New Member Introductions
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
Vacation Rental Properties
I'm new to real estate investing and have been looking to buy properties for vacation rentals. Does anyone have good books or resources to educate myself more?
I live in Southern CA and most of the stuff is not within my current budget. I have been looking into Palm Springs areas for 3/4 bedroom properties with pools. I have been working with a realtor, going through the MLS, and have identified a property management company that provides ROI on properties I'm interested in.
I'm open to looking into other markets that I can get a better bang for my buck. Besides the Socal areas I have looked into the Poconos, Orlando, and various FL beach cities. Any suggestions on what areas or markets I should be looking into invest?
With having a good property management company in place and making solid returns I don't see why it would matter how far I live from the property. What is a good projected monthly return I can expect?