Rentals

Found 12 blog entries about Rentals.

Rental Needs: 

- 2+ bed, 1+ bath
- Must have a yard
- Renter has 2 dogs, 2 cats (older and well-behaved)
- Areas of interest: Bozeman, Belgrade, Three Forks, Livingston
- Budget: $1900/month and under 
- Month-to-month rent or open to a lease 
- Tenant has great references 
- Start Date: ASAP

If you know of any rentals coming up, please email me at Marisa@BuyBozemanHomes.com. 

Marisa Owen - Realtor
(925) 785-2596

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Sometimes locating the right information is impossible, especially when there are programs you don't even know exist!

Are you interested in Vacation Rental By Owner (VRBO) but don't know if local zoning approves it? 
The map below will provide a quick view of the area.  Interactive mapping is available -  search by a specific address to figure out what Vacation Rental Zoning area you are in.

Vacation Rental By Owner VRBO Zoning Bozeman

  • VRBO Interactive City Mapping System - this mapping system is pretty expansive.
  • VRBO Specifications, Application, and more

There are different Types of VRBOs in the City of Bozeman; Type 1, Type 2 and Type 3.  The below information was gathered from the city of Bozeman Short Term Rental website found HERE

"Short Term Rentals are defined in

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We are searching for a rental property! 

Location:
• West end of Bozeman

Wants:
• Unfinished Studio Apartment

Price:
• Up to $600 / Month
• Client is willing to help with yard work and some home maintenance to help lower rent - if possible!

Do you have what we are searching for? 
Call Tamara Williams today at (406) 223 - 6823

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We are searching for a rental property! 

Location:
• Bozeman
• Belgrade

Wants:
• 1+ Bedrooms
• 1+ Baths

Price:
• $600 - $1,200 / Month 
• Client is a handy man and would love to trade some rent for services - if possible!

Do you have what we are searching for? Call Tamara Williams today at (406) 223 - 6823

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We are searching for a rental property! 

Location:
• Bozeman

Wants:
• Month to Month Rental Preferred
• 2+ Bedrooms
• 2+ Baths
• No Pets

Price:
• $1,700 / Month Maximum

Do you have what we are searching for? Call Tamara Williams today at (406) 223 - 6823

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I want to touch on investing in Bozeman. Real Estate inventory for 2019 has continued to be lower than expected and prices have increased as you are probably well aware of. However, this results in more renters staying put where they are as buying their first home could be unachievable or more difficult.  While this is an unfortunate outcome of higher priced homes, let's dive into the how's and why's investing in Bozeman. I've created some questions to structure the conversation. 

5 REASONS WHY INVEST IN BOZEMAN:

1. Investing in the market is like investing in the stock market but can have greater returns in the long haul. 
2. If your cash is sitting in a checking account, it's collecting an insanely low interest rate per year. 
3. There are more

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With Bozeman housing prices increasing every year, is it still feasible to find a profitable rental property here in Bozeman? 

The short answer is YES. The rental market demand is STRONG and there are simply not enough rentals with the number of students and additional residents moving to Bozeman every year.  

RENTAL STATS

"In Bozeman, the most recent American Community Survey figures estimate that 56% of households are renters and 44% are owners." In looking back since 2000, the number of renters vs. owner households has maintained the same high ratios (55-57% of households). The distribution of the renter households vs. owner households has not significantly changed in the last 16 years. 

RENTAL INCOME

  • Right now (in 2019), we
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Looking for a 3 bed, 2+ bath unit in Belgrade

  • Must be available ASAP (January 2019)
  • Must allow 1 dog 
  • Rental Amount: Under $1650/per month
  • Prefer to have 1 car garage 

Rental options, please email the rental information to: Info@BuyBozemanHomes.com and Tamara@BuyBozemanHomes.com 

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In the last few years, the City of Bozeman has reinforced the how, where, what of renting out properties in Bozeman (VRBOs and short term rentals). There are numerous factors to consider (i.e. location, zoning, etc, etc) beyond this list, but this is to kick off the basics when shopping for a property that has investment opportunity. Specifically, this blog is looking at "a main house and ADU" as a rental property. 

  • Property Type: Main House and ADU (Accessory Dwelling Unit) 
  • Where: Located in city limits of Bozeman 
  • What: Review both HOA covenants and bylaws (or possible Property Management Company to verify) AND review the city of Bozeman ordinances for specific restriction language
  • Restrictions: The City of Bozeman has restrictions on
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Short Term Rentals in Bozeman City Limits

While in theory renting out your property seems manageable on sites like Airbnb, VRBO, etc, there are key items you should know before entering the process. The below applies to properties within Bozeman's City Limits. 

Here are some questions to guide you in the process: 

Can you apply for a Short Term Rental license before you purchase a property? 
The short answer is No. 

You saw your neighbor's property on Airbnb, so why wouldn't you be able to rent your property? 
The question to ask is, does your neighbor have the licensing in place to rent as a Short Term Rental? Pay very close attention to your zoning and going about the process the RIGHT way. 

Do you know what zoning your property is in

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