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Updated almost 6 years ago on . Most recent reply

User Stats

14
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5
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Kristofer Kersnick
  • Lender
  • Denver, CO
5
Votes |
14
Posts

Air Bnb Denver/Lakewood

Kristofer Kersnick
  • Lender
  • Denver, CO
Posted

Hello!

I am hoping to find someone that currently does short term rentals with Air Bnb in the Denver/Lakewood area.

I am searching for small multi- families and single family detached properties to house hack in the area . I have two tenants lined up to rent two different rooms, but I am curious as to what I could do with the remaining room or two. It is my hope that Air Bnb will provide flexibility as well as increased cash flow compared to a long term renter.

My questions for you are:

How often does your room get booked?

What kind of amenities do you offer?

What is the going price per night for one room?

What kind of tenants do you typically get?

I would also appreciate any other advice you may have!

Thanks!

Most Popular Reply

User Stats

87
Posts
66
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Ryan Riches
  • Real Estate Broker
  • Denver, CO
66
Votes |
87
Posts
Ryan Riches
  • Real Estate Broker
  • Denver, CO
Replied

Hey Kristofer! 

I operate 4 Airbnb units here in Colorado Springs. I have rented out just a single room in the past and here was my experience: 

In the summer months we were consistently above 80% occupancy. 

You will want to be sure that the room you are renting out has all the ammeneties you would expect in a hotel (linens, towels, toiletries, etc).

The rate you can expect varies greatly depending on your location. I would reccomend looking on Airbnb to see what properties like yours are listed for. You will want to start out slightly below market rate to build up your reviews. 

The guests that we got when renting out a single bedroom were generally tourists passing through. Most of our guests stayed for 1-3 nights, and we hardly saw them as they were out and about signtseeing and exploring the city. 

I hope this helps and good luck!

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