I am a first time investor and looking at multiple markets. I am considering a property between Sunnyside and Laguna Beach. The property is 0.4 miles from the beach. The house itself is a fantastic fairly new build (2017). My biggest concerns are 1) the property is not exactly walking distance to the beach, and 2) the area looks a little crummy in spots with some trailers. Should these be deal breakers?
Scottsdale, AZ · Member since 2018 · 22 posts · 36 votes
4y
I believe you just answered your own question. If you have two concerns just think of the reviews you might receive about those two things that you can’t change.
Scottsdale, AZ · Member since 2018 · 22 posts · 36 votes
4y
I believe you just answered your own question. If you have two concerns just think of the reviews you might receive about those two things that you can’t change.
Flipper/Rehabber · Panama City, FL · Member since 2017 · 4 posts · 0 votes
4y
Hey Nicholas, PCB is a really hot market right now for short term. We have a STR on the east of the beach that is about a 5 min dr from the water. We are staying around 87% occupancy right now. I wouldn't worry about being able to walk to the beach as a deal breaker.
Did you buy in the Laguna Beach area and if so how is it doing? We are thinking about investing in a house in the same area and wondering the same questions. Thanks