Revised rental rules

Albuquerque, NM (KKOB) — Rio Rancho has revised their short-term rental ordinance, expanding the times someone can rent their house. Mayor Greg Hull says there was a lot of complaints about the restriction of only allowing rentals once a week, or 52 times per year. Now, Rio Rancho homeowners can rent a property 7 times in a month, up to 84 times a year. The compromise also has no restrictions for Air-B-N-B or Verbo rentals in October, because of Balloon Fiesta. The City Council approved the changes on Monday.