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Updated about 3 years ago on . Most recent reply

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Reilly Barry
  • Real Estate Agent
  • Milford, CT
12
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25
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Unregulated STR Market

Reilly Barry
  • Real Estate Agent
  • Milford, CT
Posted

Question for short term rental owners.

I am currently looking in two markets for a short term rental property. The market's are very similar except one of them is completely unregulated. I am curious if anyone has had negative (or positive) experiences owning STR's in unregulated markets.

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Bruce Woodruff
#1 Contractors Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
14,435
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Bruce Woodruff
#1 Contractors Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
Replied

You would think that completely unregulated would be the best choice...but it depends where it is. Sometimes an area with existing regulations is great because they have already been through the thought process and decided on an approach. As long as they are reasonable....

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