Thank you Steven for helping me with my questions today I really appreciate it. Your very genuine and caring for answering!
@TheBrokerLife3 жыл бұрын
Thank you! 🙏 That is a very nice complement! Glad I could help 😃
@yosmarvillafana240916 күн бұрын
I’m trying to rent a room with its own private entrance it’s on Cheyenne and pecos Will I be able to do it ? No hoa
@lucaiclodean3 жыл бұрын
Loved the tip at the end of the video.. I just bought two condos and felt really discouraged until I got to the end of the video. I wonder though.. do you know anything about protections for the owner? What if someone refuses to leave your property after the 31 days? Legally don’t they have a right to stay and can’t be evicted unless I take them to court? There is some law regarding that.. I just can’t remember exactly how it goes.
@TheBrokerLife3 жыл бұрын
Very good question! Yes when the rental changes from nightly to 31+ days then they do get traditional renters rights and the game changes if they refuse to leave. You would have to go through the eviction process. I’ve never had that problem but I am apart of an Airbnb Facebook group and I have heard story’s of other people having guests that hold over. It can get messy but there is risk with short term guests as well. 🤷♂️ hope that helped! 👍
@lucaiclodean3 жыл бұрын
@@TheBrokerLife thank you for the response! I worry now with all these pandemic laws protecting people from evictions that people would take advantage. I hope that’s not the case. One last question, if I do 30 night minimum on airbnb, do I still need to contact the city for permits and licenses? Do I need an LLC or something? Thank you for your time and help!
@rafaelcuahu47312 жыл бұрын
okay so work a deal with the hotel to rent it on a discount and then you go ahead and upload it to airbnb or you upsell the room in airbnb and you keep the difrance?
@networth002 жыл бұрын
Seems like most of this will change on July 1, 2022. Aren't they changing the laws in Clark Co?
@TheBrokerLife2 жыл бұрын
Yes everything will change at that time we will have to see how so.
@CarlosReyes-ov7zc3 жыл бұрын
Hey Steven I am about to start in this journey for Airbnb and I have lost of questions. Your content and everything you said was really valued information. I appreciate keep sharing.
@TheBree23242 жыл бұрын
I just got an excepted offer for Lake Las Vegas now do I need to talk to the HOA I’ve noticed on Airbnb that people are renting their place out does that 600 feet or 1000 feet apply to Lake Las Vegas?
@TheBrokerLife2 жыл бұрын
Lake Las Vegas is in Henderson so it follows Henderson rules for nightly rentals. Also if the house is in an HOA it won’t be allowed to do the nightly rentals unless the HOA DOCS say “ transient rentals are OK” which none of them do lol. Yes people have listings everywhere on Airbnb but most of the time it is illegal in Las Vegas.
@artcaffiene2 жыл бұрын
Steven is on Point 💯💥🚀
@chi-townvico15332 жыл бұрын
Hey bud, who do I contact to rent a property for one month in Vegas? Like you said, I would like to get my feet wet get to know Vegas better.
@TheBrokerLife2 жыл бұрын
If you are looking to rent a property for one month I would check on Airbnb for a monthly rental.
@1angrychicken3 жыл бұрын
Do most HOA's for condos allow for 31 day rentals? If I see a condo on zillow how do I find out if they allow 31 day rentals?
@networth002 жыл бұрын
I have the same question. Did you ever get an answer?
@KhalilEats3 жыл бұрын
I live out in Vegas bro! Really trying to jump into real estate and airbnb! Would love to connect sometime man! I want to learn way more lol
@TheBrokerLife3 жыл бұрын
Any friend of Saitama is a friend of mine lol 😂 👍 also your name is very close to my last name 🤔 give me a buzz tomorrow and I’ll see if I can give you any info that can help.
@KhalilEats3 жыл бұрын
@@TheBrokerLife sounds good bro! & haha just realized the last night! Just followed ya on ig fam!
@hyperdrivee79223 жыл бұрын
So, city of paradise? Are you saying that’s the same as vegas? Or at least for this purpose? This is little confusing! Isn’t NLV mostly ghetto? It’s cheap but Where would you actually buy? Do you own there? If you live in the property for 4-6 months? Does that make a difference? I leaving summerlin now to work on my new large 2nd home back east. I want be back to buy an inexpensive second home in Vegas in 22. What could I do with a empty condo over the summers? How are the condo owners doing it? All Illegally?
