Anyone with Big Bear Success?

[Sabrina Perrino]

Hi! I'm new to RE and trying to understand how anyone can be successful in Big Bear vacation rentals. It seems the expenses I keep calculating end up always being more than the monthly income.  How much is usually spent on the 24/7 and check-in and cleaning teams? Any how much is usually spent on utilities like heat and air and hot tub? Thanks to anyone w insight on this!

[Mike R.]

Hi, I own two homes, and manage 15 others, success is obviously based upon a few factors, how much did you pay for the place, how much of a mortgage do you have, did you buy the right place that makes all that money plus, back. Obviously if you bought four years ago your home is much cheaper than if you try to buy one now at the height too. And that definitely makes a difference.