shortterm rentals: Will the Sedona Pilot Program "Rent Local" Be Successful Over STR?
- 08/20/22 08:05 PM
Sedona "Rent Local" Pilot ProgramShort-Term Rental (STR) vs "Rent Local"The only way I can make a true comparison is through my experience in selling STR. I have sold nine different properties this year that are STR capable. All of this hit the national news because we just can't find housing for local workers. I am going to use an example of one of my recent sales that had a documented history of rental income of $10,000 a month. STR properties have been selling for 10% to 20% more than that same home could sell for in an area that does not … (32 comments)
This home is in an area where short-term rentals are allowed. (Buyer to verify) This property will not last long. It is perfect for investment. Southwest contemporary home in the center of Uptown including VIEWING DECK. This 3 bed/2bath home includes an upper level, which can be a bedroom, an office, game room, art studio, or more + den & workshop - all in approximately 2,247 square feet. The loft leads to an upper viewing deck. Extensive remodel done in 2007-2008 w/details … (20 comments)
shortterm rentals: Gov. Ducey OKs Short Term Rentals for AZ - How Does it Affect HOAs?
- 06/23/16 05:01 AM
Bill SB 1350 Takes Effect December 31, 2016Short Term & Vacation Rentals Short Term Rental Mixed ReviewsThe City of Sedona has had a long time ordinance that did not allow any short term rentals unless your home met a "grandfather clause". The definition included rentals of less than 30 days. Sedona already has a vibrant tourism economy with time-shares, hotels and motels all over the city. The ordinance was meant to protect the residential areas from increased noise levels and traffic. Some investors have shied away from purchasing homes to rent out because of this ordinance. They gravitate to other areas outside … (5 comments)
Sedona "Rent Local" Pilot ProgramShort-Term Rental (STR) vs "Rent Local"The only way I can make a true comparison is through my experience in selling STR. I have sold nine different properties this year that are STR capable. All of this hit the national news because we just can't find housing for local workers. 
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