Real Estate Agent · Denver · Member since 2020 · 364 posts · 151 votes
Has anyone invested in the Town of Mountain View just west of Denver?
I came across an interesting property that got my attention. It's an up/down duplex (4 bed / 2 bath) that needs a little cosmetic work, but what makes it unique is that it's located in the Town of Mountain View—not Denver.
Since Mountain View is its own municipality, it has different short-term rental regulations and currently allows STRs without requiring the property to be your primary residence.
It seems like an interesting option for someone looking to:
House hack
Operate a short-term rental
Add value through renovations and build equity
I'm curious how others would analyze a deal like this. Would you lean toward long-term rentals, short-term rentals, or simply renovating and holding?
I'd love to hear how others in the Denver market would approach it.
Lender · Fort Worth, TX · Member since 2016 · 8k+ posts · 6k+ votes
2mo
@Eric DeNardo you might get some comments here but if you are looking for some STR advice then you should really post it in the STR forum. You'll get a lot more responses there. Just a thought.