SHORT TERM RENTALS, A NATIONWIDE PROBLEM

By Darlys Walker

Published June 21, 2017

   

AIRBNB, VRBO, FlipKey and HomeAway are just a few of the companies who will rent your home out for a daily rate. These companies have shown, they could care less if your association documents have restrictions prohibiting short term rentals. As a result, many states are going to extremes in an attempt to mitigate the outcry from such rentals.

 

One example is Nashville, Tennessee. Nashville has become a popular destination for music lovers and musicians of all genres! With a lack of available hotel rooms, VRBO and AIRBNB have become an extremely popular means for renting accommodations. The city passed an ordinance that all unit owners wishing to rent their condo must apply and obtain a permit from the city. What they now have come to realize is that this simply opened the flood gates, for short term rentals, and made unit owners believe it was okay no matter what their documents stated.  The rentals have caused a number of lawsuits between unit owners and boards, heated disagreements between owners and calls to law enforcement are up 23% due to drunk and disorderly behavior of the “renters”. It has also been reported that several break-ins, property damage and sexual assaults have also occurred.

 

Clearly, no matter what state this happens in, it is going to take some legislation with teeth, to get it under control. Amending your documents just might not be enough!
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Darlys Walker, Founder and CEO of Condominium Concepts Management, Inc. (CCM), is recognized for her straight talk, subject matter expertise, and valued insights regarding real  

state management, leasing, and HOAs. Her company serves a diverse portfolio of properties, from 16-units up to 600 as well as large mixed-use developments.  

 

   From its beginnings in 2000, CCM has become a well-respected asset manager and now works with over 100 associations with 16,000 units served by over 300 employees. Darlys and her team deliver resources and responsiveness through six regional offices - in Orlando, Miami, Jacksonville, Charleston, Nashville and Atlanta.

  

   Darlys Walker is best known for her passion and precision, understanding that the only difference that matters in today's demanding marketplace is service delivery ... doing what is promised and what is right. She knows that every community serves two masters ... the property owner/developer and the resident/homeowner. "If we are not equally responsive to both, we are not doing our job," she states.  

 

   Her clients say it best: "Darlys really knows her stuff" ... "at the top of her profession and it shows in the caliber of her clients" ... "delivers quality resources that match up well with needs and expectations that are really rigorous."  

 

   She is a licensed Real Estate Broker in four states, holds an Associate's Degree in Marketing and has earned the Accredited Real Estate Manager designation from the Georgia Institute of Real Estate Management. Also she is one of few certified as a Lead-Based Paint Abatement & Removal Trainer in Georgia.

  

   Darlys Walker and her team have been selected to manage the condominium conversion process and day-to-day operations for many of the Southeast's most high-profile condominium communities including luxury high-rises, mid-rises and garden-style homes. Most recently she has been recognized as an expert in 're-versions' of communities from condominiums to leased homes, as well as repositioning projects. A visionary and a tireless perfectionist, Darlys demonstrates hands-on leadership, working individually with each client and staff associate to achieve defined business outcomes and satisfaction.  

  

  For more information about Darlys Walker and Condominium Concepts Management, Inc. please visit www.condominiumconcepts.com.

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