{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"","title":"EP183: Las Vegas Licensing Process for Short Term Rentals Explained","description":"What happens in Vegas, stays in Vegas?
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\nThe city may have a reputation for forgiving indiscretions, but not-so-much if your misdeed involves Airbnb hosting without the proper permit. In fact, the regulations around short-term rentals are incredibly strict in Las Vegas, and only the serious Airbnb entrepreneur will invest the time and money required to clear all the necessary hurdles.
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\nDillon is very familiar with the complex process of licensing in Las Vegas. He and his wife found their dream home in the city, but it was a little large for just the two of them. They decided to pursue Airbnb as a way to maintain the home and generate extra income. Unfortunately, Dillon was ‘turned in’ by an anonymous tipster, and forced to cancel upcoming bookings until he received the appropriate permit.
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\nToday Dillon walks us through the process, explaining the different types of available short-term rental permits, the fines associated with illegal hosting in Sin City, and the reason why regulations are so severe. Listen in as he shares the extra steps he took to secure the coveted Special Use Permit.
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\nTopics Covered
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\nWhy Dillon chose Airbnb over long-term rental
\n•\tMake three to five times more with short-term
\n•\tMake money rather than break even
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\nHow Dillon got caught doing Airbnb without a permit
\n•\tCity putting together task force to go after hosts
\n•\tUntil then, rely on neighbors to turn people in
\n•\tAnonymous tip may be from competitors with permits
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\nThe financial hit Dillon took pursuing the licensing process
\n•\tSeven months lost income (bookings)
\n•\t$2,000 in costs associated with obtaining permit
\n•\tApproximately $10,000 total
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\nThe fines associated with illegal Airbnb hosting in Las Vegas
\n•\tDillon received warning first (cease and desist)
\n•\tGiven ten days to come into compliance
\n•\tHad to cancel future bookings ($50 each)
\n•\tCan be fined for noise, lack of business license/permit ($2,000/day)
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\nWhy regulations are so severe in Las Vegas
\n•\tScotch Eighties neighborhood (not gated)
\n•\tMansions owned by older, wealthy citizens
\n•\tHomes purchased for Airbnb (parties)
\n•\tDisruption of quiet area led to legislation
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\nThe Conditional Use Verification permit
\n•\tOnly available to small subset
\n•\tOwner-occupied, renting portion of home
\n•\tPay $500 to obtain approval
\n•\tMust renew annually
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\nThe process of obtaining a special use permit
\n•\tGo to Department of Planning, set up process
\n•\tAttend pre-application meeting (architectural drawings, plan)
\n•\tAppear at Planning Commission hearing (automatic denial)
\n•\tAppeal to City Council ($500 fee)
\n•\tOnce approved, valid permit stays with property forever
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\nHow Dillon took extra steps to receive approval
\n•\tWrote letters to City Council members, mayor
\n•\tMet with individual members of City Council
\n•\tAsked for feedback on improving plan
\n•\tGot neighbors on board
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\nThe rules around short-term rentals outside the city proper
\n•\tIllegal in unincorporated townships and county
\n•\tIllegal in North Las Vegas as well
\n•\tAnything under 30 days is considered short-term rental
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\nResources
\nAudible
\nGet Paid for Your Pad Audiobook
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\nConnect with Jasper
\nEmail: jasper@getpaidforyourpad.com
\nTwitter: @GetPaidForUrPad
\nInstagram: @GetPaidForYourPad
\nFacebook: www.facebook.com/getpaidforyourpad
\nThis episode is sponsored by Hostfully.com where you can create a custom digital guidebook for your guests!","author_name":"Freewyld Foundry"}