Is it better to invest in long-term or short-term rentals?

According to STR statistics, short-term rental costs have climbed by 25% across the state since March 2020, outpacing Florida, Arizona, and California. In Denver, a one-bedroom apartment rents for roughly $1,100 per month, while a three-bedroom single-family home rents for well over $2,000 per month.

Housing prices have also risen dramatically, making it more difficult for first-time investors to enter the market than in prior years. Even with high house costs, there are still methods to make a high ROI by working with a discount real estate broker and taking advantage of the current ultra-low loan rates.