First time SoCal STR buyer help

[Collin Campbell]

Hello my name is Collin, I am in the process of learning about short term rentals and trying to find my first one to buy. Areas i am interested in are big bear lake, lake arrowhead, and possibly lake havasu since its close. The biggest thing i have noticed is the amount of air bnbs and wondering if its still profitable to buy in these areas? Also buying right now in a high market make its seem difficult. Any advice from people who own STR would be greatly appreciated.

[Kevin Murphy]

If there is competition, there is demand. Run your numbers, get creative on how to differentiate (decor, location, amenities, target market etc...)