
6 October 2024 | 11 replies
It’s about 1/2 hour away from Fond du Lac and West Bend, which are the 2 biggest cities nearby.

6 October 2024 | 1 reply
What’s your biggest question or concern about diving into the market here?

6 October 2024 | 36 replies
Biggest things are to make sure you get a very thorough inspection report and make sure you have very reliable contractors.

6 October 2024 | 12 replies
However, there are some challenges to keep in mind:Regulatory Variations: Regulations can vary widely between locations and are constantly evolving.Active Management: STRs require more hands-on management for guest turnover and communication.Additional Costs: Don’t forget about expenses for furnishings, cleaning, and possibly hiring a property manager.If you’re looking for STR-friendly areas, consider these locations, as others can be too expensive to consider, such as Snowmass Village or Aspen:Breckenridge: The most visited ski resort in North America, attracting around 3 million tourists each year.Steamboat Springs: A popular year-round destination for winter sports and summer activities.Keystone: Great for those wanting a less crowded resort experience.Divide & Florissant: Charming mountain towns close to Colorado Springs.Fairplay: Just 30 minutes south of Breckenridge, with an impressive 82% Airbnb occupancy rate.Cripple Creek: A former mining town now known for casinos and outdoor activities.Park County: Very Airbnb-friendly, though regulations may change.Here are some strategies to help you succeed in the STR market:Hybrid Model: Consider using some units for STRs and others for long-term rentals to balance income.Research Local Regulations: Always check the current rules in your target areas before investing.Year-Round Appeal: Focus on locations that attract visitors in all seasons.Quality Furnishings: Invest in quality to justify higher nightly rates and attract better guests.Dynamic Pricing: Use pricing strategies to maximize revenue during peak seasons while maintaining occupancy in the off-season.Stay Flexible: Be ready to adapt your strategy as the market and regulations change.While Colorado’s STR market offers exciting opportunities, it’s essential to approach it strategically.

8 October 2024 | 15 replies
My biggest problem with all of this is the constant undermining of hosts by the two heavyweights.

9 October 2024 | 39 replies
My biggest concern with blue ridge is cleaning companies and handy man services.

11 October 2024 | 40 replies
I joined J&G for a lot of the same reasons already mentioned, but the biggest one was I felt that they were genuinely interested in my success as a student.

5 October 2024 | 1 reply
For those who have been investing in rental properties, what are the biggest financing challenges you've encountered, and how did you overcome them?

10 October 2024 | 31 replies
Honestly, i'm not the biggest lover of being in the city..

3 October 2024 | 2 replies
What was the biggest mistake you made when you began investing in real estate?