Experience with short-term rentals on Vegas Strip?

Question

Suggestions,  Advice,  recommendations

Michael Robbins · Answer

@Anthony Acosta it depends on what sort of short term rental you are considering.  I like the one bedroom furnished units in neighborhoods nearby hospitals, large employers, parks, etc.... The target market are travel RNs, corporate housing, people looking to buy a home, people in the middle of a large renovation,.... The lease terms range from 30 days to 12 months.  All the furnishings included and all the utilities (including cable/internet included).  One example is a one bedroom unit that typically rents about $1,300-1,400 non furnished on 6-12 m lease vs the furnished short term at $2,000-2,400.

Fran Jenkins · Answer

There are a few condo-hotels on the strip that allow daily rentals that you can have managed or manage yourself.

Bill B. · Answer

The majority of properties near the Las Vegas Strip fall under the jurisdiction of Clark County where short-term rentals, defined as fewer than 30 days, are prohibited. ... Pretty straightforward – Renting out your personal residence on sites like Airbnb is illegal.

https://lasvegasthenandnow.com...

Brian Walters · Answer

There are a lot of restriction on STR within the city of Las Vegas.  Right now I don't believe the city is granting new licenses and there are certain areas where it's not allowed regardless.  Be sure to do the research on city regulations.

Jimmy Woodard · Answer

@Anthony Acosta Henderson or North Las Vegas are your best bet if you want a non-owner occupied STR. They have some proximity and registration rules to look out for, but will work for you. Otherwise you can house hack in Vegas proper.

Experience with short-term rentals on Vegas Strip?

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