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Updated over 1 year ago,
- Property Manager
- Orlando Kissimmee, Davenport
- 1,266
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Any Tahoe owners here?
I've come across a decent opportunity on a place in Lake Tahoe. It's not a market I would typically look in but I have a partner I trust that lives in the Bay area that wants to own in Tahoe and has approached me on a partnership with favorable terms.
While the terms of the deal make the tolerances on what I would typically look for a little looser, I still want to make sure it's a smart decision that will cashflow well.
I am having a hard time getting good numbers on what to project for annual revenue there. Looking at AirBnB/VRBO calendars has been tough since the place is so seasonal and we are just entering the shoulder season. AirDNA/Rabbu are all over the place between $100k - $180k which is a huge spread.
So I am reaching out to see if there are any BP members that actually own there and can provide some gross revenue numbers along with size/home type, or people that have found those numbers from others before. Feel free to DM if that's easier but open discussion is always welcome too.
- Ryan Moyer