Nashville, TN is a popular tourist destination and has a booming short-term rental market. Short-term rentals offer a great opportunity for investors to earn extra income by renting out their property for short stays. However, buying a short-term rental property in Nashville, TN requires thorough research and understanding of the local rules and regulations. In our full guide which you can get below, we will explore the current rules and regulations, the differences between non-owner occupied short-term rentals and owner-occupied short-term rentals, and a checklist to obtain a short-term rental permit in Nashville, TN.
What makes Nashville an appealing place to buy a short term rental?
Tourist spend:
- Tennessee had a record $24 billion in domestic travel spending in 2021
- Tourists in Tennessee spend an average of $66 million per day
Short term rental demand:
- Nashville has a shortage of hotel rooms to accommodate its 14.4 million annual visitors
- The average hotel room in Nashville costs $223 per night, making it one of the most expensive cities in the U.S.
- Short-term rentals, such as AirBnB and VRBO, provide a solution to the shortage of lodging options in Nashville
- Short-term rentals are in high demand, with some Nashville condominiums used as short term rentals sell out in a matter of weeks
- Short-term rentals offer investors, home buyers, renters, and vacationers a “recession proof” investment and a flexible way to enjoy Nashville
To receive the full FREE guide of HOW TO BUY A SHORT TERM RENTAL IN NASHVILLE:
Also, when you sign up for airbnb to be a host make sure to use our link here to get a little bonus!
