Cracking the Nut on Big Bear Lake Airbnbs
Looking for insight/opinion on investing in STRs in highly seasonal resort towns. Occupancy in big bear plummets when the ski resort closes around April, then heals a bit in summer for lake season. (Resident for 29 years).
On creating a yearly profitable Airbnb from purchase. Is it possible with the current prices?
There are tourists now in local neighborhoods that would’ve never been touched ten years ago. We’re getting a small shopping center installed supposedly by the end of the year (Marshall’s, Tractor Supply, Grocery Outlet) plus investments in a second “downtown” strip.
Any Airbnb owners with a profitable investment in BBL I can hear from?