All Forum Posts by: Tyler Henry

Check out Evolve Vacation Rental

Mmmm, I love some Shakespeare's! I'll try and make some meetups when I'm in town this summer!

@Karl B.

It was a unique place to grow up, I think. It's definitely seem some growth and now has a lot of the comforts I didn't have growing up. I've only been to Beverly Hills once and I'd say the lake is a hard NO for the BH of Missouri, hahaha. The Plaza in KC might be the closest to Missouri's Beverly Hills.

I definitely recommend checking out the Lake this summer. There are plenty of STR's if you need a place to stay and lots of lakefront restaurants and bars for fun. It's usually not too hard to make friends with someone that has a nice boat too. Most people love to show them off.

Hey guys, I am from that area. I grew up at Lake of the Ozarks and went to school at Mizzou. Columbia has changed a lot since I lived there but there's obviously a strong rental market with the 3 big schools and many hospitals. It seems like the recent shift has been towards big time development, especially downtown, with all the 'high rise' apartments/mixed use buildings going in.

I haven't studied the market since getting into investing but there must be a good opportunity for smaller scale investors. There are a massive amount of duplexes from when I was in school. Those were the popular options when I was there and they are getting older now...which is good for us!

I've been interested in finding deals in both CoMO and LOZ since Denver is getting more difficult to cash flow. Keep in touch! I also think I'll be around the Lake and Ft. Leonard Wood area this summer for a couple months doing some training. Maybe I'll have a chance to meetup. 

@James Carlson

Thanks! I definitely get the most interest from FB but haven't looked at those groups, I'll check it out.

@James Carlson Hey James! I've been renting rooms in my Aurora house for a little over a year as well! I do  live in this property though. I wanted to ask if you'd share how they found their tenants? I have the Master bed/bath available now and am having a difficult time finding a quality tenant. I've already reduced the rent to what I'm charging for the other rooms that are smaller and don't have a private bath. Could it be the time of year?

Hey Wesley,

Have you had better luck using Turo or other car sharing apps? I'm considering it here in Denver as well.

@Drake Schmid

I'd like to know more about your thoughts on quality long term rentals around the lake. I'm assuming they'd be best by the schools or hospital, what about a little outside of town/down less popular lake roads? We should touch base.

Hi Brent,

I don't personally have STR experience here(yet) but I did grow up in this area and I work at one of the largest STR PMs in the country on a team that works with investors and others interested in buying homes with the intent of using it as a rental.

I can tell you the area is highly seasonal, as you probably already know, but you’ll be able to make some income. The other thing to think about is your personal usage. If you’re looking to make a certain amount of money AND use it for your own vacations, you’ll likely have to weigh the opportunity costs of staying there vs keeping it open for bookings.

Remember, using it personally will not only be money out of your pocket for vacation but also money lost in rental income. 4th of July, Memorial Day, and Labor Day could potentially cost you thousands if you use it personally. 

Message me if you’d like to speak more about it. I can also connect you with my team who can talk actual market data with you. 

I've sat down with these guys. Sure, they have a good pipeline of properties but certainly analyze the properties on your own. The sales reps don't have experience and most likely have no idea what they're doing...but they will send you leads and get you into properties, which is worth something. About every other month I get a new 'Rep' so the turnover is high, which also says something.