Follow Along

Stacey St. John

 

An Unconventional Thought in Real Estate Investing

Have you ever dreamt of owning a fantastic short-term rental property, but local regulations seem like a tangled mess? Don’t worry, I’ve got your back! Here’s a secret weapon savvy investors are using to navigate the world of short-term rentals: commercially-zoned properties!

Think of it like neighborhoods with different personalities. Zoning laws dictate how a property can be used, and while residential areas can be strict with short-term rentals, commercially zoned properties are a game-changer! These areas are built for business, and that often means more freedom when it comes to short-term rentals.

Here’s how a commercially zoned short-term rental can be your ticket to paradise:

  • Escape the Red Tape Maze: Commercially zoned areas may have fewer restrictions on short-term rentals. No more stressing about annual caps or permit nightmares! This means more flexibility and potentially more income for you to reinvest in making your rental truly special.
  • Prime Location Perks: Commercial zones often boast amazing locations – close to bustling hubs, exciting tourist attractions, and convenient transportation centers. This makes your rental incredibly attractive to travelers seeking a fun and easy stay. Imagine happy guests raving about their fantastic location in your online reviews!

Real-World Inspiration!

Cities around the world are seeing a boom in commercially zoned short-term rentals. Take Nashville or New Orleans, for example! Savvy investors there have tapped into the thriving tourist market without getting bogged down by residential restrictions. It’s a win-win for everyone!

Every Adventure Needs a Map:

Now, before you envision a giant hotel purchase, here’s the good news: commercially zoned properties can be single-family homes too! Just like Stacey Duvall in Louisville, Kentucky (we chatted about this very topic in a podcast episode – you can listen to it here).

On the other hand, if you’ve ever dreamed of owning a boutique hotel, there are fantastic opportunities to find and revitalize those charming “mom and pop” gems.

Speaking of dreams, mine involved creating a unique opportunity! For the past year, I’ve been developing plans for a luxury glamping resort in Hocking Hills, Ohio. Let me tell you, this isn’t your average campground! We’re talking 100 beautifully designed units, a stunning wedding venue, a cozy general store, and even an outdoor movie theater – it’s going to be incredible!

Stay tuned, because in a few weeks, I’ll be sharing details about how you can be a part of this amazing project (want early access? Join the waitlist).

So, if zoning regulations have you feeling discouraged, consider diving into the world of commercially zoned properties! It could be the key to unlocking your dream short-term rental adventure.