Airbnb & VRBO Performance in Fairmount Heights Maryland.

Short-Term Rental Regulations in Fairmount Heights, Maryland for 2024

While specific regulations for Fairmount Heights, a municipality within Prince George's County, are not detailed in the sources provided, the regulations for Prince George's County, which apply to Fairmount Heights, can be outlined as follows:

General Requirements

• Primary Residence: The rental property must be the host's primary residence.
• Ownership: The host must be the owner of the property.

Licensing

• Short-Term Rental License: A 1-year short-term rental license is required, costing $165. The application involves submitting various forms and notifications, and a temporary license is issued for 90 days before being converted to a permanent license if all requirements are met.
• State-Level License: In addition to the county license, hosts must also register with the Maryland Short-Term Rental Commission and pay an annual $100 licensing fee.

Notifications and Approvals

• Neighbor Notification: Notify adjacent neighbors and the HOA/Condo association by submitting the necessary notification forms.
• HOA/Condo Approval: Ensure that the HOA or condo association allows short-term rentals.

Guest Limits and Parking

• Maximum Guests: 8 adults maximum per stay, with 3 adults maximum per bedroom.
• Parking: Provide at least 1 parking spot for every 3 guests.

Insurance and Safety

• Liability Insurance: Maintain liability insurance of at least $1,000,000.
• Emergency Contact Information: Post emergency contact information conspicuously in the interior of the rental.
• Life Safety Devices: Ensure all life safety devices and measures are up to date and in good working order.

Compliance with Codes

• Building and Safety Codes: Comply with all applicable building, fire, health, and safety codes.
• Property Maintenance: Ensure the property has no outstanding taxes or liens and no code violations.

Taxes

• Room Rental-Transient Tax: A 7% tax is collected by the rental platform (e.g., Airbnb, VRBO).

Additional Municipal Requirements

• Local Inspections and Licenses: Certain municipalities in Prince George's County, including Fairmount Heights, may have additional license or inspection requirements. It is important to check with local authorities for the most up-to-date guidance.

Other Requirements

• Human Trafficking Training: Complete Human Trafficking Training videos and quiz.
• Trash and Recycling: Provide two outdoor trash and one recycling receptacle.
• Maximum Rented Nights: Limit rentals to a maximum of 180 total rented nights per year, with no more than 90 non-hosted nights per year.

For the most current and detailed information, it is advisable to contact the local authorities in Fairmount Heights or refer to the official Prince George's County resources.

Top Neighborhoods for Airbnb Revenue in Fairmount Heights, Maryland, and Their Appeal

While specific neighborhood-level data for Fairmount Heights, MD, is not extensively available, we can infer some insights based on the broader context of the area and nearby regions. Here are some considerations and nearby areas that might be appealing for Airbnb investments and guests:

Nearby Areas with Potential

Since detailed data on Fairmount Heights itself is limited, here are some nearby areas that are known for their potential in the Airbnb market:

1. Silver Spring, MD

• Appeal: Silver Spring offers a vibrant downtown area, proximity to Washington D.C., and attractions like the AFI Silver Theatre and Cultural Center, Brookside Gardens, and the Rock Creek Trail. These amenities make it highly attractive for guests.
• Revenue Potential: With a median occupancy rate of 71% and an average daily rate of $99, Silver Spring is a profitable location for Airbnb hosts, generating an average annual revenue of $25K.

2. Annapolis, MD

• Appeal: Annapolis is known for its historic charm, waterfront activities, and proximity to popular tourist destinations. Properties here, especially those close to downtown Annapolis, are highly sought after by guests.
• Revenue Potential: Annapolis offers strong revenue potential with properties like the one on Timber Creek Drive having a cash on cash return of 6.37% and being located minutes from downtown.

3. Ocean City, MD

• Appeal: Ocean City is a popular beach destination with attractions like bay views, sunsets, and various outdoor activities. This makes it an ideal spot for families and vacationers looking for a coastal getaway.
• Revenue Potential: Properties in Ocean City, such as the one on 26th Street, can offer a cash on cash return of 5.66%, indicating a profitable short-term rental market.

