This City just Banned all Short Term Rentals. Is Your Town Next?

In this episode of the Real Estate Education and Investing Podcast, Erin Spradlin and James Carlson, tackle two critical issues affecting property investors: Furnished Finder's new "worry-free waiver" program and a concerning short-term rental ban in Woodland Park, Colorado. They analyze Furnished Finder's deposit alternative which charges hosts $60-80 monthly for protection up to $3,500 in damages, highlighting numerous limitations including cosmetic damage exclusions and comparing it unfavorably to traditional landlord protection policies. The hosts argue that security deposits serve not only as protection but also as an essential tenant screening tool—if prospective tenants cannot afford a deposit, they likely cannot afford the rental itself. The second segment examines Woodland Park's citizen-led ballot measure that completely banned STRs without grandfathering existing permit holders. What's particularly alarming is a recent court ruling suggesting property owners have little chance of successful legal challenge, setting a potentially dangerous precedent unlike previous regulatory changes in Colorado communities which typically preserved existing STR permits. Throughout the episode, the hosts emphasize the importance of working with knowledgeable professionals who understand local STR laws and can help investors navigate the increasingly complex regulatory landscape.

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https://www.jamescarlsonre.com/
https://www.erinandjamesrealestate.com/