All Forum Posts by: William Oshea

I understand short term rental is getting a lot of regulation in Las Vegas, but North Las Vegas has more lax regulations. Does anyone have thoughts on 1. regulatory environment 2. rental appeal of NLV. 

@Mary S. It sounds like the biggest risk ($2k/day) is if you operate without a permit. However are permits simply not being issued at this point so effectively if you want to do STR you are forced to risk this level of fine?

I'm considering investing in Austin in 2018. I'm relatively new to the market.  A few questions: 

1. What areas do you consider up-and-coming? 

2. What are your expectations on regulation of AirBNB and other short term rentals? 

3. Expectations on rental value increase? 

4. Would you go for new build or existing? 

Thanks for the help! 

Moody's and S&P just downgraded Illinois' bonds to one step above junk. Some other states are close to similar situations. What are members' thoughts on the additional risks for investors (e.g. potentially higher tax rates)?