Why These Areas Are Appealing

• Proximity to Tourist Attractions: Areas like Silver Spring and Annapolis are close to major tourist attractions, making them convenient for guests.
• Amenities and Activities: These locations offer a range of amenities such as theaters, parks, and waterfront activities that enhance the guest experience.
• High Occupancy Rates: Neighborhoods with high occupancy rates, such as Silver Spring with a 71% median occupancy rate, ensure consistent revenue for hosts.
• Competitive Market: While there is competition, areas like Cambridge and Rock Hall have a moderate level of market saturation, allowing new investors to establish a competitive presence.

Given the lack of specific data on Fairmount Heights, investing in or near these areas could provide similar benefits and appeal to guests due to their proximity and amenities.

Creating an Inviting Airbnb in Fairmount Heights, Maryland: Design and Furnishing Tips

1. Incorporate Local Style and Charm

• Reflect the classic and homey style of Fairmount Heights by incorporating elements like exposed brickwork, wooden accents, and traditional decor. This will help guests feel connected to the local culture and architecture.

2. Utilize Vertical Elements

• Add interest to your space by incorporating vertical elements such as painted ceilings, chandeliers, or textured ceilings. This can enhance the visual appeal of your Airbnb and make it more attractive in photos.

3. Optimize Storage and Functionality

• For smaller spaces, use creative storage solutions like combining a 4ft plant and a standup mirror instead of a dresser. Ensure there is sufficient storage in closets to compensate for the lack of a dresser.

4. Add Pops of Color and Interest

• Use vintage books, coffee table books, and small knick-knacks to add color and interest to your space. These elements can make your Airbnb more engaging and photogenic.

5. Provide Essential Amenities

• Ensure your Airbnb is well-equipped with essentials like a full kitchen, washer/dryer, and high-speed internet. These amenities can significantly enhance the guest experience and make your listing more appealing.

6. Create a Cozy and Comfortable Atmosphere

• Include comfortable furniture, such as a king-size bed and a futon, to ensure guests have a pleasant stay. Add touches like a fireplace or a wood-burning stove for colder months to create a cozy atmosphere.

7. Maintain Cleanliness and Organization

• Keep the space clean, neat, and well-maintained. Pay attention to details like providing laundry detergent and ensuring the shower is in good condition. This will reflect positively in guest reviews and ratings.

8. Leverage Outdoor Spaces

• If available, highlight any outdoor spaces such as a private back deck or a backyard with a treehouse. These areas can be a significant selling point and provide guests with additional amenities to enjoy.

9. Ensure Easy Accessibility

• Provide a private entrance with a keypad or touchpad for easy access. This adds a layer of convenience and security for guests, making their stay more comfortable.

10. Consider Family-Friendly Features

• If targeting family-friendly bookings, include features like a playpen, play equipment, or a pool. These can make your Airbnb more attractive to families and enhance their overall experience.

Discovering Fairmount Heights, Maryland: Local Attractions and Insider Tips

Local Attractions

Historic Sites

• Fairmount Heights Historic District: Listed on the National Register of Historic Places, this district encompasses six subdivisions developed between 1900 and 1923. It includes 301 contributing resources and is significant for its community planning, development, politics, and African-American ethnic heritage.
• Henry Pinckney House: Built around 1905, this historic resource is notable as the home of Henry Pinckney, who served as a steward to President Theodore Roosevelt.
• William Sidney Pittman and Portia Washington Pittman House: Built in 1907, this house was the residence of prominent architect William Sidney Pittman and his wife Portia, daughter of Booker T. Washington.
• Fairmount Heights Methodist Episcopal Church: Constructed in 1911, this church is a historic resource and a cornerstone of the community.

Landmarks and Monuments

• World War II Monument: Erected in 1946 to honor the citizens of Fairmount Heights who served in the Armed Forces during World War II.
• Charity Hall: Built in 1908, this documented property was used for social events, as a church, and as the community’s first school.

