A.D. CANTELMO REALTY/TONY CANTELMO
BROKER
TONY CANTELMO

A.D. Cantelmo Property Management Our Business is Property Management in Orange County California  

 

 

Are short term rentals hurting neighborhoods?

 

 

  I hear complaints all the time from people who own homes in neighborhoods that are being used for short term rentals. It seems that when one house allows this type of activity, then it spreads to other homes and before you know it, many of the homes in the neighborhood become Motel like businesses.

 

Now let’s be honest, most owners do not like any rentals in the neighborhoods and sometimes for good reason, but short term rentals really get people angry and it is understandable. Most people would not buy a property next door to a motel, especially if you have a family and children. Not knowing who is going to be occupying a residence from day to day or week to week can be a very scary proposition to parents and other people who are responsible for the people who live in their home.  Having short term rentals in a neighborhood that for years has had stable occupancies is no different than putting a motel right in the middle of that neighborhood.

 

Beach communities have been dealing with these issues for years, and some of the residence have been fighting back, but the courts will in the end be deciding what power local governments have when it comes to regulating these types of rentals. What the owners of these rental businesses will argue is that, they own the home and can do what they want. There argument is a strong one, they say that if you allow long term rentals, that is a business in a residential neighborhood also, so you can’t allow one type of rental and not another. I don’t know how you can argue against that. This is a very difficult issue and I am very sympathetic to home owners who buy into a neighborhood that they feel is a great place to raise their families and then a property right next door has different people week after week living there.

 

The problem is that there is so much money to be made in the short term rental business, especially in areas that have entertainment facilities close by.  If you have Convention Centers or Amusement Parks near a residential neighborhood, that area becomes a magnate for short term rentals and a once stable neighborhood can change very quickly. You can go to a neighborhood where one street becomes like a motel district and many of the homes are owned by one owner who is raking in the money.

 

Right now, there are a few areas where local governments are banning short term rentals, but most are just putting in laws that require permits to operate one of these businesses. That may bring in money for the local city, but it does nothing for the people who own properties in this new type of residential businesses. Right now, the best thing for you to do, if your neighborhood is being used for this type of business is put pressure on your city council to do something. If enough people get involved, you may have a good chance of finding a remedy for this situation before it gets out of control.

 

  A.D. Cantelmo Property   Management Specializes in Property Management in Orange County Ca.

Featured Listings

 

Email Agent

Enter your email address and I'll reply as soon as possible.

Type the characters

 
Realtor Equal Housing Opportunity Multiple Listing Service
 
 

What my clients are saying  

5 reviews 5.0 star rating 1/21/2016 I was tired of using a large management team to manage my investment property. I felt I was always on the back burner. I was recommended to Tony from a business associate, he assured me I would be very pleased. Well that was an understatement, Tony is amazing. He's above all honest and always available for my concerns. I'm not as well versed as other investors with property management and maintenance and tenant relations, Tony has been an excellent partner and has guided me through quite a bit of needed repairs and worked far beyond what was expected to help turn my little investment into quite a prosperous investment, If what your looking for is prompt return calls, honest direction and someone very knowledgeable with general contractors and real estate laws, Tony is your man. Angela

 

~ Angela

5 reviews 5.0 star rating 1/21/2016 I was tired of using a large management team to manage my investment property. I felt I was always on the back burner. I was recommended to Tony from a business associate, he assured me I would be very pleased. Well that was an understatement, Tony is amazing. He's above all honest and always available for my concerns. I'm not as well versed as other investors with property management and maintenance and tenant relations, Tony has been an excellent partner and has guided me through quite a bit of needed repairs and worked far beyond what was expected to help turn my little investment into quite a prosperous investment, If what your looking for is prompt return calls, honest direction and someone very knowledgeable with general contractors and real estate laws, Tony is your man. Angela

 

~ Angela

"10 out of 10 I am so Happy Since I left my old company and I joined AD Cantelmo Property Co I am stress free I live in a different state and this company watches my house and always Mr Tony Cantelmo is on top of things I really want to thank you for what you do for me and I would really Recomend this Company to any and every one Thank You again. Shawn" ------------------- "I need to trust the people I work with and I trust Tony. He stays on tops of things, communicates well, and gets things done. He not only gets things done but he gets things done the right way. Jim"

 

~ Shawn

More Reviews

Want to Know How Much Your Home is Worth?

Get Your FREE Home Market Analysis Report Right Now!

YES, SHOW ME NOW