All Forum Posts by: Eric Mcginn

Lucas, you have a picture of a women, am missing something? 

Yes, which is why I wouldn’t bother asking except to make a point. 

I’m from Maine, I have a 3 unit there, I have connections that help if needed but I’ve got that **** on auto pilot now using cozy.co 

I’ve lived in LA the past 6 years (bought Maine rental while living here) 

House prices in LA are minimum half mil, we rent and get a fantastic deal, paying half of what the mortgage on our rented  house would be. We usually go somewhere between santa Barbara, and San Diego for bicycling, beach, wine tasting, paddle boarding etc. 

It’s nice to escape LA, totally different, climates, arrowhead gets snow.  

We have fantastic credit, would have easily qualified for $700k  

We want to utilize our credit in case we decide to change jobs or move. 

Like I said, what we’re buying could be a flip if we want to move fast. But we’d like to enjoy some weekends there for ski trips etc and enjoy it.

When I said Airbnb’s were vacant, I didn’t mean entirely, I mean just looking around the site, wasn’t much more than every other weekend. 

Do you know anything about this? Care to research for me? Zip 92378

Pleasure to meet you Lucas

I’m in escrow on a beautiful fixer cabin in a neighborhood with houses that are all listed for twice as much. 

It's a vacation home we plan on spending time at. In the future I was considering a little STR action to cover some of the mortgage costs.

I will be doing extensive aesthetic renovations inside and out as well as past due maintenance. I should be able to flip it if we feel like it, or LTR prices in the area would allow for some positive cash flow.  

Got anything to add?  Or just wondering?

We were looking in Blue jay too. 

The main factor in price around arrowhead is LAKE RIGHTS 

as obnoxious as it is, arrowhead is a private lake!! 

Blue jay doesn’t even have lake rights. we will be getting annual passes to Gregory I think. 

Hello all, happy to join and follow this discussion. 

I’m in escrow in Rimforest, a very nice neighborhood. Also looking into Airbnb, I’m going to check out airdna 

But similarly, we just personally really like the area and plan on spending time there ourselves too. 

I’m buying in Rimforest, very nice neighborhood 

hello, joining late to this discussion, in escrow on a place next to arrowhead.  Any tips on renting? Looking on AirBnB, it seems like most of them are vacant / not getting booked. 

What sort of prices are you charging? 

I recommend Adrianna derice out of Portland for real estate attorney, she has helped me tremendously with my triplex in biddeford 

Im looking into getting a small wooded lot around big bear / lake Arrowhead. I'm trying to navigate coded and zoning. Ive found that most of the locations I'm looking are rs-14 so I'd need .32+ acres. 

Initially I'd like to just occasionally bring my Motorhome up for the weekend. Then, build a "recreational cabin" and ultimately build a SFH on the property. So I know access and levelness of land is key.

I'm looking for someone who might be able to consult with me to help mitigate or navigate the zoning / code laws in this specific area. 

Thanks!

Crap, 3-6% for closing is crazy