In this episode of the DownbeachBUZZ Real Estate Webcast, we discuss stricter mortgage requirements for condos.
Also on the agenda, Ventnor considers new rules for short-term rentals. 3 day minimum? One week minimum?
Guest experts:
Sherri Lilienfeld of Apex Prime Realty & EXP Realty
Mortgage pro Paul Szalich of GuaranteedRate.com
We absolutely need a minimum number of nights. I would suggest a minimum of three night rentals. Six nights would be more beneficial. It would also help to try to limit the number of vehicles renters could bring because a single rental could have a dozen cars that could make parking inaccessible to residents