Airbnb laws in Colorado

[James Carlson]

The city of Arvada just legalized Airbnb and short-term rentals. What does that law allow? And what kind of short-term rentals are allowed in other cities like Denver and Colorado Springs? 

A few of the topics we'll cover:

• How Arvada will now allow for you to own up to 3 Airbnb properties.
• Other provisions of the recently passed Arvada law.
• An update on Denver's STR law and an interesting Airbnb-friendly condo development
• Whether Colorado Springs' latest Airbnb law has killed any investment opportunities there
• How medium-term furnished rentals might be a good alternative

Whether looking to utilize Airbnb in your house hacking model or wanting to buy a pure Airbnb investment property, we'll dive deep into what we know about the laws and then open it up for questions.

The event is FREE, but know that we are likely moving this online at: https://meet.google.com/nbg-cu...

[James Carlson]

A quick reminder that tomorrow at 6 p.m. we'll be discussing the ins and outs of Airbnb laws in Denver, Colorado Springs, and -- the newest law just passed -- in Arvada where the new ordinance allows for short-term rental investment properties. 

Here's just one example of an Airbnb deal in Arvada:

4br/2ba | 1700sf | $475,000, 10 minutes west of Olde Town, sleeps 10

$4,150/mo revenue (based off AirDNA estimates of $50,000 annual income)
- $2050/mo PITI (w/20% at 3.5%)
- $830 -- 20% STR management fee
- $300 -- utilities
- $200 -- repair savings
--------------------
$770 cash flow

And that's a conservative revenue estimate. If you bring it with the design elements and extra features -- game room, hot tub, outdoor space -- you can bump that up.