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All Forum Posts by: Erika Martinez

Erika Martinez has started 5 posts and replied 8 times.

Hi everyone!
We’ve been renting our fully furnished 4-bedroom, 2-bath home as a short-term rental near Park Hill—close to hospitals—but it hasn’t been as profitable as we hoped.

We’re now exploring other options. We were planning to switch to a long-term rental, but someone recently suggested trying midterm rentals since the house is already furnished.

Before making a final decision, I’d love honest insight from anyone with midterm experience in Denver:

  • Is midterm actually a good choice right now for this area?
  • What’s a realistic monthly income we could expect for a 4BR in 2 bedroom this location?
  • Which platforms or companies offer the best commission rates for furnished midterm rentals in Denver?

I’d really appreciate any advice or numbers from folks who've done this. Thank you!

Hi everyone!
We’ve been renting our fully furnished 4-bedroom, 2-bath home as a short-term rental near Park Hill—close to hospitals—but it hasn’t been as profitable as we hoped.

We’re now exploring other options. We were planning to switch to a long-term rental, but someone recently suggested trying midterm rentals since the house is already furnished.

Before making a final decision, I’d love honest insight from anyone with midterm experience in Denver:

  • Is midterm actually a good choice right now for this area?

  • What’s a realistic monthly income we could expect for a 4BR in 2 bedroom this location?

  • Which platforms or companies offer the best commission rates for furnished midterm rentals in Denver?

I’d really appreciate any advice or numbers from folks who've done this. Thank you!

Hello,

We currently have key renter managing one of our properties. We have another Airbnb property that we are planning to turn it into a long-term rental. Keybank is charging us 9% and I think they will charge 8.5 % for two properties. Do you know another property management company in the Denver area that has the lowest fees of 8.5%? any advice is greatly appreciated it.

Thanks for your answers! we have called a mold remediation company to see cost and severity!    @ronald 

@Ronald Allen Barney @Dustin Allen @JD Martin

Hello,

We have been trying to buy a house for months in the crazy Denver housing market. We finally found more conscious sellers and a house that checks all our boxes minus our preferred location but it is not too bad. However, we just got the inspection results and the mold results came positive with High to moderate levels of SMUTS, PERICONIA, MYXOMYCETES - MODERATE TO HIGH LEVELS OF "OTHER" SPORE TYPES PRESENT INDOORS.

The sellers are willing to work with us but we are afraid that even with the mitigation this will affect our re-sell value or potential lawsuit if we want to rent the basement and the mold re-grow.

Please advise, should we get out of the contract and keep looking we are worry and frustrated at the same time.

Thanks!

@Catie Lawrence Thanks Catie, I will really think about it.

@Stephen BrownThanks, Stephen, I have already requested the comps!

Hello,

I have been trying to find a decent price for an investment property in the Denver real estate market, but everything is CRAZY!!. However, I just saw a property that potentially can be a good fit for me, it has a 10,000 lot sq ft. full basement, and a little detached room. My concerns are that there might be some structural damage only in the sunroom. The county assessor is assessing the property for 100k less, can I still lowball the owner? The Denve market is bananas right now! How I can determine if I am way overpaying for this property?? Any advice?  thanks