|Rental policies?||<– Date –> <– Thread –>|
|From: Marty Roberts (martyrsonic.net)|
|Date: Tue, 8 Nov 2011 17:40:12 -0800 (PST)|
We here at Two Acre Wood in Sebastopol are in the thick of a discussion about home rental policies and amending our CC&R's. Many of you probably know about the law going into effect Jan. 1 that will not allow CC&R's to limit rentals if the don't already have this in their CC&R's.
We are looking at a proposal that no more than 3 of our 14 houses can be rented out at any one time. We have heard that with 50% rentals, homes would have a very hard time selling or getting financing.
Do others have policies like this and how are they working? Pros and cons?
Thanks, MartyP.S. Having a roommate in an owner occupied home is not a concern - it is only when the whole house is rented out by an absent owner.
Marty Roberts Productions Web, video, and event production Social media marketing Project design and management www.martyrobertsproductions.com www.facebook.com/MartyRobertsProductions www.linkedin.com/in/martyrobertsproductions 707.829.9191
Results generated by Tiger Technologies Web hosting using MHonArc.