Partner/STR in Summit County, CO

[Amanda Carlo]

Hello friends! We have a STR in Gatlinburg, TN that is killing it but we'd love to have our next one in Colorado, preferably Summit County. We LOVE Summit Sky Ranch but the entry price point is $1.1m. We're considering having a partner join us in the investment. A few questions:

1) How do you typically structure partnerships on a STR property? Do both parties bring their own loan? Are both names on the mortgage/deed/etc.?

2)  Can anyone recommend an agent in Summit County that specializes in STRs/Investment properties?

3) Would love any general advice on the area/properies/STR's.

Thanks, all!

[Erik Stenbakken]

Originally posted by @Amanda Carlo:

@Erik Stenbakken This is awesome information and I'll be sure to check out the deed restrictions! Where are your STRs in CO? 

Grand Lake! It's *totally* different than Summit County. And honestly, that's why I like it.