Advice needed in purchasing property to utilize as short-term stay rental

San Francisco, CA · Member since 2015 · 8 posts · 3 votes

Hi all,

My name is Christian and I'm fairly new in the real estate business, though not new to Biggerpockets.

I'd like to purchase a condo in San Francisco to utilize as a short-term stay rental property, marketing to potential Airbnb guests. Any tips or advice would be greatly appreciated, especially with figuring out numbers.

Thanks in advance.

Christian

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Scott TrenchPro Member
Rental Property Investor · Denver, CO · Member since 2014 · 2k+ posts · 6k+ votes
11y
Heads up - this post talks about "AirBnB" and "San Francisco". You are about to draw in about 100 people that regularly monitor the internet to prevent you from housing people in your home via AirBnB. Why are they so dedicated? For the good of their community of course... definitely not some sort of agenda.
Some call that a "noble" cause. Some call that none of their business.
Either way, know that San Francisco is particularly strict about short term rentals and there are some very "dedicated" bureaucrats out there looking to make things hard on you.
Make sure that you are licensed for short term rentals if you are looking to AirBnB in San Fran. This article should help you understand what is and isn't legal:
http://time.com/3757094/san-francisco-airbnb-law/
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