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All Forum Posts by: Ross Aveila

Ross Aveila has started 3 posts and replied 3 times.

My partner and I have been actively looking for various properties around the country for short term investment. One of the areas we landed on was near Yosemite National Park. We are looking to invest in a 3 bed / 4 bath home that can host 6/8 people. Ideally, we will within an hour's drive from Yosemite and few other local attractions. Fire risks aside, does anyone have experience owning/managing a property in the area and want to share their insights.

I am new to real estate investing so appreciate any guidance on this topic. I am looking at investing in my first STR. I'd like to finance the property, but currently we are tapped out in terms of conventional loans. I have been looking at asset-based financing. Is that something folks here utilize to fund their short term rentals? If so, any advise on firms or companies to work with that you have experience with.

We just started a search for first short-term vacation rental, and we have shortlisted a few areas. However, it seems that every area has its own set of local laws, requirements, permits which seem to vary by counties, cities, and towns. On top, there are restrictions in number of permits, waitlists etc. Before we invest, we need to be confident that our investment can be put to use quickly. Curious to know how have folks tackled this part. Do you a. do your own legwork? b. let your realtor research and provide you info? c. something else? It will be super helpful as we get started in this endeavor.