Hello, Everyone! I was wondering if anyone has used the strIQ tool to determine what upgrades and amenities will have the best ROI in your market for an existing STR? I have a two-car garage that is currently not utilized which zip can convert to livablespace and/or addition of amenites. I also have outdoor spaces that can accommodate more amenities. Thank you in advance for the insight!

Damon and Amanda Balcerak here, from Denver, CO! We are presently in Stage 3, Hunting Stage. Our 90-day goal is to have our first STR up and actively running and cash flowing. Since June, we have been thinking that's through arbitrage, but in the past 24 hours, we have thought it also could be through a DSCR loan. Biggest roadblocks at the moment: 1) Making arbitrage work in Colorado. We have done exhaustive research since starting with Bnb academy on June 6. We have learned that Colorado is not user friendly for arbitrage, and we're also not wrapping our head around starting our first bnb in a place foreign to us, where we know NO ONE. As a licensed GC - I have SO MANY resources here, it would be silly to not use them. I can't seem to get a straight answer on how anyone launches out of state, never going there, or knowing no one?? 2) Lacking the knowledge to piece together a "buy" deal, especially not having significant liquid assets at present moment. But we do have amazing credit. Or maybe its the fear of failing, or ruining that credit, or both. But between the $'s for bnb academy, and Air DNA, and strIQ now, plus knowing design and furnishing bills are coming plus deposit/rent/mortgage - we are pot committed and all in and don't want to fail. Praying this is the last shot in the arm to get over the hump. Being brutally honest here. We believe if you're the smartest person in the room - you're not in the right room. So here we are - ready, eager, persistent - and want to soak up all we can from everyone else here who has the experience we don't but wants to share. Thanks for listening. And hopefully someday we can give back to this community as well in the same fashion.

August 4th (1PM CT) Two short-term rentals. Same market. Same square footage. Same amenities. One earns 2x more than the other. The difference isn't the property — it's the operations behind it. Join us live on August 4th (1PM CT) for a session with Tim Hubbard, co-founder of Corzly and host of the Short Term Rental Riches podcast, where he'll break down: → Why Airbnb/VRBO search rank is performance-based (and compounds) → The hidden trap in "good reviews" → Where pricing tools fall short without the right setup → The 4 specialized roles top-performing properties need → What's real vs. hype with AI in STR operations Free and live. Link to register HERE: https://share.hsforms.com/1IkC0pc9ER7-NUem3cS_jmwnxf0e #ShortTermRentals #STR #PropertyManagement #RealEstateInvesting @Matt Sanderson @Tim Hubbard

Hello... just getting started with strIQ. Hoping to use it on my existing STR and help to find more. Are the properties on strIQ only the properties that are listed for sale?

Glad you're here. Your first step: Head to the Classroom and complete the Welcome & Start Here course. It takes about 10 minutes and shows you exactly how to get the most out of this community. Once you've done that, come back here and introduce yourself in the comments. Tell us: 1. Where you're located 2. Where you are in your STR journey (learning, preparing, hunting, or scaling) 3. Your 90-day goal See you soon, — Matt