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Updated over 6 years ago on . Most recent reply
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To Flip or to Airbnb?
Good morning,
I recently completed my last flip and I am kicking the tires whether I should just sell it or keep it as an Airbnb until I hit my year mark and 1031 it or pay long term cap gains instead of short term if I sell it then.
The house is a fully remodeled 5 bed, 2 bath at 72nd and Pecos in Adams County so I’m wondering if anyone here has experience with Airbnb in this area of Denver, what you are grossing monthly on average and if there are any Adams County rules that restrict Airbnb of non-primary residences (like city of Denver does).
Thanks in advance!
Tim
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Thanks for the shout out @Travis Rasmussen!
@Tim Walker I manage a property near 38th and Pecos and it does fairly well, but it is in Denver and very close to downtown. If you shoot me the address I'd be happy to provide my thoughts.