@leechinghuang87042 жыл бұрын
Is the septic tank house allowed to do Airbnb in Clarkcounty and city of Las Vegas?
@TheBrokerLife2 жыл бұрын
Great question and no unfortunately that will not be allowed with the new rules
@leechinghuang87042 жыл бұрын
Thank you so much
@MsErykah19803 ай бұрын
I am planning on purchasing a vacation home in Las Vegas- currently live in the Bay Area, California. I was thinking about AirBnbing our vacation home when not in Vegas. It sounds like I may not be able to.
@TheBrokerLife2 ай бұрын
Really depends this would be better done as a phone call. I just got a license for one of my homes but it took me two years 😂 now should be smoother but it’s not perfect
@TheBrokerLife2 ай бұрын
I may out my vacation rental up for sale at the start of next year but I’m not 100% on it yet. Here is a link to it on airbnb www.airbnb.com/slink/0Ubv03ep
@jeffkung50883 жыл бұрын
What area would be the best to do 30 day plus rentals?
@TheBrokerLife3 жыл бұрын
Depends on your budget Las Vegas needs 30 day furnished rentals
@tiad21253 жыл бұрын
Planning a trip in February. Seen alot of air BNB penthouses pop up...kinda sceptical about renting one oppose to a regular hotel room. After watching I'm curious to know..in your opinion what places on strip, do you think have the best air bnb options?
@Sab81903 жыл бұрын
Is there a way to get a studio condo at palms place & list it? In order to get a STR license in Las Vegas you have to prove you live on the property? I’m finding it so difficult to find somewhere to actually legally list
@markmacaranas83553 жыл бұрын
Great video! Is there demand for luxury single family homes to Airbnb in Henderson/Las Vegas?
@TheBrokerLife3 жыл бұрын
Good question. Yes there is actually there is a very high demand for high end rentals in general for long term as well. It’s been low supply for years.
@patrickbowling81843 жыл бұрын
Great information. Thanks for posting.
@TheBrokerLife3 жыл бұрын
You’re welcome!! 👍
@katrinadixon58812 жыл бұрын
How can I get around the 90 day rule for rentals in Las Vegas.
@TheBrokerLife2 жыл бұрын
What’s the 90 day rule?
@katrinadixon58812 жыл бұрын
@@TheBrokerLife that you can only rent your Airbnb for 90 days in one year if it’s not your permanent residence.
@TheBrokerLife2 жыл бұрын
@@katrinadixon5881 that is not a rule. You can’t rent short term for any amount of time of you are not licensed.
@Mercedesthirty2 жыл бұрын
If I have a neighbor that does yearly rental on her house could I do a short term rental Airnb? I was only going to do one weekend out of a month.
@TheBrokerLife2 жыл бұрын
Legally no probably not just depends on how much risk you’re ok with.
@yourlocalrealstatedirect77803 жыл бұрын
Hi Steven Great content. Thank you ! what site I can check out with the map for the Short term rentals in Las Vegas and Henderson area? Thank you!
@bridgetbesherse67883 жыл бұрын
Hello - I am in Vegas and very interested in buying a home in the actual Las Vegas valley so that I may do the 31+ legal renting. Where would you say the best platform for maximum exposure is to advertise so I can get monthly rentals. Airbnb? Which platforms did you use for your personal guest house that got you the most activity? Thank you so much.
@vl6324 Жыл бұрын
What’s the air bnb Facebook page you are apart of?! Thanks
@RuffyManada7 ай бұрын
Hi! Please help me how to start airbnb?
@TheBrokerLife7 ай бұрын
It’s not easy to get legal in this town. You can not rent a property and sublease as airbnb. Depending on how much money you have to spend it can be easier or harder.
@AmiltonDaSilva-of7tq2 ай бұрын
Hello, is this info still good until today? I’m looking to buy a place
@TheBrokerLife2 ай бұрын
Would have to listen to this video again to really say since it was back in 2021 but the rules are different from city to city. Unincorporated Clark county now allows short term rentals but it’s hard to get one approved they are very slow to reviewing applications and only take them once a year. If you have a higher budget I just listed my licensed STR in the south west for $2M. It took 2 years to get the license. It probably would take 1 year now lol 😂 Henderson is very streamlined though
@markmedley68493 жыл бұрын
What is your opinion on buying a Vdara unit and having them rent it out. Based on history, is it usually profitable or skip it?
