Vacation Home in Big Bear Lake and a little Airbnb

[Martin Yankov]

Hi guys, I’ve noticed a lot of threads in the past discussing short term rentals in Big Bear Lake, but i couldn't find recent one that it's been used as a Vacation home and Airbnb just to cover the mortgage payment. Our goal is to buy a 3/2 bed in 92315 zip in the next 30 days or so and use it one or twice every month and airbnb for whatever days are left just to cover the mortgage payment of $2500 - purchase power budget 400-450k.

Now if we get a a little more days rented that would be nice and all of it will go towards the non-busy months. We are not planning to make money out of it, the goal is the break even and maybe a little more that will cover repair costs. Btw i am a Realtor out of Rancho Cucamonga so i am not that far. I already did my due diligence in regards of fees cleaning services and all that. I was interested also to have it managed by a PM , but the 30% fee might eat too much of the gross income. I would love to hear any thoughts of people who are currently doing that or something similar. Much appreciate it, thank you.