Colorado Ski Towns Concerned About airbnb Impact

Resort communities weigh regulation, enforcement of vacation rentals From The Denver Post, July 19, 2015 A comprehensive analysis by the Colorado Association of Ski Towns, or CAST, reveals homeowners’ conversion of long-term rental properties into short-term vacation rentals as the largest rental-by-owner issue for resort communities. Vacation rentals now join the list of challenges for […]

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NYC Council Proposes $10,000 – $50,000 Fines on Illegal “Entire Place” Rentals

NYC Council to propose tough penalties for landlords who use sites like Airbnb, in effort to keep affordable housing From the New York Daily News, June 10, 2015 Manhattan City Council members Helen Rosenthal and Ydanis Rodriguez will propose tough new penalties Wednesday aimed at property owners who violate the city’s ban on short-term rentals […]

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In Chicago a 2-bedroom Apartment Listed on airbnb Can Generate an Annual Profit of $23,000

How much can you really make on Airbnb? From Chicago Real Estate Daily, May 15, 2015 A two-bedroom Chicago home rented through Airbnb generates an expected annual profit of $24,175, according to an analysis by SmartAsset, a New York-based financial advice firm. Chicago ranks third in the nation in profitability potential among the 15 cities […]

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