The law further states that there are no restrictions on how many rental properties a real estate investor can own and rent out as vacation home rentals. This law specifically targeted municipalities that were trying to restrict Airbnb investors from operating in the area. In 2017, the state of Arizona passed a new law announcing that cities, towns, and counties can’t place any restrictions on short-term rental properties because these properties are not classified as hotels. All Arizona Municipalities Must Allow Short-Term Rentals Here are the most important laws about Airbnb Phoenix to keep in mind: 1. First Things First: Phoenix Short-Term Rental Regulationsīefore buying an Airbnb investment property, there are some laws about short-term rentals that property investors need to understand. Read our 2022 analysis of Airbnb Phoenix Arizona here. Keep reading to learn why and where to invest in vacation home rentals in Phoenix in 2019.
Short-term real estate investors have found good fortune in Phoenix vacation rentals, which explains why many have turned their rental properties into Airbnb rentals.
On top of that, Airbnb Phoenix is one of the most popular markets in the vacation rental industry. The giant metro area features everything a real estate investor looks for in a location to buy rental property: a booming economy, population growth, affordability, low vacancy rates and more. This year, Phoenix ranked 7 th in Trulia’s Top 10 Housing Markets to Watch in 2019. The Phoenix housing market seemingly never falls off the charts for the best places to invest in real estate.
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