Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Short-Term & Vacation Rental Discussions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

26
Posts
13
Votes
Nathan Crankfield
  • Englewood
13
Votes |
26
Posts

How to work around strict STR laws?

Nathan Crankfield
  • Englewood
Posted

I am a new STR host here in Englewood, CO! I currently house hack and rent out my basement. I know when looking for a property and familiarizing myself with Denver area laws, it seems that all STRs have to be the primary residence of the host.

How do people workaround that? Have people been successful in Denver or other markets in negotiating with the city to allow you to operate an STR that is not your primary residence? We will make probably $2-3k/month just renting the basement, but if I could keep this house after we move out and continue to STR we could make $4-5k/month. If we rented both the upstairs and downstairs separately, I think we could really cash flow at $7-8k/month.

I'd appreciate any insight! I'm looking to invest in another market within the next 6 or so months. 

Most Popular Reply

User Stats

13,562
Posts
16,920
Votes
John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
16,920
Votes |
13,562
Posts
John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

Best thing would be to follow the law instead of skirting the law and hoping for the best.

  • John Underwood
  • Topic locked

    Loading replies...

    1 2 3