It allows you to operate a short-term rental in a non-owner occupied home. Here is the high level of what the Arvada law will allow you to do with STRs. It's an interesting investment opportunity as the city has its own charming downtown and is on the light rail line taking you directly into downtown Denver. So be sure to consult with an expert - hint, hint: That's us here at Erin + James Real Estate.īut there are options in a handful of Denver-area cities that have voted to allow STR properties in non-owner-occupied homes.Īrvada, the city directly northwest of Denver, passed a law in late 2020 that allows Airbnb investment properties. Denver's Airbnb law restricts short-term rentals to only your primary residence. īuying an Airbnb investment property in the actual city of Denver can be difficult. Ready to start your search for an Airbnb investment property? Contact us today. Below are the Airbnb laws and strategies in prominent Colorado cities. Whether you're an out-of-state investor who wants a second home or vacation rental in the Denver or Colorado Springs areas, or you are a Colorado resident looking for an Airbnb property for sale for cash flow, you need to know the laws and the strategies. Colorado Springs allows STR investments in certain areas. And the mountains just outside Denver and just outside of Colorado Springs allow for Airbnb and provide cash-flow opportunities. There are a few Denver-area cities that allow Airbnb investment properties. While the options to buy an Airbnb investment property are narrowing, there are still windows of opportunities. But is Airbnb legal in Colorado? STR laws are city specific, and an increasing number of cities are prohibiting STRs unless they're in your primary residence. Buying a short-term rental is one of the few ways to cash flow in Denver, Colorado Springs, or any Colorado real estate markets.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |