AirBNB Management in Baltimore

[Christopher Colbert]

I'm moving into the Baltimore rental market. I have two properties, one is a long term rental and already has great tenants, the other is close to being ready for occupancy.  The vacant property is in the Violetville community near St. Agnes Hospital.  I recently hosted a pair of traveling nurses in my home outside of DC which got me thinking about short-term rentals.  I'm curious if anyone has any suggestions on how to get into/manage AirBNB in Baltimore or how to setup short term rentals for travel medical professionals.

[Joe Norman]

I suggest doing your research on Short Term Rental regulations in Baltimore, my understanding is that unless the building is owner occupied there are some significant restrictions.

My advice to anyone looking into short term rentals (regardless of whether they are in Baltimore or not) is to make sure you have a second game plan or exit strategy for the property in case that the local regulations change down the road.  If it only makes sense as a short term rental, and not as a long term rental or as a property that you can flip, then I wouldn't take the risk.