Kyle Jacques
Looking for guidance on STR
24 October 2024 | 36 replies
Start by targeting your audience more effectively—hone in on vacationers, outdoor enthusiasts, and families that would love your location.Also, consider looking into property management services that specialize in short-term rentals, or even investing in some marketing tools to help boost visibility.
Bora Moon
SF bay area -
17 October 2024 | 4 replies
They are all quality tenants making at least 15k a month and seem very enthusiastic because the unit is fully upgraded with high end finishes and appliances with private garage and backyard.
Josh Edelman
Las Vegas Market + News for September
16 October 2024 | 2 replies
Tropicana Imploded Early This Morning: The historic Tropicana hotel and casino was demolished in a dramatic implosion, marking the end of an era.
Yaumari Gonzalez
Rookie In NJ
11 October 2024 | 8 replies
Hello everyone,I’m excited to join this forum and connect with fellow real estate enthusiasts.
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.
Mike Galindo
New active member!
2 October 2024 | 6 replies
Recently, I have shifted my focus towards identifying property flipping opportunities in smaller markets in the SE, and I am enthusiastic about the prospect of forging new professional relationships and connections.
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.
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 (?)
Tremaine Kwasikpui
Tremaine Kwasikpui-Houston Investor and Realtor
30 September 2024 | 1 reply
My name is Tremaine Kwasikpui, and I am excited to join this vibrant community of real estate enthusiasts and professionals.
Chida Truong
Pace Morby Mentorship
14 October 2024 | 420 replies
The posts are overly enthusiastic and ridiculously over the top.