Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Short-Term & Vacation Rental Discussions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

26
Posts
13
Votes
Nathan Crankfield
  • Englewood
13
Votes |
26
Posts

How to work around strict STR laws?

Nathan Crankfield
  • Englewood
Posted

I am a new STR host here in Englewood, CO! I currently house hack and rent out my basement. I know when looking for a property and familiarizing myself with Denver area laws, it seems that all STRs have to be the primary residence of the host.

How do people workaround that? Have people been successful in Denver or other markets in negotiating with the city to allow you to operate an STR that is not your primary residence? We will make probably $2-3k/month just renting the basement, but if I could keep this house after we move out and continue to STR we could make $4-5k/month. If we rented both the upstairs and downstairs separately, I think we could really cash flow at $7-8k/month.

I'd appreciate any insight! I'm looking to invest in another market within the next 6 or so months. 

Most Popular Reply

User Stats

12,446
Posts
15,156
Votes
John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
15,156
Votes |
12,446
Posts
John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

Best thing would be to follow the law instead of skirting the law and hoping for the best.

  • John Underwood
  • Topic locked

    Loading replies...