We were in a market peak about two and a half years ago.  

interest rates rose and peaked they are slowly retreating.I think the impact right this minute is buyers still not moving forward right now as they feel rates will drop in the next 6 to 9 mnths so they are going to wait to purchase then.. so in my mind its going to still be a little slow for a while.

., peak season, off-season, shoulder season).Weighted Average: Calculate the weighted average for the year by multiplying the expected rent by the occupancy rate for each season.

High-speed internet, a desk, good coffee etc will be different than a family staying for a vacation. 

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.

Being able to tailor terms and close quickly is definitely a game-changer, especially when traditional lenders can’t offer the same speed or options.I’m curious, what kind of deals are you focusing on at the moment?

How do you stay profitable during off-peak times?

Start small and then it will pick up speed later.  

I do agree with you Linda, I think Denver is close to the peak of its run with prices.

One key lesson from this transaction was recognizing the value of speed.