Vista CA Vacation Rentals Analysis

[Chase Bleke]

Hey everyone, 

I'm looking at making a deal on a property in Vista, CA for a potential Vacation Rental/AirBnB that, based on what I've seen should generate good cash flow. However, due to my lack of experience with analyzing cash flows of vacation rentals, I am so far unable to confirm that it will indeed generate said cash flow (I'd like to get it down to exact numbers, obviously). When it comes to a standard SFH rental, I have a fixed price for rent for at least a year with a tenant and a vacancy % (that I get from my property manager) that is fairly accurate.

My question is: anyone know how to track and find vacancy %'s for Vacation Rentals in Vista, CA? Also, does anyone know how to look up accurate pricing histories for comparable Vacation Rentals in the area? 

Thanks!

[Luke Carl]

No. Don’t call property managers they just want your money. All of it.

Go on AirBnB and VRBO and study your market. Obsess with a yellow pad for a few hours or a few days and you’ll get an idea.

In the vacation rental game it’s more than likely that if you don’t self manage you won’t make money.

I self manage 5 with a day job and I’m an idiot.