All Forum Posts by: Robin Searle

I wanted to give an update on what happened at the Colorado Springs Planning Commission meeting today. The new regulations were presented and then multiple people spoke both for and against it - those against basically wanted to see it tweaked but weren't against the overall regulation. Several people spoke against STR's in general and some really are pushing for STR's to be ONLY allowed in a person's primary residence similar to Denver. Others want the number of permits to be limited like Manitou Springs. When it came to the vote, three of the six commissioners felt so strongly that STR's would change the face of neighborhoods that they said they too want it to be limited to only an owner's primary residence. The other three commissioners liked the ordinance as it was presented so the six commissioner's vote resulted in a tie.

The ordinance now moves on to the City Council with a neutral recommendation from the planning commission (due to the tied vote). I'm not sure if it'll be on the September or October City Council Agenda but will update as soon as we know. I believe we are in real danger of being overly regulated like Denver which will shut many investors and STR owners down so I'm asking any stake holder to keep an eye out and plan to attend the council meeting when it's announced and speak in favor of STR's. The planning commission seemed to give a LOT of weight to those who spoke so it's important that we have a large turnout when it comes to the city council. Many of us have significant investments so please speak up if this affects you!

@Tobin Bereznak yes some huge changes. Check out the FB page for Colorado Springs short term rental alliance for a link to the latest draft which will be presented to planning commission tomorrow Thursday at 8:30 am

Feel free to PM me for any information you need.  I've been a local agent for 8 years (top 10% in PPAR 2017) and also a local investor.  I'd be happy to recommend a couple of great lenders as well as property management.

@Benjamin Thompson I’ve lived in the Springs for the past 24 years and love it! I’ve been a licensed agent for the past 8 years. Our market has seen a lot of appreciation but I’m seeing a current cooling with longer days on market and an increase in price reductions. If I can help in any way just PM me. What part of the UK are you in? My husband is from Bristol and was in the Londen Met Police years ago!

@James Carlson - just curious where you saw this? I'm on the email list for the STR alliance and didn't get anything and don't see anything on the FB page. Really good news if they are at least considering this change!

Venmo has worked great for me. I also give the option of making a direct deposit at my bank.

I highly recommend Aaron Lieber of Brickley property Management.

I’ve been using Dave Mctague and his team at Premier One Home Inspections for 8 years and highly recommend him - can’t post his phone number but you can Google him.

@Dennis M. Thank you for that - good to know!  That is something we may want to do down the road.

@James Carlson Hi James - Yes, I'm the one who started the Change.org petition requesting removal of that section. In case you didn't know, there is a meeting scheduled with all STR owners and hosts at The Platinum Group Realtors at 6 pm on July 2. If the ordinance goes through (which I'm going to do my best to fight against!), I plan on applying for a variance. If that fails, I'll do the studio as a long term rental but that's not my preference.