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Results (10,000+)
Cole Drennan Accepting new tenants
7 October 2024 | 3 replies
Would you average the credit scores, or take the highest as long as the low one does not have anything alarming in the details? 
Kristi Miller Has anyone started a STR cleaning company (or PM company)?
8 October 2024 | 14 replies
In fact, most of our cleaning headaches in the early days came from hiring b2b cleaning businesses who paid their subs really low wages to make their own margins.
Xavier Perera Seeking advice and a Mentor for starting out (I’m 21 )
7 October 2024 | 4 replies
This approach helps you build equity while keeping living costs low.
Melanie Baldridge how to use real estate to build wealth tax efficiently
7 October 2024 | 0 replies
Enjoy low tax cashflow year over year5.
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.
Dayana Castellon Low prices or bookings
3 October 2024 | 6 replies

How do you stay profitable during off-peak times? Do you lower prices, offer promotions, or focus on longer-term bookings?

Ian V. Can I rent out multiple bedrooms of a house separately while living in another state?
7 October 2024 | 5 replies
However, the ROI on the cheaper house seems kinda low if I rent out the property as a whole.
Tristen Hannah First Deal - Hidden Skeletons?
7 October 2024 | 3 replies
The rent:sqft is generally 1.0-1.3.List price seems on the low end of what I comp the property at.
Robert Bell Memphis is still the one!
7 October 2024 | 2 replies
The low entry costs allow investors to maximize their budget, while the expanding job market boosts demand for housing, creating opportunities for quick sales or rentals.
Ian Bower DSCR Loan Fees - More than expected... is this normal?
11 October 2024 | 27 replies
I would say that the UW fee seems low, but processing fee seems high, but they seem to balance each other out and the admin fee is kind of a junk fee.