Frustrated with HOA rental restrictions!

Frustrated with HOA rental restrictions!

Member since 2024 · 2 posts · 1 vote

I'm just here venting. I finally saved up enough capital to purchase a decent town home or condo in Las Vegas. I want to use the property as a vacation home and rent my property out when I'm not using it. but I need it to be month to month and every single property I've put a offer on which is 5 I have to cancel because when I read the rules and regulations in the CC&R's the home must be rented out for at least 6 months! Super frustrating! I just want to be able to rent my property out and have the option to enjoy it as a vacation home as well. But I can't do that if a long term lease is in place! I understand HOA concerns with airb&b but they should allow home owners month to month options or atleast 3 month leases options! Im stating to think most HOA's won't allow month to month and it's super frustrating. I might have to save up more capital to buy single family home which sucks! It's also annoying that you can't obtain official cc&r rules until offers is accepted which is a waste of time!

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Theresa HarrisPro Member
Member since 2019 · 15k+ posts · 11k+ votes
2y

The listing agent should be able to tell you if there are age or rental restrictions before you even view the home.  Also talk to your realtor as they should know some of the condos that are used as airBNB or medium term rentals.

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  • Real Estate Agent · Virginia Beach, VA · Member since 2012 · 2k+ posts · 1k+ votes
    2y

    @Shabar Marshall maybe Las Vegas is different but when I list a condo/hoa for sale, I have already asked the association, if seller doesn’t already know, about parking, pets, and rental restrictions so I can answer those questions vs wasting everyone’s time. Most are helpful if asked. I’ve even reached out to association as a buyers agent when listing agent just says, it’ll be in docs, as no one wants to tie up the home that long for something they can usually answer in a quick email.

  • Realtor · Hanover Twp, PA · Member since 2018 · 3k+ posts · 3k+ votes
    2y

    @Shabar Marshall, in my area it works similar to what @Lynn McGeein stated.

    Many times the listing agent will advertise some of those pertinent details especially about short term rentals because that is a common question/issue.

    Also, in my area, the associations often have websites where they publish their rules. So, that anyone can read and understand them ahead of time. 

  • Theresa HarrisPro Member
    Member since 2019 · 15k+ posts · 11k+ votes
    2y

    The listing agent should be able to tell you if there are age or rental restrictions before you even view the home.  Also talk to your realtor as they should know some of the condos that are used as airBNB or medium term rentals.

  • Member since 2024 · 2 posts · 1 vote
    2y

    Hey guys thanks for your reply! The crazy thing… I ask these questions or have my agents try and obtain this specific information! All the HOAs are impossible to get in touch with the listing agents seem to have no ideal. Which is weird. Talk to your seller for Christ sake but apparently they don’t know either… it’s frustrating to say the least. 

  • Real Estate Agent · Las Vegas, NV · Member since 2020 · 461 posts · 305 votes
    2y

    The association phone number is on the MLS listing page. I call the for my investor clients. And if your agent is not willing, ask for the number and call yourself.

    It’s always best to find out from the association.  I will warn you though there has been times I’ve called and received bad information.  so even though you’ve talked to someone, you still have to check the official papers. 

    The condos and townhomes are getting more restrictive due to all the illegal Airbnb’s. 

  • Russell BrazilBusiness Member
    Moderator
    Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes
    2y

    Most HOAs, nearly everywhere in the country require rental agreements to be either in 6 month, or 1 year intervals. You should not expect anything less on any of them anywhere, except maybe in beach towns. 

  • Real Estate Investor · Saint Paul, MN · Member since 2017 · 543 posts · 474 votes
    2y

    @Russell Brazil Or in markets that are traditionally vacation destinations.

  • Real Estate Agent · Henderson, NV · Member since 2011 · 1k+ posts · 550 votes
    2y

    @Shabar Marshall It's worth noting that there are HOAs with single family residential communities too. Actually most stuff built after the late '80's has some sort of HOA in the Vegas metro. I've seen several that have rental restrictions, so you may run into this when looking at the single-family product. Like others have stated, ask your agent to look into this before writing offers. You would think the listing agents would look this stuff up prior to putting the house on the market, but sometimes they could have bad or old intel.

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