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Updated over 7 years ago,
New member from Sweden, interested in LA / Las Vegas rentals.
Hey everyone!
Long time reader - first time poster from Sweden. I joined BP a while ago as a bit of skeptic, thinking it was probably just another one of those "Click here to get rich"-sites, or yet another guru claiming to turn people into millionaires left and right.
I have since then spent a lot of time in the forums, as well as listened to most of the amazing podcasts and I've now decided it's time to take the step and become more active since I am convinced this is one of the best networking resources for people interested in real estate.
Anyway - a little about myself: I am currently a 2nd officer at a cruise line in Asia, which means I do 8 weeks of work followed by 8 weeks off, thus leaving me with 6 months of vacation a year, meaning I have plenty of time to think about what to do with my money.
Lately I've become very interested in short term vacation rentals, as it is an absolutely exploding market, all over the world, and I think there are good opportunities around to grab a piece of that cake.
At the moment i am primarily looking at Las Vegas and Los Angeles to get started, as they are tourist heavy cities with good all-year climates and somewhat friendly laws towards vacation rentals. I am not really looking at purchasing properties at the moment but rather finding landlords who might be interested in subletting to me for market rent, plus a share in the profits.
I do not want to be simply a manager but rather own the listings myself, just paying rent to a landlord.
I would love to hear from anyone who might be interested in discussing things further - or perhaps even meeting up for a lunch or a drink in LA.
Thank you!
Ola