laws, your investment can flourish without the worries of compliance issues. Get in touch for a detailed guide and secure your investment with confidence.

https://www.luisbedoya.com/buyers/navigating-shortterm-renta...

Hey Florida home seekers and investors! Got some fresh updates from the housing market for September 2023:
📈 Stable Prices, More Choices!Good news! Home prices are holding steady, and there's a bigger selection of homes available compared to last year. That means more options for you!
💵 Sales and Dollars Up!Single-family home sales are climbing, with a 6.1% jump from last year. Plus, a whopping $12.2 billion in sales shows the market's still buzzing despite rising mortgage rates.
📊 Quarterly Check-In:Looking at the third quarter, there's a slight dip in home sales compared to last year, but don’t worry - the market's showing signs of balance.
👀 Eyes on the Fall Market:Sales are picking up as we step into autumn. Single-family homes sales saw a 6% increase over last year, and condos and townhouses are nearly matching the sales figures from 2022.
💲 What About Prices?Single-family homes have a median price tag of $409,243 (up a bit from last year), and condos/townhouses are at $324,990 (also up from last year).
🏘️ More Listings Coming Up:New listings are on the rise! We’re seeing more new homes on the market now than at the same time in 2019, pre-pandemic.
📈 Inventory Gaining Momentum:There’s a better inventory of homes now at the end of September than at the start. However, we’re still catching up to the pre-pandemic supply levels.
🔍 Supply Details:The current supply for single-family homes is at about 3.2 months – that's more than last year. Condos and townhouses have a 4.1-month supply, which is a big increase over last year.
✨ Takeaway:Whether you're looking to buy or sell, Florida's housing market is showing promising signs of stability with a healthy flow of options. It’s a great time to explore your opportunities in the Sunshine State!

🎉 Great News for Home Shoppers & Owners! 🏡

📣 Mortgage rates are dropping! 📉

👀 Quick Look:

- 30-year fixed-rate: now around 7.16%

- 15-year fixed-rate: now around 6.49%

💰 What this means:

- Lower rates = lower monthly payments when you buy or refinance a house.

🛒 Shopping for a home? 🏠

- The lower the rate, the less you pay over time!

🔄 Thinking of refinancing? ✍️

- Now might be a great time for a better rate!

💡 Considering a fix-up? 🛠️

- A home equity line of credit (HELOC) might be your best bet for borrowing.

🌟 Keep watching, as rates might get even better soon!

#HomeBuyingTips #SaveOnYourMortgage #RefinanceNow #MoneySaver

Hey fellow investors,

I wanted to bring up a topic that often causes headaches for us in the Airbnb investing scene: Homeowners Associations (HOAs).

There's no doubt that investing in properties within HOAs can be a bit of a risky gamble. On the one hand, they offer benefits like communal amenities and maintained aesthetics, which can be a draw for potential guests.

However, the flip side of that coin is that HOAs hold the power to change their regulations on a whim, which can be a massive roadblock if they decide to shut down short-term rentals.

In some fortunate scenarios, HOAs are quite amenable to Airbnb operations, and it can indeed work to our benefit. But, as many of us have experienced, it's not always smooth sailing.

I think it's important to consider investing in regions where the entire community is oriented towards short-term rentals. This way, we ensure that everyone is on the same page, reducing potential conflicts with long-term residents who might not be thrilled about frequent guest turnover.

As always, diligent research and understanding the risks and rewards is key. But I'd love to hear about your experiences and thoughts on this matter.

Have you found success with HOAs, or is it a situation you try to avoid at all costs? Let's discuss.

Cheers.

Hey there fellow investors,

Ever piloted a plane? Crazy comparison, right? But stick with me. Some things in life are a bit like flying: you don't get any do-overs. No room for a 'whoopsie'. That's pretty much the Airbnb or short-term rental investment scene for you.

Sure, you can snag a property like you'd buy a plane ticket. Easy-peasy. But running the show and flying this beast? That's a whole different ball game. Some brave souls might wing it solo, but let's be real - just like any other gig, having a seasoned pro show you the ropes is a total game-changer.

So here's the deal. Don't be shy about asking questions or touching base with others on this sub. In the wild world of Airbnb, there are about a gazillion ways to crash and burn. Messy management, cleaning crew horror stories, 'what-was-I-thinking' decor choices, and furniture fails can all lead to an unpleasant nosedive.

But hey, don't sweat it. There are experts out there who've navigated through these turbulent skies and are ready to lend a hand. It'll save you time, cash, and heaps of stress, helping you keep your investment journey on cloud nine.

If you've got burning questions or need a friendly ear, give me a shout. You can text me anytime. We're all co-pilots here, so let's help each other soar. Safe flights!