All Forum Posts by: Carl N.

 I did but overall looked past it as a short term concern and seeing the long term potential as Oceanside has continued to improve. That being said I am not in the property and want to try and break even at least as I improve the property and the area continues to improve. 

Hi Forum,

Need your help here. Just bought a home in Oceanside, CA and the city parking lot next door is a concern to me. There are people in there all hours of the night adding noise and general seediness to my home and area. The home is amazing but it now needs to be advertised stating there can be extraneous noise. I recently called the police chief's office who is getting me in touch with patrols.  My property manager suggested putting flood lights facing the parking lot from dusk until dawn( happy to do it) .

Short term - what can I do in addition to filing complaints with the city

Long term - is there is a way to get the city to sell or let this lot be developed into something else which would greatly improve the area

The central coast is tough due to it's desirability and pricing. That being said it's a great long term investment if you can get past the beginning hump. I own a property in SB but am fortunate to have owned it for a while. Look at the areas within the Coastal Commission zone along the coast. To the best of my knowledge(check with local professionals first) he coastal commission laws will supercede any local ordinances and "should" allow you to have an STR if you are within that zone. SLO is great but is already a pretty hot market so maybe look at Ventura, Pismo Beach, Morro Bay.

@Mark Frattini I was able to get it solved but thank you!

@Kevin Koone pending lawsuit.

@jon

thank you for feedback.

Trying to purchase and STR in San Diego county and having issues due to current open claim on the last property I sold. Current company, USAA, is denying and farmers as well. Just submitted quote to Proper but wondering if anyone has any suggestions?

I am looking at purchasing a property that would be used as an STR. If I were to take on investors and I or they wanted access to the property for personal use how does one build that into the deal structure. I would be the majority investor 51-75%.

For instance:

Do investors get access to the property at a flat discounted rate no matter the season

Do they get no access and pay only rack rate

Do they get limited access based on their investment level where the only access is last minute when it hasn't been booked yet? 

Thx Max, I am trying to avoid SBA loans on this one so hoping to get conventional since they are all sfr