Facing STR Issues with HOA - Seeking Advice.

Facing STR Issues with HOA - Seeking Advice.

Hello,

 

I own a condo and, prior to purchasing, I confirmed that I would be allowed to operate short-term rentals (STRs). However, the HOA is now threatening to fine me $100 per day. I have not received any complaints or issues from my guests, and I’m unsure how to move forward.

Does anyone have any advice or insights on how I can resolve this situation? Is there a way to continue making income from my property without violating the HOA’s rules? I have a hearing scheduled where I plan to provide proof that I was initially permitted to do STRs.

 

Please, I’m going through enough and would really appreciate helpful advice. No nasty comments, please.

 

Thanks in advance for your support!

 

- SVEN

1 Reply 1
Helen3
Top Contributor
Bristol, United Kingdom

Hello @Sven-Grp0 

 

Sorry to hear this . As you had confirmation in writing from your HoA that you were allowed to do STR prior to purchase I would use that to negotiate with them. 

however HOAs can bring in anti STR regs at any time so it's always a risk to buy an STR investment property in one.  It would be strange if the HOA didn't have a meeting at which it was discussed or board papers owners have access to where introduction of an STR ban was discussed .

 

what does the new regulations say ? Can you do long term rentals  instead.

 

i would definitely pause your listing while you talk to them and see if they will let you honour the booking you have. If not you will need to cancel them. 

you say you haven't had issues with your guests - what about your neighbours have they? Did you talk to them about your plans? 

good luck 

 

difficult to comment further I can see you have a profile that says you're a property manager but there is no listing attached and it shows you are a guest not a host .