All Forum Posts by: Spencer Spagnola

Hi Jenine, I'm a little late to this conversation but I looked into Idyllwild and didn't think the numbers would work. Did you find any other mountain towns in SoCal that you like for STR?

Thank you everyone for the feedback!

Thanks for that info @Sarah Young, that was exactly what I was looking for. Just out of curiosity, is their a general cap rate or cash on cash return people are looking for right now or is it very neighborhood specific? I’m also thinking that having a duplex fully rented with tenants paying on time is a big selling point right now for those who do want to invest. 

@Russ Scheider thanks for your input. Definitely understand there is no predicting the future, just nice to know what local investors who know the market well are thinking. 

Hello All,

I’m currently interested in getting people’s opinion on the duplex market in west ashely, inside the 526 off the 17. I have a duplex that has rented well and I just moved out of the area I’m trying to decide whether to sell or turn over to a property manager long term. Most specifically, what are everyone thoughts on anticipated appreciation, and the areas in West Ashley that are c class, any projection on them improving, staying the same, or getting worse? Also how is the market now for a duplex in the mid 200 price range? I see virtually no listings near that price point ( for a duplex) in West Ashley so cant gain much info from the data. Thanks!