Worst case, it gets outlawed in a town AFTER you’ve bought a place there & now you have to sell at a HUGE loss bc there’s no buyer demand once STR use is banned!

https://njbiz.com/lame-duck-bill-hudson-county-condo-conversion-ban/Just received this email from the board.

Myself and sizeable group of investors and homeowners in Ann Arbor are fighting short term rental banning legislation in the City of Ann Arbor and are interested in working with an attorney or advocate with experience in short term rental legislation.

Maybe you could push for regs instead of a full out ban.

Don’t get me wrong, we don’t like it, but it isn’t a blanket ban on the use of background checks.

We have since had him banned/blocked from that FB group so that he no longer preys on people within that group at least.

(a) (1) Subject to subdivision (b), an owner of residential real property shall not, over the course of any 12-month period, increase the gross rental rate for a dwelling or a unit more than 5 percent plus the percentage change in the cost of living, or 10 percent, whichever is lower, of the lowest gross rental rate charged for that dwelling or unit at any time during the 12 months prior to the effective date of the increase.

The California Apartment Association has no problem with laws that “ban the box” applicants often are required to check if they have a criminal conviction — as long as background checks are allowed later in the process.

If I am remembering correctly, I think they banned new rentals in Old Town my last year there.

We want to build the expertise to enable us to do long distance STR property management The City of LA recently effectively banned STR operators but there are neighboring cities that are legal to operate.