AirBnB Pros and Cons in Denver

[Alexander Ignatenko]

Hello fellow investors,

I have been researching AirBnB investing recently, which seems to have great returns in some markets compared to traditional buy-and-hold strategies. I was wondering if there are any investors who are currently investing in AirBnB's in the Denver area who would be able to shed some light on the pros and cons of AirBnB investing in this market. I know that a lodging license is required for AirBnB properties that are not used as a primary residence. Therefore, I was wondering what the process of obtaining a lodging license looks like, and whether or not it is worth the effort and ROI.

Thank you for the help!

[Michael Baum]

Hey @Alexander Ignatenko, having a STR in Denver is only allowed if it is your primary residence. At least that is what the FAQ says...It does say you can get a Lodging Facilities License. Sounds like there is a whole lot of rigamarole including re-zoning as a possibility if you don't live there.

https://www.denvergov.org/Gove...