378. Hosting Hotline: My City Banned Airbnb! What Are My Options?

Welcome back to the Hosting Hotline! This is an Ask Me Anything where each week we’ll answer your questions on Airbnb, STRs, real estate, and everything in between.Megan asks:I live in the Dallas, Texas area and I am getting into the Airbnb business. I really wanted to start one in my local area, first, but Dallas recently banned short-term rentals in single-family areas. Right now, I'm limited to condos and apartments. I would love to start my first Airbnb in a condo, but I just wanted to get your input if you've experienced issues like this before. Do you think it's a good idea for me to continue here even after Dallas put this ban in place? Any input would be great for these first-time Airbnb hosts. Thanks. (00:01:19) Megan Asks for Advice Regarding the Dallas, Texas Airbnb Ban(00:02:28) How to Stay Informed of Local Short-Term Rental Regulations(00:04:12) Host Hacking: Sarah & Annette Cover a Few Creative STR Options(00:06:49) Get Involved in the STR Industry Before Purchasing a Property Thanks to everyone who submitted questions. To hear your voice on the show and send a question to Sarah and Annette, submit your burning hosting questions at: hostinghotline.com.Resources:• Click here for full show notes• Dallas STR Ordinances: Short-Term Rentals• Rent Responsibly: rentresponsibly.org • Video: How to Become an Airbnb Co-Host• Airbnb Essentials Checklist: hostchecklist.comThanks for Visiting is produced by Crate Media.Mentioned in this episode:Join us for our live Get More Bookings Bootcamp.Hosting Handbook | Get everything you need to fast track your way to Superhost at thanksforvisiting.com/handbook