Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (4,887+)
Deja Fouts Hello biggerpockets community
12 October 2024 | 2 replies
We’re thrilled you've joined us.
Taylor Kendrick My starting point
14 October 2024 | 22 replies
Hey Taylor,Congrats on taking the first step into real estate investing..its a thrilling ride!
Connor Laux New Member of Bigger Pockets- Connor Laux
10 October 2024 | 3 replies
The real estate journey is a thrilling one, and it's even better when shared with folks who get the passion.Looking forward to seeing where your dedication takes you!
Varghese George durant, OK - anyone?
6 October 2024 | 5 replies
Heard through a friend as potential for cash flow even with current rates and growth potential due to proximity to TX north border, casinos etc.   
Samuel Koekkoek Need Advice: Renting vs. Buying in San Diego with $1.5M in the Bank
9 October 2024 | 13 replies
Stay Renting:Pros:We have a great deal on rent ($3,200 total, $1,600 each), which allows us to save, stay liquid and focus on growing the rental portfolio.We love the apartment.Cons:We’ll likely need to move in a year, and comparable places are around $4,000/month.I’m not thrilled about moving, and it feels like we’re just delaying the inevitable.Not getting any appreciation.I’d love to hear your thoughts.
Uri Frodis Wheelbarrow Profits Academy with Jake and Gino
11 October 2024 | 40 replies
I would be thrilled to take you up on your kind offers to speak in person, so I'll DM you.Thanks again!
Samuel Koekkoek Buying vs. Renting in San Diego
7 October 2024 | 8 replies
Stay Renting:Pros:We have a great deal on rent ($3,200 total, $1,600 each), which allows us to save, stay liquid and focus on growing the rental portfolio.We love the apartment.Cons:We’ll likely need to move in a year, and comparable places are around $4,000/month.I’m not thrilled about moving, and it feels like we’re just delaying the inevitable.Not getting any appreciation.I’d love to hear your thoughts.
Eric Nielsen Short Term Rental Beginner
2 October 2024 | 7 replies
I'm thrilled to begin my journey into buying short-term rental properties.
Greg Moore Anyone moving their investments to Bitcoin?
7 October 2024 | 190 replies
Its a magnet for grifters and fools, and the "investing" equivilent of going to that crummy casino in National Lampoons Vegas Vacation (?)
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.