@TheBrokerLife3 жыл бұрын
Hey Mark! I see you have had a few questions on Vdara. To speak in general yes the Vdara units have been going up in price and they do rent out very well like all hotel condos in vegas but I can’t tell you an exact ROI I usually say they cover the cost of ownership the HOA and taxes and give the owner about 3% per year return if in the rental program. These are more trophy 🏆 properties not so much major cash cow investments.
@markmedley68493 жыл бұрын
@@TheBrokerLife Thank you for your reply and input. The condos on the Las Vegas strip are nice and it would be fun to live in but they seem like a financial money pit. They are expensive to maintain, don’t sell fast if at all, and they are unlikely to cash flow positive if you rent them. Unless you got one cheap enough to make the numbers work. Maybe financing will lighten up but the fact there is an issue tells me they know a lot more than me. With the Vdara, at least you could have the hotel rent the rooms and cover your expenses. It sort of seems like they own the property and I own expenses. If I were to buy a condo such as in Veer Towers I would need to make sure I got a deal from someone who wanted out.
@KuyaVen3 жыл бұрын
Wow those are good info you gave bro. Tell me the 31 days or more thing, that’s on airbnb platform as well? Or you just independently rent it out yourself?
@TheBrokerLife3 жыл бұрын
You can choose how long or short you want to rent for on Airbnb 👍 “minimum rental cycle” is what you can change to 31 if you wanted to
@networth002 жыл бұрын
Why would someone rent a high rise airbnb vs just renting a hotel room in a casino hotel?
@HINDSVENTURECAPITAL3 жыл бұрын
Hi Steven love your content anything on subleasing in Nevada area I can contact you about.
@ScottDWarner3 жыл бұрын
Hello! Great tips. Do we still need a business license before we can air bnb out a house or room for 31 days?
@TheBrokerLife3 жыл бұрын
If you are doing 31 day minimum no business license is needed as it falls into the normal leasing of your home. 👍
@NoDripp23 жыл бұрын
also so if I wanted to start this I’d need to list the property for 31 days so I couldn’t just rent a room for a day or two?
@TheBrokerLife3 жыл бұрын
It all depends on a lot of things but in general if you are renting the apartment from the owner you most likely do not have the ability to sublease your unit in any way. You have to ask your owner. If you own the unit then you should check with your HOA to see if there are any rental restrictions in your community. If there are no rental restrictions then you’ll be able to rent 31 days or more under Clark county rules. Nightly rentals are something only allowed under hotel zoning. Your appointment most likely is not zoned for hotel use.
@bridgetbesherse67883 жыл бұрын
Hello there - thank you so much for this video it was incredibly informative. I live in Las Vegas I have my RE license and looking to buy an investment property for short term rentals. Would love to chat with you especially to expand on the last 31 day tip you gave. Thanks- Bridget Fuller
@Unemy3 жыл бұрын
Is there a difference from renting a private room in your primary residence vs a whole home?
@TheBrokerLife3 жыл бұрын
That’s a great question I don’t know 🤷♂️ 🧐
@darktri50903 жыл бұрын
Can u help me out im looking to buy a house and I want to rent out. I'm looking around spring meadow and jones. Can I rent out there?
@TheBrokerLife3 жыл бұрын
Hello 👋 sure give me a call today and we can get you helped out. You can rent almost anywhere but if you are talking about nightly rental that’s a different story, 702-810-6039
@EtorianThePodcastHost3 жыл бұрын
This was pretty cool. I have a property in the unincorporated area that I really want to put up on Airbnb. I might look at the 31 day option.
@TheBrokerLife3 жыл бұрын
Do it! The book up 👍😃👍
@EtorianThePodcastHost3 жыл бұрын
@@TheBrokerLife do you still need a business license if your rent for the entire month?
@TheBrokerLife3 жыл бұрын
@@EtorianThePodcastHost good question. No you do not as it is within the normal rules set by the county. 👍
@EtorianThePodcastHost3 жыл бұрын
@@TheBrokerLife great information again thank you!
@mitchkhoang12403 жыл бұрын
What docs do we need if we're new?
@TheBrokerLife3 жыл бұрын
Hello! Not sure what you are asking.
@Opulentguy3 жыл бұрын
If you are in the unincorporated parts of Clark county do you need a license to do the 31 day short term rental? If so where do you get the Licence? I’m in the enterprise area. Thanks
@networth002 жыл бұрын
You don't need a license for 31+ days. The laws are about to change on July 1, 2022. The state is making it legal to do airbnb in uncorporated Clark Co.
