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Updated 9 months ago,
Help! Looking to invest in Crestline / Big Bear CA
Hello Everyone!
I'm an investor from Anaheim CA, but currently looking to invest in the Crestline/Big Bear area! According to the local realtors I met with, the market here is very hot with little inventory. However, after driving around for hours I think there's potential for off-market deals. From what I observed, the community is very tight & close, everyone knows eachother, and they hold lots of community events. (although due to covid this is limited).
Anyone has any experience/knowledge in investing in this area ? Houses seem to be in the 1900-1950s. With that said, what are things to look out for (weather, snow, insurance, sewer lines, etc)? Any insights on doing a fix n flip vs. STR/rental up here?
Any tips/advices/insights are greatly appreciated!