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Results (10,000+)
Michael Peters Vetting Management Companies - Questions To Ask?
9 October 2024 | 15 replies
-Are you open to a bonus/penalty system, for the overall occupancy and financial performance of the property?
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.
Jessica Althoff Seeking Strategic Gap Funding Partnerships
3 October 2024 | 9 replies
be careful of those offering to do these deals and wanting commitment money up front 95% of those will be fakes and will just steal your money.. you have to realize that gap funding behind HML is by far the most risky loan anyone can make in real estate .. so u may not have many if any takers on this unless your offering a big equity upside bonus and more of a partnership.
Devin Bost How to ship stuff to your property
3 October 2024 | 6 replies
I bought mine because it was cool and cheap, the in garage deliveries were just a bonus
Melanie Baldridge Is this one of the best ways to build long term wealth?
3 October 2024 | 1 reply
Do a cost seg study and take bonus depreciation to offset other income.
Cameron Kolling Mobile Home Park Depreciation
2 October 2024 | 9 replies
Lots of bonus depreciation opportunity.
Tate Kralik Exit strategy after total loss fire
3 October 2024 | 7 replies
Bonus question: what kind of impact does this have on my taxes and how do I file this?
Dennis McHugh Real estate professional tax question
30 September 2024 | 11 replies
Bonus depreciate it at 60% minus 25% for the land.
Michael Plaks EXPLAINED: "Real" cost segregation vs. DIY cost segregation
30 September 2024 | 9 replies
With the current 80% bonus depreciation, it translates into a $40k deduction and $10k in tax savings, give or take.