All Forum Posts by: Lucy Richardson

Apologies if this has already been covered but does anyone know if you can apply for a STR rental permit from San Bernardino while you are in escrow? Or do you have to wait until the property closes to start the application process? I'm currently in escrow on a property in JT and wanting to get it online as soon as possible.

Hi thank you both so much for the advice. We just purchased our primary residence in Orange County in December so we got a taste of how competitive the SoCal market is right now in terms of contingencies, etc. Amanda, I really appreciate the offer to chat about options. I'll give you a call soon and look forward to connecting. 

Hi, I’m new to the forums and looking for advice on purchasing my first investment property. My husband and I have about $140k saved up that we could use for a down payment and closing costs. We are trying to decide if we should look for a cheap multi unit to do ltr or purchase a str rental property in a vacation market that we could self manage. We live in Orange County and would like to buy a place within a few hours driving distance. We’ve looked in Palm Springs but it seems very seasonal and hard to cash flow on top of a mortgage. Any suggestions for best markets in Southern California to purchase a str right now? We’ve just started looking at mashvisor to find comps but the amount of information and options can be overwhelming.