2018/19 epic snow and revenue for ski towns, one number paints a different picture

2018/19 epic snow and revenue for ski towns, one number paints a different picture

The 2018/19 season was Epic (or Ikonic depending on your pass preference) with every major resort posting record sales tax revenue, occupancy, and lodging rates.  At the same time real estate continued to skyrocket in most mountain communities.  With all this good...
Be careful in one Colorado ski town: which one has higher risk during the next recession

Be careful in one Colorado ski town: which one has higher risk during the next recession

One ski town has been on my top list of investments for multiple years.  I highlighted this resort as one of the “best buys” in Colorado real estate. The new owners have invested over 40 million and real estate values have soared.  Unfortunately, this same resort is...
Fight over nightly rentals in Colorado just getting started, Summit county leads the charge

Fight over nightly rentals in Colorado just getting started, Summit county leads the charge

As nightly rentals balloon throughout Colorado so have issues and regulations.  Summit County (Breckenridge, Keystone, Copper Mountain) is the most recent county to get on the bandwagon of regulating rentals.  Why are the regulations so important that are coming down...
FAA giving out free frequent flyer “gifts” to you and your real estate

FAA giving out free frequent flyer “gifts” to you and your real estate

Ready to lose 100k+ on your real estate in Colorado? Are you now a member of the “frequent flyer” club without leaving the ground? The FAA is working on their next generation of air traffic control which will drastically alter the approach and takeoffs at airports...
50% of Airbnb’s unlicensed in Denver –> Does Lake Tahoe have the answer

50% of Airbnb’s unlicensed in Denver –> Does Lake Tahoe have the answer

According to AirDNA 50% of all nightly rentals in Denver are currently unlicensed and not paying the appropriate taxes.  Denver implemented various rules to try to crack down on nightly rentals requiring all nightly rentals to be a primary residence.  It doesn’t...