Baltimore, MD · Member since 2017 · 199 posts · 56 votes
I'm looking for people that have experience with running an Airbnb in Baltimore. Preferably if you rent the property as opposed to owning it yourself, however I will take any advice I can get. How did you start? What areas did you consider and how did you choose them? What costs are involved? Etc..thank you!
Baltimore probably gave in to pressure from the hotel lobby and once again showed that it is woefully ignorant of the changes happening in our post-industrial economy. They passed a law which limits AirBnB to the point of practically making it illegal. Here's the link to more information
If you rent or own a house that you live in, you can do and airbnb in Baltimore.However, if you are an investor, and not living in the house, you will not be able to do it. They allowed 2 houses and one has to be the one you live in, and the second one has to be in the system already in August 2018 I believe, and registration is coming up, so legally you might not be able to airbnb anymore, unless you live in that house.
As far as how airbnb goes, If you have people to manage and clean the property, it works well.
If you are going to manage and don't have the cleaners who can show up on time, then you will have trouble.
Baltimore probably gave in to pressure from the hotel lobby and once again showed that it is woefully ignorant of the changes happening in our post-industrial economy. They passed a law which limits AirBnB to the point of practically making it illegal. Here's the link to more information
Typical Baltimore City. And you are so right,it is woefully ignorant of positive change which is why there are so many boarded up areas still in Baltimore
If you rent or own a house that you live in, you can do and airbnb in Baltimore.However, if you are an investor, and not living in the house, you will not be able to do it. They allowed 2 houses and one has to be the one you live in, and the second one has to be in the system already in August 2018 I believe, and registration is coming up, so legally you might not be able to airbnb anymore, unless you live in that house.
As far as how airbnb goes, If you have people to manage and clean the property, it works well.
If you are going to manage and don't have the cleaners who can show up on time, then you will have trouble.
Thank you Ozzy. Yeah, I am not going to do this in Baltimore anymore now that I know this info. Do you or anyone know of a good list that indicates which areas in the US are off limits for Airbnb, and which ones are the best to invest in? Thanks again
If you want to research for good AirBnB areas, try AirDna. Also, our real estate association, MAREIA, just had Robyn Thompson as a speaker and she is now doing AirBnB. She said you don't necessarily need to be in a "touristy" area to make good money. She suggested areas near hospitals for doctors and nurses who rotate in and out for training; and colleges where parents and alumni come for various events.