San Diego, CA · Member since 2017 · 9 posts · 5 votes
First and foremost, hello and thank you members of the BiggerPockets community! I'm a native of San Diego and have been watching the vacation rental market for years and am finally in a place where I want to start wealth-building. I'm looking to connect with other coastal Californians who are in the business and learn from their experiences and share mine as well.
I'm a veteran pilot who currently works overseas about half of the year. I'd like to make enough money in vacation rentals where I can work less and enjoy my life more! Thanks in advance.
Attorney · San Diego, CA · Member since 2017 · 17 posts · 4 votes
9y
Hi Chris Vicari I recently moved to Orange County from Charlotte, NC but had previously attended law school in SD, and prior to that, lived in LA. Are vacation rentals in SD a viable option. Would love to chat and explore the idea. Thanks.
welcome to BP! What a great community to be apart of. The short term rental is booming here in Southern CA it seems. My good friend and advisor has 27 already! Short term rentals are a great way to make premium real estate here cashflow. I focus on multi-family. I help and show people how to use some of their savings to create streams by investing in multi-family complexes. Will be happy to chat some more! Good luck !
Poway, CA · Member since 2017 · 15 posts · 2 votes
9y
Hello!
We are new to BP! We live in SD and are looking to sell a home that we currently rent out (long-term, month-to-month currently). We saw the Forbes list and Seattle was #4 so we were thinking of investing there. Possibly interested in doing a short-term/Airbnb rental initially but wanted to know what other people's thoughts are about that. Our rental home is at an all time high value right now and we feel the urge to sell. However, we are not well-versed in the 1031 exchange (working on that) and don't want to make an unwise decision.
Carlos, I saw that you think SD is great and are focusing on multi-family. Have so many questions and will check out the links that you, Dave Visaya, stated above.
Excited to be here and hoping to learn, learn, learn!! :)