STR / airbnb Sunnyside?

[Jonathan Perham]

Hi BP Denver!

I'm currently considering purchasing a 3 bed/2 bath home in Sunnyside (north side near I-70). I travel for work which can be a challenge but I'm trying to leverage my time away to generate some cashflow. 

I plan on doing airbnb/short term rental 2-3 weeks per month, likely with a service company that handles a majority of the day-to-day as far as turnover and renter management. My understanding is that this would be fine legally since it is my primary residence.

Does anyone have any experience doing short term rentals in this area?

Any recommendations on management companies in the area?

Any info on estimating income, tips/tricks, etc are welcome!

Thanks!

Jon

[Herb Dorn]

Yes, Jon as an owner occupant, you should be fine (provided you go through the Denver licensing process). We did own a STR in Sunnyside and we used a friend who lives in the area and did a nice job. Happy to ask her if she wants to manage your property if you would like. One other thing is to make sure your insurance covers STR. I'm sure there are a ton of other members who have far more experience than me, ours just happened to be in Sunnyside. Feel free to reach out directly.