Vacation property in Summit County, Colorado (Frisco Area)

[Logan McConnell]

Hi, I am interested in purchasing a vacation property in Summit County, Colorado .  Me and a couple other investors want to go in on a property to minimize our costs during slow times where people are not renting the place.  We would like to make it a short term rental available year around.  We would like to buy a condo or apartment that is fairly low maintenance.  We could manage the airbnb and cleaning service or let the property management do that.  My friend has a place in Beaver Creek that is ski in/out and the management company takes 38%.  I am assuming you can do a lot better when you are out of Beaver Creek and have a simpler building to maintain.  I would like to run some comps for what other airbnbs go for throughout the year, how often they were available, how often they were booked, etc.  But it seems like that data is hard to come by.  Does anyone have experience in this market and can provide me with some info.  It would be nice to model out the projected gross rental income per year based on some solid data.  this information could help us determine our purchase price range and risks.  Thanks in advance for any information.   

[Tanya Delahoz]

Hi Logan,

I'm a real estate investor and brokerage owner in Breckenridge. I have clients all over the world buying property here in Summit to short term rent. I can help you navigate the market, talk to you about rental revenue projections and even long term renting during the off seasons. Feel free to reach out!