Account Closed
PEP fund with Lane Kawaoka
15 October 2024 | 69 replies
Of course have no clue to his background in RE but it seemed to me on the surface this was a new venture for him and it certainly looks like he got over his ski tips.
Alan Asriants
Is this an end to Wholesaling?
30 October 2024 | 236 replies
IN 2005 there was a builder in Vancouver WA who got over his ski tips and built 25 duplexs all at once but only sold 5 in 6 months and their bank was hounding them..
Dawn Johnson
Virginia Tenant claims month-to-month & moving out 11/8
11 October 2024 | 4 replies
One thing I try to remind myself is that enforcing a lease is a LAST RESORT not a first option.
Jefferson Black
Old, Small Multifamily HVAC
10 October 2024 | 13 replies
Using that space would be a last resort, but it is an option.
Lexie R.
New to Landlording and Perplexed
10 October 2024 | 24 replies
After multiple attempts over the course of weeks we will eventually resort to changing the locks.
Madheshwaran R.
Seeking advice on New condo for STR
10 October 2024 | 28 replies
So far, I've checked SunDestin, Destin Seafarer and Pelican Beach Resorts, along with a few others.
Meghan Begue
Is Colorado's Multifamily Market Still a Good Bet for New Investors?
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.
Rene Hosman
Pre Event Intro - If you're coming to BPCON2024 let us know who you are!
12 October 2024 | 54 replies
I could find people fairly easy.Add the excitement of a hurricane off the coast (resort shut down at 9 PM so workers could safely get home).
Lance Turner
Grand House Hack
7 October 2024 | 5 replies
The property has a resort feel and would be a great STR.
Ruth Reyes
Condos that allow short term rentals?
2 October 2024 | 6 replies
Hey @Ruth Reyes, I agree with both @John Underwood AND @James Carlson.I never really look hard at condo's due to the HOA fees and the fact that a controlling member can rule the roost.For example we almost bought a ski condo at the Inn of the 7th Mountain in Bend Oregon.