![]() ![]() Also, they want to be able to hang out in a big open space and enjoy their time together, as well as a private space, like a smaller den or outside patio, where they can have an intimate conversation. Many visitors like to walk to the beaches or downtown, while others want a quieter environment. Guests like walkability, the proximity of the house to the things they want to do while here. When buying, think about what you look for when planning a getaway. Portsmouth Short-Term Rental Information BE A DESIRABLE RENTAL PROPERTY Middletown Short-Term Residential Lease Regulations ![]() All of these municipal regulations and geography need to be considered when shopping around. For example, Newport prohibits short term rentals (less than 30 days), while in Middletown, the time limits are looser but you need to live within 10 miles of the rental. And then the laws of each town should be considered. What happens if there is an emergency at the house and you’re not around to deal with it? You could hire a property management company, but those costs need to be factored in your calculations. You cannot live out of state and manage from there. In R.I., you must have a local point of contact to manage the property. So, if you want to buy a second home and make it available to rent, here are a few tips to consider. This is a great side business for us, and it can be for you too. So, as a real estate agent with 21 years of experience in financial services, I can recognize a good investment, and homes in this area continue to retain top value. My husband and I currently have two summer rental houses listed on AirBNB. With out-of-towners buying second homes here with ever-increasing speed, you have to be ready and stay the course to win big on your investment. While renting your home can be lucrative, it can also be a lot of work, and with demand for properties surpassing supply on Aquidneck Island, it can be hard to find an appropriate house. Clients of all kinds are asking me how to do it, where can they buy the right house, and how do they stand out in the crowd. Renting property is so popular in and around Newport that everybody wants a piece of it. NTW will update the story when new information is verified.Listing your RI home on AirBNB or VRBO is a great way to capitalize on your real estate investment. Police have not released the name of the victim who was reported to be in critical condition. It is unclear at this time if the incident is related to the alleged stabbing on Thames Street over the weekend. Max was a shining light in the world, and will forever be remembered as being full of generosity, life and love.” Max also loved to go fishing, and worked on a commercial fishing boat out of Sakonnet Point in Little Compton. “Outside of school, he loved to ride BMX. “Julian was in his last semester at the University of Rhode Island for business, and was about to graduate with high honors,” the post read. The investigation is on-going and there are “people of interest regarding the incident.”Īt approximately 3 p.m., Newport This Week was informed that a GoFundMe page has been started for 22-year-old Maximus Julian, of Little Compton, “who tragically passed away due to a random act of violence this past weekend,” according to the GoFundMe page. This morning, police said that one victim is in critical condition and the second victim has been released from the hospital. A felony stabbing took place shortly after midnight at a Thames Street property being run as an Airbnb on May 29, according to the Newport Police Department.
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