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Updated about 3 years ago on . Most recent reply

User Stats

3
Posts
1
Votes
Aaron Moyer
  • New to Real Estate
  • Colorado Springs
1
Votes |
3
Posts

STR - central CO, Solar and water question

Aaron Moyer
  • New to Real Estate
  • Colorado Springs
Posted

Hi BP folks! I'm new to the STR game, have a question about a property in a desirable part of CO for rentals.

How negatively will a property that is on Solar with a generator and on cistern water affect bookings? Assuming the Solar is managed and maintained by me, and of course the water is kept topped off. 

I found a property that seems to be a really good deal, not on MLS. AirDNA is giving a generous annual income estimate (78k).

I’ll get all the appropriate inspections off the systems of course, but trying to get a feel for how this might affect the bookings. 

Thanks!


  • Aaron Moyer
  • Most Popular Reply

    User Stats

    11
    Posts
    8
    Votes
    Aimee Haasteaby
    • Investor
    • Groveland
    8
    Votes |
    11
    Posts
    Aimee Haasteaby
    • Investor
    • Groveland
    Replied

    You can use those items as selling points. If the property were offering "green" amenities and you showed how these systems work well for the renter and the environment, you can probably charge a little more and get more environmentally conscious guests. 

    you could include stats too to show to the low carbon footprint of their stay. 

    Im starting a green real estate company and am turning our first house into a green vacation rental. Happy to answer any questions or help as needed. 

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