Airbnb & VRBO Performance in Owings Mills Maryland.

Short-Term Rental Regulations in Owings Mills, Maryland for 2024

Registration and Licensing

• All short-term rental properties must be registered and licensed with Baltimore County. The license fee is $60 per unit, and the license is valid for three years.

Eligibility

• Short-term rentals are only allowed in primary residences. Investment properties and secondary homes are not eligible for short-term rental licenses.

Property Requirements

• Properties must meet health and safety standards, including working smoke and carbon monoxide detectors, fire extinguishers, and proper emergency exits.
• For properties built before 1978, a lead inspection is required as part of the licensing process.

Guest and Stay Limitations

• Hosted rental units may be rented for a maximum of 180 days per year, while un-hosted rental units may be rented for a maximum of 120 days per year.
• Single-family detached dwellings may host up to eight guests but no more than two guests per bedroom. Single-family attached and semi-detached dwellings may host up to four guests but no more than two guests per bedroom.

Neighbor Notification

• Hosts must inform their immediate neighbors of their intention to operate a short-term rental and provide contact information.

Tax Compliance

• Hosts must collect and remit an 8% hotel tax on all bookings, in addition to the 6% Maryland lodging tax and any applicable sales and use tax.

Parking

• A minimum of one parking space per two guests is required.

Inspections

• Properties may be subject to rental inspections similar to those required for long-term rentals.

Prohibited Uses

• Short-term rentals cannot be used for private parties or special events. Hosts must ensure compliance with Bill 101-18 – Social Host – Unruly Social Gatherings.
• Accessory Dwelling Units (ADUs) cannot be used for short-term rentals.

Compliance and Enforcement

• Violations of these regulations can result in fines, penalties, and the suspension or revocation of the short-term rental license. Owners have the right to appeal decisions to the Administrative Law Judge.

Additional Requirements

• Hosts must ensure the property complies with waste collection schedules and other local regulations.

Top Neighborhoods Generating Airbnb Revenue in Owings Mills, Maryland

1. Owings Mills Central

• Appeal: Owings Mills Central is a hub for convenience, with close proximity to local attractions such as Walmart, Foundry Row, and Giant Food. Guests appreciate the easy access to shopping and dining options, making it an ideal location for both short and long-term stays.

2. Greenspring Valley

• Appeal: This area is known for its serene and private residential properties, such as "The Garden Studio," which offers a thoughtfully appointed 1-bedroom guesthouse on an acre of private land. Guests are drawn to the quiet quarters and the convenience of being close to the Baltimore beltway and local universities.

3. Pikesville

• Appeal: Pikesville is popular for its romantic and private accommodations, such as the "Private, Romantic Home For 2" and "Mother-in-law Suite With Seasonal Pool & Hot Tub." These rentals offer fully equipped kitchens, washer/dryers, and luxurious amenities like pools and hot tubs, making them appealing for couples and families.

4. Lochearn

• Appeal: Lochearn features modern and well-equipped rentals like the "Essex Place Luxury Apartment" and "Your Home Away From Home." These properties offer amenities such as modern kitchens, air conditioning, and private garden spaces, which attract guests looking for comfortable and stylish accommodations.

5. Milford Mill

• Appeal: Milford Mill is known for its cozy and discreet rentals, such as "Neat And Discreet----my Cul-da-sac Is Where It's At!" and "Classic Modern Colonial Home." These properties provide fully equipped kitchens, private driveways, and garden spaces, making them appealing for guests seeking a home-away-from-home experience.

Why These Neighborhoods Are Appealing

• Convenience and Accessibility: Close proximity to shopping, dining, and local attractions.
• Amenities: Fully equipped kitchens, air conditioning, pools, hot tubs, and dedicated workspaces.
• Privacy and Comfort: Serene residential areas with private properties and modern furnishings.
• Variety of Options: From romantic suites to family-friendly homes, there is a wide range of accommodations to suit different needs.
• High-Quality Reviews: Many of these rentals have excellent reviews, indicating high guest satisfaction and reliability.

Tips for Furnishing and Designing an Inviting Airbnb in Owings Mills, Maryland

Define Your Goals and Understand Your Audience

• Identify the type of guests you are targeting and what they might be looking for in an Airbnb. This will help you tailor the furnishings and design to meet their needs and preferences.

Measure and Plan the Layout

• Measure your rooms to determine the best layout. Ensure there is plenty of space to move around and that natural light sources are not blocked. This will make the space feel more spacious and functional.

Choose Timeless and Sturdy Pieces

• Opt for furniture that is easy to clean and maintain. Select solid, sturdy pieces that fit your theme and will last over time. Avoid flimsy or low-quality items, especially for high-traffic areas like sofas and dining tables.

Incorporate Smart Storage

• Use furniture with built-in storage, such as beds with drawers, wall hooks, pegboards in the kitchen, and stackable containers. This helps keep the space tidy and provides guests with designated spots for their personal items.

Select Space-Saving Furniture

• Consider space-saving furniture like sofa beds, folding tables, or ottomans with hidden storage compartments. These versatile pieces allow you to adapt the layout to your guests' needs.

Use Mirrors to Enhance the Space

• Mirrors can make your Airbnb feel bigger and brighter. Place them strategically to reflect natural light and create the illusion of more space.

Focus on Comfort and Practicality

• Ensure the bed is solid and comfortable, with a mattress that is at least 8 inches thick. Memory foam mattresses are more durable and easier to replace than spring mattresses. Use a mattress cover to extend its lifespan.

Add Local Touches

• Incorporate elements that reflect the unique style of Owings Mills, such as historic or local decor items, to give your Airbnb a distinctive character.

Equip the Kitchen and Bathroom

• Provide essential kitchen appliances like a coffee maker, microwave, toaster, and kettle. In the bathroom, offer high-quality, durable towels in neutral colors, and ensure there is enough storage for guests' toiletries and personal items.

Consider Accessibility

• Make your Airbnb accessible to guests with disabilities by including features like ramps, wide doorways, and grab bars in the bathroom.

Timing of Updates

• Plan furniture updates during the off-season or short gaps between bookings to minimize disruption to your guests. This ensures your place remains in top shape for visitors.

Attention to Detail

• Pay attention to small details such as providing a hairdryer, basic toiletries, and a first-aid kit. These can make a significant difference in the guest experience.

Local Attractions and Insider Tips for Owings Mills, Maryland

Attractions

Shopping and Retail

• Mill Station: A 620,000-square-foot retail development featuring numerous name-brand stores, dining options, and an AMC theater.
• Foundry Row: A shopping complex developed from the former Solo Cup Company plant, with stores like Wegmans.

Parks and Outdoor Activities

• Northwest Regional Park: Known for its Ravens-themed playground and timed obstacle course. A great spot for families.
• Red Run Park: Ideal for walking your dog and observing local wildlife.
• Patapsco Valley State Park: Offers various hiking trails, including the Switchback Trail and the Hollofield Area, with scenic views and historical sites.

Cultural and Educational Sites

• Owings Mills Public Library: A modern, six-story library with extensive services, public computers, and a variety of events and programs. Part of the Metro Centre At Owings mixed-use complex.
• Irvine Nature Center: Located in the Caves Valley Historic District, offering 210 acres of land, a green exhibit hall, indoor and outdoor classrooms, and scenic trails.

Entertainment

• Gordon Center: A venue for outstanding performances in dance, film, live music, and family programs.
• Friday’s Creek Winery: A winery with a friendly atmosphere, beautiful surroundings, and a great selection of wines. Perfect for holiday gifts or special occasions.

Insider Tips

Dining

• Granny’s Restaurant: Known for its home-style dishes and comfort food. Popular items include Uncle Bud’s Pork Chop and Eggs and the Fried Chicken and Waffle dish.
• Don Tigre Mexican: A busy but efficient restaurant where you can get seated quickly and enjoy fresh chips and queso.

Community Events

• Gathering Food Trucks festival: An event featuring food services, great music, wine sampling, and an open bar.
• Local Festivals and Holiday Events: Neighborhoods often host community-wide yard sales, cookouts, and holiday events. Check the Owings Mills Recreation and Parks Council newsletter for updates.

Practical Information

• Metro Centre: Includes the northernmost stop on the Baltimore Metro, along with restaurants and shopping options. Conveniently located near Mill Station.
• Rosewood Center Redevelopment: While the former asylum is being redeveloped by Stevenson University, it is worth noting the historical significance and future educational use of the site.

By providing these attractions and insider tips, your guests can fully enjoy and explore the vibrant community of Owings Mills, Maryland.

Practical Tips to Run a Successful Short-Term Rental Business in Owings Mills, Maryland

To ensure a smooth and profitable short-term rental business in Owings Mills, Maryland, several practical tips can be implemented:

Noise Regulations and Guest Communication

Inform your guests about quiet hours and local noise regulations to maintain a peaceful environment and avoid potential fines. Include this information in both your digital and physical house manual to set clear expectations.

Comprehensive House Manual

Create a detailed digital and physical house manual that includes essential instructions, Wi-Fi passwords, and other important details. This manual should be easily accessible and cover all aspects of the property, from appliance usage to emergency contact information.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with clear instructions on how to access the property, along with photos and videos to help them navigate any specific steps.

Parking Instructions

Include detailed parking instructions with photos in your house manual to avoid confusion. This ensures guests know where to park and how to access the property without any issues.

By implementing these strategies, you can enhance the guest experience, reduce potential conflicts, and maintain a well-organized and efficient short-term rental business in Owings Mills, Maryland.

Here is a brief list of house cleaning services in Owings Mills, Maryland:

House Cleaning Services in Owings Mills, MD

Molly Maid

• Offers customized cleaning plans, no contracts, and a 24-hour warranty.
• Provides free in-home estimates and online quotes.

MaidPro

• Serves the entire Owings Mills area with various house cleaning and maid services.

The Cleaning Authority

• Offers free estimates and aims to provide high-quality cleaning services.

Cruz Cleaning Company

• Known for professionalism, punctuality, and great customer service.

Other Options

• Various individual cleaners and services listed on Care.com, starting at $17.87/hr.
• Additional providers listed on Angi, including reviews and ratings.

Short-Term Rental Management Fees in Owings Mills, Maryland: A Breakdown

In Owings Mills, Maryland, the fees for managing short-term rentals, such as those on Airbnb, can vary significantly depending on the level of service provided. Typically, these fees range from 10% to 30% of the rental revenue. Full-service management, which includes comprehensive tasks like guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum, often ranging between 20% to 30% of the rental income.

Basic services, which might only include essential management tasks, can be less expensive, potentially starting at around 10% to 15% of the revenue. Additionally, property owners may incur extra fees for services such as cleaning, repairs, or design enhancements, which can further impact the overall cost of management. Understanding these fee structures is crucial for property owners to ensure they are getting the best value for their investment while complying with local regulations.