New to Real Estate · San Francisco, CA · Member since 2018 · 24 posts · 13 votes
Hi there. My boyfriend and I are interested in investing in short term rental(s) in Las Vegas. Our intent is for both investment and personal use. I have read that the STR market is tough in LV because of the local jurisdiction. We would like to talk to someone with extensive knowledge of the market and STRs.
A short-term residential rental requires a Conditional Use Verification (CUV). Effective December 5, 2018, a short-term residential rental may be allowed to operate as a conditional use, provided it meets the following standards: 1. Must be owner occupied. 2. Have no more than three bedrooms. The number of bedrooms is that shown on the Clark County Assessor’s records. 3. Be at least 660 feet from any other short-term residential rental 4. Be in a location that allows short-term residential rentals
Real Estate Agent · Las Vegas, NV · Member since 2020 · 459 posts · 305 votes
4y
In Las Vegas, they are still illegal. In Henderson, they are regulated by the city. Las Vegas is working on the rules currently. We will see in July if they get anything out.
In Las Vegas, they are still illegal. In Henderson, they are regulated by the city. Las Vegas is working on the rules currently. We will see in July if they get anything out.
Do You mean that STR's are illegal? How are people getting away with having them listed on Airbnb? Thank you in advance
Las Vegas, NV · Member since 2020 · 162 posts · 113 votes
4y
Hi there,
They're not technically illegal here in Las Vegas. You have to apply for a short term rental license. There are a few guidelines you'll have to comply with for the city to approve your property.
Here is the link to review and go through the laws that Las Vegas has in place.
They're not technically illegal here in Las Vegas. You have to apply for a short term rental license. There are a few guidelines you'll have to comply with for the city to approve your property.
Here is the link to review and go through the laws that Las Vegas has in place.
They're not technically illegal here in Las Vegas. You have to apply for a short term rental license. There are a few guidelines you'll have to comply with for the city to approve your property.
Here is the link to review and go through the laws that Las Vegas has in place.
A short-term residential rental requires a Conditional Use Verification (CUV). Effective December 5, 2018, a short-term residential rental may be allowed to operate as a conditional use, provided it meets the following standards: 1. Must be owner occupied. 2. Have no more than three bedrooms. The number of bedrooms is that shown on the Clark County Assessor’s records. 3. Be at least 660 feet from any other short-term residential rental 4. Be in a location that allows short-term residential rentals
Property Manager · Henderson, NV · Member since 2018 · 501 posts · 317 votes
4y
@Lesley M. I manage some furnished rentals in Henderson where the shortest lease term is 30 days. I have been hesitant to buy or manage anything with airbnb in mind due to the fact the laws appear to be a moving target.