Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Lance Turner Grand House Hack
7 October 2024 | 5 replies
That's a dream setup for creating a unique guest experience.
Brandon Craig Should I sue?
7 October 2024 | 12 replies
I suspect at the dollar amount you invested most attorneys would say its not worth it. you could send in a sabor rattler letter for a few hundred bucks and see if that gets you anywhere.Keep in mind these guys are not unique this has happened to many many syndication of MF Just read the threads on BP..
Luke Stewart Downtown Chicago Midterm Rentals
11 October 2024 | 41 replies
. :) Now, I also provide a very unique space, being that I'm 2 blocks to the lake and have water views from my apartment.
James Khail Best place to invest for a California resident?
7 October 2024 | 34 replies
I'm in a bit of a unique situation in that I'm a California resident and can only invest in properties all-cash for religious reasons.I'm not able to use leverage/loans, and I know and accept that investing all cash is not common, but thats the way I do it. 
Mark Torrefiel Effective and unique strategies for marketing, then getting a tenant?
1 October 2024 | 16 replies
The title says it all, I'm looking for effective and unique strategies to market a unit that is available on my property.
Uri Frodis Wheelbarrow Profits Academy with Jake and Gino
11 October 2024 | 40 replies
I would say my situation is unique or special but I'm sure it is more common than I know.
Sanjeev Advani The Economic Power of Public Parks
4 October 2024 | 1 reply
By providing unique attractions and recreational opportunities, parks can significantly enhance the surrounding real estate market.
Joseph Scorese Building a Scalable Real Estate Business Strategies
6 October 2024 | 1 reply
Develop a Unique Value Proposition (UVP): Clearly define what makes your business different—whether it’s exceptional customer service, eco-friendly developments, or innovative design.
Zeek Collins Japan Apartment Buildings
5 October 2024 | 1 reply
Given your age and the time you have, building a stable cash flow can lead to significant wealth over time.Understanding Local Dynamics: You're spot on about the unique dynamics in Japanese real estate, especially with the aging population.
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.