All Forum Posts by: Alex Bockey

@jamescarlson, thanks for the detailed reply! I'm a bit surprised at what you said, mostly because I'd been assured by others who had more experience that the pr requirement was something where you could show the city a bill to the address with your ID and it wouldn't ever come up again. I suppose that is still mostly in line with what you said, but your detail is a little different than my previous understanding.

@Account Closed
Good to know. Were you still able to make a profit and build your Airbnb profile?
I feel like if those goals were accomplished, then you still came out on top, right? That would still make running a second Airbnb easier. Or do you disagree? I'm interested in learning more about your experience.

@Luke Carl
I am paying attention to the local rules here. There are a lot of different people in my area doing exactly what I am. I find it hard to believe someone in Denver is able to run a blog with podcasts for the last 3 years about their 6 different airbnbs if what they are doing is illegal. I am only interested in running my business completely legally and ethically. I am being completely upfront with everyone I talk to, and I have already contacted my city hall to obtain my business license and pay all applicable fees. I'm quite familiar with Denver's laws regarding this, which I believe I've mentioned.
Also, I have a job, thanks. I've been saving money to start a business for about 8 years now, and I'm only 26.

How exactly is your comment helpful here? It seems more like an emotional, gut reaction to other experiences you've had, and not an attempt to build this forum.

@Thomas S. My previous response indicated that I'm on board to give out extra cash, though my initial post did not.

I haven't been offering money right away, out of a desire to get a better deal. So even though I've always had this as an idea I kept allowing landlords to say no without me offering that extra money. 

So yeah, I think I need to "flash the cash" right away to get them interested.

Thanks!

Thanks much for the replies!
@Nancy Bachety, What you say is true. I would definitely consider using my current place for Airbnb, but I'm splitting a studio with my boyfriend and dog, so we don't have much room for guests.
@Matt M. Denver does allow this, they just want it to be your "primary residence" which doesn't actually mean much. They also require a business license, tax, and written permission from the owner of the property.

@Paul Sandhu and @Jon Crosby, it's looking more like offering a share of profits or higher rent is the way to go. This is the advice I am getting from sources outside of Bigger Pockets as well.

Thanks again!

I'm trying to start an Airbnb in my hometown of Denver, CO. My plan is to rent from a landlord rather than save money to buy a place myself. This is because, due to my research, I should be able to start making income off of this method much faster.

My problem right now is finding a landlord who is willing to rent to me under the agreement that I will be using the place for Airbnb. I've stepped up my aggressiveness, with a certain number of places to view every week and a stronger and more confident speech for the landlords. However, I still have had no luck getting someone to agree. I have no history with Airbnb, and my credit is still in recovery (I have fixed all former debts, but my credit score has yet to catch up).

Does anyone have any advice? More importantly, is there anyone (especially in the Denver area) with experience doing this sort of thing that can offer advice?

After a bit more research, I actually think renting a place will get me started faster and earn some experience doing Airbnb with a little less risk involved.

Obviously I still need to be concerned about not violating a lease agreement by doing so and I would likely live on the property and lot or all the time.

Ownership is still the ultimate goal, but this looks a faster party to self driven income.

I am looking for my first property for AirBnB. I am thinking to go for location/view over space. Condos are cheaper than houses, and to my mind, a vacationer wouldn't care much about staying in a bigger place for their short stay, and would be more concerned with a good location and a nice view.

Thoughts?