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 (10,000+)
Cris Lowe ROBS 401K Rollover - Buy and Hold
3 October 2024 | 4 replies
I was under the impression that I could not pay myself from the cash flow out of the self directed IRA.   
Cole Meier Looking to Break into the Central VA Invest Friendly Agent Space
3 October 2024 | 2 replies
Starting early is smart, and I’m impressed!
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.
Osvaldo Guerra Best/safest cities for house hacking.
4 October 2024 | 13 replies
Our market has some pretty impressive buyer incentives in majority minority areas. 
Jake DeBoer financial planning tool
4 October 2024 | 14 replies
I've been playing with it for the past week and am very impressed as well.
Chida Truong Pace Morby Mentorship
14 October 2024 | 420 replies
And None of them can seem to verify a property they have actually bought.I watched a few of his videos and I was not impressed with the focus on over leveraging and using unsophisticated lenders in 2nd position while not using escrow or title.
Elizabeth Rose Where to buy fully furnished properties for STR and MTR?
1 October 2024 | 12 replies
His company is southern impression homes.
Tyler Kesling For Sale by Owner- Broker?
3 October 2024 | 10 replies
Apparently it wasn't that big of deal since it didn't make an impression on me enough to remember I did that.
Costin I. Cost Segregation - Partial Disposition and offsetting insurance proceeds
1 October 2024 | 15 replies
It may indeed be beneficial to explore the option of a partial disposition to accurately reflect the change in the property's asset composition and optimize tax outcomes.