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All Forum Posts by: Katy Reid

Katy Reid has started 4 posts and replied 28 times.

Post: Yucca Valley, CA Short Term Rental

Katy ReidPosted
  • Rental Property Investor
  • Yucca Valley, CA
  • Posts 29
  • Votes 12

@Chad Lanting etc. learned a few days ago that my property is actually unincorporated so I need to go through San Bernardino County which the Yucca Ey admin called “stricter”. Have been too busy to confirm but I’ve got a call into SB county land use.

Tip: double check which cities permits you need before filing and paying for anything.

Post: ISO: GC in STR Remodel in Joshua Tree

Katy ReidPosted
  • Rental Property Investor
  • Yucca Valley, CA
  • Posts 29
  • Votes 12

@Ryan Wakely 🙌🏻

Post: ISO: GC in STR Remodel in Joshua Tree

Katy ReidPosted
  • Rental Property Investor
  • Yucca Valley, CA
  • Posts 29
  • Votes 12

@Account Closed I would love to do the same with you actually if you're willing. Are you both in the high desert? 

Post: ISO: GC in STR Remodel in Joshua Tree

Katy ReidPosted
  • Rental Property Investor
  • Yucca Valley, CA
  • Posts 29
  • Votes 12

@Kristi Kautz an fb group! I had searched for one but clearly not hard enough! I love an FB group AND Nextdoor! 

Would you mind horribly dm-ing me the contractor's names so we don't make the same mistake...? But also, we'll look into the route of hiring piecemeal. 

Thank you! And congrats on the new build.

Post: ISO: GC in STR Remodel in Joshua Tree

Katy ReidPosted
  • Rental Property Investor
  • Yucca Valley, CA
  • Posts 29
  • Votes 12

@Kristi Kautz Interesting - thanks! If you had to put a percentage on it, what would you estimate it saves you? Also...I am very open to recommendations for all of those tradesmen :D 

Post: ISO: GC in STR Remodel in Joshua Tree

Katy ReidPosted
  • Rental Property Investor
  • Yucca Valley, CA
  • Posts 29
  • Votes 12

Hey there, I'm looking for a general contractor for an STR cosmetic remodel in Yucca Valley, CA. Open to recommendations. I've never done any remodels so also open to advice! Thanks!

Post: Yucca Valley, CA Short Term Rental

Katy ReidPosted
  • Rental Property Investor
  • Yucca Valley, CA
  • Posts 29
  • Votes 12

@Vinci S. great idea! DM me? 

Congrats! 

Post: Yucca Valley, CA Short Term Rental

Katy ReidPosted
  • Rental Property Investor
  • Yucca Valley, CA
  • Posts 29
  • Votes 12

Hey all, My husband and I are in escrow on a place in Yucca Valley, CA (just west of Joshua Tree) that we plan on STRing. Has anyone submitted an application here recently? Or been approved? I'm looking over the application now and it is shockingly thorough (see the list of submittal requirements below - eek!). 

Post: Our First Property, near Joshua Tree National Park

Katy ReidPosted
  • Rental Property Investor
  • Yucca Valley, CA
  • Posts 29
  • Votes 12

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $596,000

In escrow!

What made you interested in investing in this type of deal?

STR Potential

How did you find this deal and how did you negotiate it?

When I saw it on redfin, it already had 3 offers on it. I had my local realtor put in an aggressive offer sight unseen and the owner took us seriously - let us in right away to see it. After multiple counters, we won our with a 5k escalation clause, no appraisal contingency and 17 day inspections.

How did you finance this deal?

Traditional

What was the outcome?

TBD

Post: Joshua Tree deal analyses

Katy ReidPosted
  • Rental Property Investor
  • Yucca Valley, CA
  • Posts 29
  • Votes 12

@Sandy Hu what ended up happening? I'm currently in escrow in Yucca Valley on an off grid SFR with plans to install an ADU. Slightly different circumstances but would love to know how this played out.