if I rent a two bedroom condo in Denver over 29 days do I need to meet any special requirements before listing/renting on airbnb?
I dont think I need a short term rental license because I'm not renting below 29 days, and I don't need a lodgers license because I don't have four or more rooms.
If you are renting anything for 30 days or longer in the city of Denver, it's treated the same as any other long-term rental in the eyes of the city. (The threshold is 30 days, BTW, not 29.) And to put a finer point on it then ... no, you don't need a lodger's license like you do if you're operating an Airbnb/short-term rental in Denver.
There's a good market for these medium-term rentals if you've done your condo well. Erin and I have two condos in the Capitol Hill neighborhood of Denver that we furnish and rent anywhere from 90 days to 6 months. One is a 3br unit, the other a 1br unit. We get a lot of remote workers, traveling nurses, business people who need a place on a temporary term.
One thing to find out, though, is whether your condo's HOA has any restrictions on rental periods. Most have some kind of minimum lease term. (Both our condos, for instance, have a 90-day minimum.)
@James Carlson thank you! We just found some excellent looking renters for 2 months in our 2 bed condo near DTC, so we are super excited! Your answer gave us the confidence to know we are doing the right thing and pull the trigger booking them. The HOA said it just follows Denver guidelines so we should be good there. Thank you very much for the detailed response.
Awesome to hear @Jack Reed Durand . Good luck. If you ever want to replicate the medium-term/traveling nurse rental model in Denver or Colorado Springs, reach out. Cheers!
@James Carlson do you post the listings anywhere other than Airbnb to attract travel nurses? I would imagine that is where the real money is at since the hospitals are the ones footing the bill and you could probably charge more.
@Jack Reed Durand - you'll want to post on furnishedfinder.com as well. That site was created for and largely serves traveling nurses.
@Tyler Howell is right about FurnishedFinders.com. Good site that provides consistent legitimate rental leads. I'd throw one more in there -- Facebook Marketplace. So ... again, if you're doing a medium-term rental model for traveling nurses or the like in Denver or Colorado Springs, I'd post on ...
- Airbnb with a 30, 60, 90-day, etc. rental minimum depending on your desires and your HOA rules & regs.
- Furnished Finders. Be aware that you have to pay $99/year for that, but I think it's worth it. You get one renter out of that each year when you otherwise would have been vacant, it's totally worth it. We have gotten at least one renter from FF the past two years.
- Facebook Marketplace. It's the new, slightly-less-scammy Craigslist. It's third on my list for a reason, but I have booked 3-month stays off Facebook.