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Michael Guydish
  • Specialist
  • Santa Cruz, CA (Santa Cruz)
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STR newbie looking for more info

Michael Guydish
  • Specialist
  • Santa Cruz, CA (Santa Cruz)
Posted

I am a newbie looking to house hack and get into STR's in the future. I have a passion for hospitality and I am graduating from SJSU soon with a hospitality degree. My question today is how can I find out if a house for sale is residential or commercially zoned? Is there a source that can make it easier for me to tell the difference? I do want to invest in STR's in the future that allow me not to live on site. I know a lot of regulations are being passed in cities that are strict. Then I hear that there are cities that have none yet, but are cracking down. So to summarize this whole thing, how can I find out if a property is residential zoned or commercial zoned? I am looking at properties daily trying to get myself familiar to see if its a good deal but I never know if I can buy it to short term rent on its own. Thanks, anything helps as I am learning!

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Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
  • Rental Property Investor
  • Tennessee Florida
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4,236
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Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
  • Rental Property Investor
  • Tennessee Florida
Replied

@Michael Guydish. you don't need to live near your STRs they can be self managed from anywhere in the world. It's important to ask yourself why STR? It's nothing like LTR. It's a job. Do you need a new job? If you quit your current job how are you going to buy these things? If you're not looking to buy them and you're trying to do arbitrage that's not a good job you're better off at the job you have..... etc. just food for thought. Perhaps start by talking to a good loan person. Ask a million questions. Good luck!

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