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Updated about 5 years ago,

User Stats

50
Posts
22
Votes
Taylor Burns
  • Denver CO
22
Votes |
50
Posts

Airbnb Denver/ Aurora Colorado Newbie Question

Taylor Burns
  • Denver CO
Posted

Good morning BP! 

So I just closed on my first house! I have started fixing up minor things and painting interior to make everything look more modern. This is a 5 bed 3 bath ranch with finished basement. I have the master upstairs with it's own bathroom. Then I have 2 other rooms with a shared bathroom. This house is located about 15-20 minutes from DIA and 5-10 minutes from the UCHealth Anschutz medical campus.  

I have been kicking around different ways to rent this place out with me still living there. I am now looking to Airbnb my 3 upstairs bedrooms and then have the whole basement to live in. Before furnishing all of the upstairs rooms, I am looking for some help on this. 

Does anyone have advice on Airbnbing 3 bedrooms out of one home? Is this practicle or will it lower the value of the rooms dramatically? Also, looking for some advice on how in demand this area is for Airbnb, the zip code would be 80012. Any advice helps. I got into this home with an FHA loan so my PITI is $2380/month. Just looking to maximize my returns here so I can save up for down payment on property number 2. Any insight is much appreciated!

Thank you!! 

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