Las Vegas Short-Term Rentals MASSIVE CHANGES: Should Owners Be WORRIED? 🤔

Las Vegas Short-Term Rentals MASSIVE CHANGES: Should Owners Be WORRIED? 🤔

  • Dallas Tung
  • 01/22/23

Hello everyone, I'm Dallas Tung and welcome to the discussion about important rental regulations in Las Vegas!

As you may already be aware, Las Vegas is a hotspot for tourists. With such an influx of people coming and going, it's essential that Clark County creates regulations on short-term rentals to ensure the safety of both residents and visitors alike.

And today we're here to discuss just that - what you need to know before buying or renting out a property in Las Vegas as part of your investment portfolio.  So let's get into it! The most important regulation is the 24-hour complaint hotline set up by Clark County so that locals can report any issues with their neighbors' properties easily and quickly.  This has been incredibly beneficial as it allows residents peace of mind knowing they have recourse if something goes wrong.

In addition, all rentals must remain at least 1000 feet away from each other and 2500 feet away from resort casinos for safety reasons. Furthermore, only one property can be owned by each individual investor/owner which helps reduce overcrowding in neighborhoods with short-term rentals. Additionally, only 1% of houses in Clark County will be licensed for short-term rental use so this should also help keep things regulated. Finally there is a license fee ranging from $750-$1500 depending upon where your property is located in relation to casinos etcetera so make sure you factor this cost into your budget when planning an investment strategy around real estate here in Las Vegas!

I hope this information was helpful - thank you very much for watching my video today!

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As a top Realtor in Las Vegas and Henderson, I have worked with hundreds of buyers and sellers, delivering top-notch results in a competitive market. My many repeat clients are a testament to the value I provide and the trust and strong relationships I have built. People choose me for my reliability, unrelenting dedication, and friendly communication style. Delivering optimal results for you is my sole focus. What sets me apart in this is my drive to help you find the best opportunities, not just the most convenient ones. So, after I get to know you, your wants, needs, and goals, I’ll consult you on your options and craft a strategic roadmap leading to success. If you’re looking for the best luxury Agent who will always have your best interests at heart, call me today – let’s get started on making your real estate dreams a reality!

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