Community and Cultural Sites

• Fairmount Heights African American Signage Trail: A visual trail marking important historic landmarks and resources in the town, established with a grant from the Maryland Department of Housing and Community Development.
• Masonic Lodge No. 92 & The Columbine Chapter O.E.S.: Chartered in 1928, this lodge is a historic resource and a significant community gathering place.

Educational and Historical Buildings

• Fairmount Heights Elementary School: The original building, constructed in 1912, is now used as a church. The current school building is a part of the Prince George's County Public Schools system.

Insider Tips

Getting Around

• Use the Washington, Baltimore and Annapolis Electric Railway: Although the railway is no longer in operation, understanding its historical significance can help guests appreciate the town's development. The nearest station was at Gregory Station in Seat Pleasant.

Community Events

• Attend Local Events: Check the town's official website or social media channels for upcoming events and community activities to get a feel for the local culture.

Dining and Shopping

• Explore Local Eateries: While specific recommendations are not listed, encouraging guests to explore local eateries and shops can help them experience the authentic flavor of Fairmount Heights.

Historical Tours

• Self-Guided Historic Tour: Provide guests with a map or guide to the Fairmount Heights Historic African American Signage Trail, allowing them to explore the town's rich history at their own pace.

Community Engagement

• Encourage Volunteer Work: Suggest that guests participate in local volunteer opportunities or join community groups to get a deeper connection with the town and its residents.

By sharing these local attractions and insider tips, you can help your Airbnb guests have a more enriching and memorable experience in Fairmount Heights, Maryland.

Practical Tips to Run a Successful Short Term Rental Business in Fairmount Heights, Maryland

To ensure the success of a short-term rental business in Fairmount Heights, Maryland, several practical tips can be implemented:

Noise Regulations and Quiet Hours

Inform your guests about the local noise regulations and quiet hours to maintain a harmonious environment. Include a section in your house manual and a welcome message that clearly outlines the quiet hours and any specific noise restrictions in the area.

Digital and Physical House Manual

Create both digital and physical house manuals that include essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This manual should also cover house rules, including noise regulations, to ensure guests are well-informed and respectful of the property.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with a unique access code and detailed instructions on how to enter the property. This not only enhances convenience but also reduces the likelihood of key-related issues.

Parking Instructions with Photos

Include clear parking instructions in your house manual, accompanied by photos to help guests understand where and how to park. This can prevent confusion and potential parking violations, ensuring a smooth and stress-free experience for your guests.

By implementing these tips, you can enhance guest satisfaction, reduce potential issues, and maintain a positive reputation for your short-term rental business in Fairmount Heights, Maryland.

Here is a brief list of house cleaning providers in or near Fairmount Heights, Maryland:

House Cleaning Services

M & V Capital Cleaning Services

• Located in Fairmount Heights, MD
• Specializes in comprehensive cleaning services for residential and commercial properties, focusing on quality and customer satisfaction.

Merry Maids

• Although primarily based in Hyattsville, MD, they may serve nearby areas including Fairmount Heights.
• Offers house cleaning, apartment cleaning, maid service, housekeeping, and move in/out cleaning services.

Molly Maid of Central Prince George's County

• Based in Upper Marlboro, MD, but serves areas including Hyattsville and potentially nearby Fairmount Heights.
• Provides customized cleaning plans with no contracts and a 24-hour warranty.

Short-Term Rental Management Fees in Fairmount Heights, Maryland

In Fairmount Heights, Maryland, short-term rental management fees can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management, which includes comprehensive tasks such as guest communication, marketing, and maintenance coordination, tends to be on the higher end of this spectrum, often falling between 20% to 30% of the rental income. In contrast, basic services that may only include listing and booking management might incur lower fees. Additionally, property owners may need to consider extra fees for services like cleaning, repairs, or design enhancements, which can further impact the overall cost of managing their short-term rentals.