Lake Arrowhead/ Running Springs Short Term Rental

[Nehemiah Weicks]

Hello, I just closed on a cabin in Running Springs Ca, and currently I am in the permitting process. I am looking for any good references for cleaning, snow plow, and a reliable handy man, if anyone has any good referrals I would really appreciate it. thank you.

Nehemiah Weicks 

[Nehemiah Weicks]

Good morning Mitchell, 

I haven't been on bigger pockets website for the past few years. I am sure you don't need the questions you had answered at this point, but yes I was able to get cleaning, handyman, snowplow etc for my property. We are now on our 2nd season of operation. The first year was ok, the permitting process took longer than expected so we did not go live until April 2022 even though we purchased in November 2021. We were able to make Approx 25k gross for the year. Our 2nd season started off strong but once the record snow fall landed and the mountain closed off we have been dead ever since. Coincidentally I think the major factor to the dead season is people are finally traveling a little further away and not local trips during covid. I used airdna to monitor the market before our purchase and those numbers that I went off of were a prime covid year, so the 80% occupancies that i was seeing was super inflated. It has been more 20% occupancy for me. It's ok though I kind of went into this with the intent of using for our family too so even though we are taking a loss on it our family loves it and we come up often. I see a lot of short rentals either selling or transitioning into long term-rentals. How has it been for you and your husband? Did you guys ever buy? Are you up and running ? what other type of real-estate are you guys into?