Want to purchase my first STR investment home. I decided to shift my research away from Joshua Tree/Yucca Valley due to saturation. I've also crossed out Big Bear and Lake Arrowhead for same reason. I've been looking to Idyllwild or Crestline areas. Are there any investors who have invested there? Are you cashflowing? Maybe there are some hidden gems that I'm missing. Maybe lake Isabella? I don't really trust the AIRDNA data, it seems off to me. Any advise or pointers is appreciated.
Contractor/Investor/Consultant · San Diego / Phoenix · Member since 2021 · 12k+ posts · 15k+ votes
4y
Yeah, don't rely on AIRDnA alone, much smarter to choose an area and then just go on VRBO?AIR to actually check out real properties and see what they are getting. I think anything you find in Cali is going to be over-priced and over-regulated. Have you thought about nearby states?