All Forum Posts by: Jason Breton

@James Carlson Great detail - thank you! 

My mortgage is definitely not $4000k and it's a duplex, so I can spread the vacancy risk over two units and likely make a decent premium over LTR. I'm guessing, like STR, when renting furnished medium term units the tenant doesn't pay utilities - right?

I was at an Airbnb STR meetup last week in Denver and the tone doesn't sound good. Definitely don't want to end up with a felony. The fact it's even an option is ridiculous.

Regarding the Springs, do you know that market well? Are there pockets where Airbnb makes the most sense? 

Thanks again! 

@Andrew Myers Thank you! I’ve been thinking through the marketing piece and how to best to target certain market segments. My place is pretty centrally located and only 1/4 mile from a major Denver Hospital. Thinking about potentially seeing how to make inroads with Travel nursing agencies to get on a list of preferred housing. Might be overkill for only having one duplex though ...

@Jake Cohen Great feedback, thank you! Definitely want to figure out what to do post Airbnb, which is likely going to be an April - May decision. Glad to hear that medium term is solid in Denver. Where’s your place located? Do you target a particular market? Consultants, travel nurses, etc? Sounds like the people between homes is interesting one.

@Ethan Cooke Amazing insight and guidance. Thank you!

@Ethan Cooke Awesome, thank you! I’m inexperienced with medium term rentals. What’s the best way to understand demand and set pricing? What’s your typical vacancy rate? Any pitfalls you can share from your experiences? Thanks again!

@Ronnie Williams This is great advice - thanks! Is that how you’d determine demand / pricing?

@Eric P. My plan is to STR it until something happens and it's no longer feasible, but didn't think about medium term. Great idea, thanks! How do you gauge demand and set pricing? Ghost listings?

@Andrew Myers Great idea, thanks! I have no experience in medium term rentals. Are ghost listing a good way to gauge demand and estimate pricing?

@John Teachout Yes, regulation is tight now and prohibitive while the city is looking to tighten even further

@Eric P. That would make perfect sense, however having just bought the home recently w/ 90% LTV it hasn't appreciated enough to sell. I'm thinking through other creative ways to use a co-host on Airbnb to turn one into a LTR, while keeping the other a STR. Have you heard of other people doing that?