@welovelibraries45563 жыл бұрын
Then WHY when you go onto Airbnb & look at Las Vegas you can rent 1 day, 3 days, 1 week etc?
@TheBrokerLife3 жыл бұрын
People do it, doesn’t mean it’s legal.
@austinray60244 жыл бұрын
#wholefoodstalk! thanks steve! this opens a lot of venues for revenue for a ton of people!
@TheBrokerLife4 жыл бұрын
Haha 😂 love that hashtag!!
@garfieldsenior46242 жыл бұрын
Love the material, I would like to contact you. I am planning on purchasing
@TheBrokerLife2 жыл бұрын
Awesome!! Glad it is helping you 👍😃👍 call me any time
@virginiaaranda1326 Жыл бұрын
Can I have an advice from͏ you by a call ?
@TheBrokerLife Жыл бұрын
Sure as long as the question is not “can I do rental arbitrage in vegas and run it as an Airbnb?” The answer is no it’s not legal. 👍
@Jeanninecomeau3 жыл бұрын
I'm in Charleston Heights. I have a 4 bedroom house, with 3 bedrooms occupied by family. I only wanted to rent out one room. Is this against the rules?
@TheBrokerLife3 жыл бұрын
Are you wanting to rent it nightly? If so then yes it’s against the rule but I haven’t heard about people doing that being hassled 🤷♂️
@NoDripp23 жыл бұрын
Would I be able to do this if I got an apartment and rented the rooms
@TheBrokerLife3 жыл бұрын
no most likely not
@RodneyO3 жыл бұрын
I’m an investor in California looking to get a condo in one of the 5 resorts you mentioned. Would I have issues making it a short term rental? (I’m also a huge raiders fan and will be in Vegas a lot during the season). Can we chat?
@TheBrokerLife3 жыл бұрын
Of course 👍 give me a buzz and we can chat 702-810-6039 I would suggest mgm signature, Vdara or palms place if you want to manage it yourself. Trump is ok if you just want to have the front desk manage it for you. They charge too much to owners who manage their own rentals.
@katrinadixon58812 жыл бұрын
I live in California too. Just getting information so that I can start.
@ericknovamx4 жыл бұрын
Very good content! I'm personally looking for a rental in Las Vegas. Can you help?
@TheBrokerLife4 жыл бұрын
My leasing agent does only high rise condos. Are you looking for a high rise?
@PinoyCavite2 жыл бұрын
Hey Steve, your video is very helpful! Please pm me! I have a house property outside Rhodes Ranch, with no HOA. My tenant is leaving at the end of Dec 2022. I would like to know if I can go with Airbnb or stay with a normal tenant. Please pm!
@MiaAdultTalent3 жыл бұрын
Sucks because we can’t know the details on hotel condos until we’re in escrow
@_regfire_2998 Жыл бұрын
Hi there, how can i contact you?
@TheBrokerLife Жыл бұрын
702-810-6039 Info@lasvegashighrisecondoliving.com
@quann063 жыл бұрын
I was going to do AirBnB but my dad was on the strip staying at Excalibur. It would have cost too much from where the AirBnB’s were to go to see him and his wife and then go back to my AirBnB to sleep.
@Jeanninecomeau3 жыл бұрын
So you don't need a license or anything to do a 30 day rental. Good to know
@aceibanez94273 жыл бұрын
So you can finance on some of these high rise locations. Currently just went into contract with one of the properties that he said here that needed to be purchased 100% with cash. Contacted Steven and he refused to look more into it with me and by that he lost out on a commission check. Please please please get your information right before making videos and sending the wrong information to potentially buyers. You can finance on some of these properties please check with another real Estate agent for accurate results
@TheBrokerLife3 жыл бұрын
Which project did you go under contract, with financing, that i said you could not? Not sure if you did call me.
@Charliesportscard_3 жыл бұрын
I’m looking for a 300k house in Las Vegas and I want to do Airbnb and I’m from Long Beach ca
@TheBrokerLife3 жыл бұрын
Do you want to do nightly or do you want to do monthly Airbnb rentals?
@Charliesportscard_3 жыл бұрын
@@TheBrokerLife monthly
@kevynzambrano32763 жыл бұрын
Could I buy you a coffee and sit down with you to ask you more question
@ednaviera82942 жыл бұрын
We Need a house for a weekend 9/23/22 to 9/25/22 anyone??