Airbnb in Colorado Springs

[Account Closed]

I sold a few items on craigslist to a guy who was setting up a house for airbnb here in Colorado Springs. He was absolutely divulged in the idea of Airbnb he even showed me some of the paid programs and seminars he attended. He created some interest and I said I'd follow up with him a down the road, I never heard back. What is your take on Airbnb here in the Springs?

[Tim Thornton]

@Account Closed The returns on vacation rentals/short-term rentals can be *very good* in Colorado Springs on the right property. One of the properties I manage is in the Old North End (and not the coolest part) but between Airbnb, VRBO, and the other channels I will definitely be writing checks to my investor/owner that are over twice his mortgage payment come summer (so that means after clearing all expenses). Not every property is going to be great--location, size, and how nice the property is makes a big difference--but even imperfect ones can do well.