All Forum Posts by: Rubik H.

All, thanks for your replies. I kind of figured that the mountains would have some challenges with regards to cleaning and maintenance. I think it would be important to buy a place that's easier to maintain and clean after rentals. 

I think if one can remove the prospect of his own occasional use of the property for his own leisure, then longer term rental is probably less stressful because you don't have to deal with the routine cleaning. 

Hi Guys! I've been in hiatus for a while now. 

So, Christmas is right around the corner and as procrastinators always do, we are shopping around for a vacation property to rent for Christmas week in Lake Arrowhead/Big Bear areas. Then I started thinking: Let's see the home (cabin) values. Then this idea came to my mind about whether it makes more financial sense to invest in a vacation rental property - with the occasional owner use - in the mountains where we will see snow in the winter or the desert like Palm Springs. I know Palm Springs RE market is up right now but to me it has little to offer vs what I already have at home in LA. So, which one would make more money? I've tried to look up some rental property investment reports but have hit a bit of a brick wall with this question.

Thanks for the responses. Further up toward the grapevine is definitely something on my my mind. How about further east toward Palm Springs? How are things in that area? As far as a different state, I’ll consider it if I can get there and back in the same day. Farther then that is just too far for now; perhaps later when I have more experience.

Hi Everyone! 

I recently joined BiggerPockets because the thought of real estate investment has been brewing in my head for about the last 6 months or so. Similar to many of you, long term being financially free owning several properties that provide good cash flow. The draw back is that I live in southern California where we know the real estate market is crazy expensive requiring large down payment and overall low ROI in terms of cash flow. So, I keep wondering where to invest? If I want to stay local, I have to travel at least a couple hours away from Los Angeles. If I want to cross state lines, which state? How much of headache is dealing with that?

I'm curious if there are others that are sort of in the same boat as me and what are some of the things your'e considering/thinking.