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Updated about 7 years ago,
Tips for CA mountain markets for VRBO <$250k
Does anyone have suggestions for mountain communities in Northern California between Latitude of Sacramento and as far south as Fresno where I could achieve the following with a primarily VRBO investment but occasional personal use:
• Near ski resort (not necessarily prime Tahoe but smaller like Bear Valley would do)
• Purchase price at or below $250k
• Monthly short term income of at least $1500 typical
• condo or cabin bit cabin preferred
Some areas I’m familiar with are Tahoe/Truckee (typically too expensive), Arnold, and Lake Huntington. All are good options but hoping to find the right niche to invest in.
Thanks in advance,
Kevin