All Forum Posts by: Shehryar Iqbal

 Hi Judy, 

are there restrictions/hold on new str permit now ? 

or is it still possible to get new permit , or what other near by cities/county might be good for str ?

I looked at the data on FF when I scoped out my area as well. I was surprised to see how much demand there was in terms of numbers of people searching my area. I then went to the FF website and put in some target dates to see how many places were available. I filtered it down to a unit the same size as mine (fully self contained 1/1), then further filtered by pet friendly because our accepts pets, then further filtered it based on amenities and decor. Turns out there was very little true competition and we've done remarkably well - better than I had anticipated. I've also raised rent twice since we started and we remain booked out comfortably in advance. Your amenities and decor MATTER in this niche. There are a lot of "granny" looking properties that don't stay booked unless they're dirt cheap and then the tenant quality tends to be sub-par. I don't advertise on on the OTAs so I'm not sure what those sites have to say about market potential, but digging deep into FF and being honest about what I was comparing my property to has paid off well for me. Good luck to you!

Hello all, I'm a Realtor in Oakhurst with a lot of experience with buying/selling and permitting process in and around Yosemite. Yosemite is in Mariposa County and they are becoming quite strict. Oakhurst at the south entrance to the park is in Madera County with a much easier process. Where you purchase of course depends on your goals, and desire for your own use.  There is a lot to know and discuss, especially if you are looking at Mariposa County, so please feel free to reach out!!

I have a property halfway between Mariposa and Oakhurst that I'll be posting to Airbnb soon. DM me - Happy to share learnings so far and give you an agent referral.

Hi,

We are closing on our second short term rental in Oakhurst this month. Personally I really enjoy the area which is why I chose to invest there. Heres my listing: https://www.airbnb.com/rooms/5...

Happy to share our experience with you.

-Jennifer

Hey Chris,

I have never used RentPrep but if it is on BP it has to be good and trusted!

Screening a tenant is a big part of the process but also check what your guts tell you and if it is possible to meet the tenant in person, that will tell you a lot about the person.

Is any of the $6,000.00 designated specifically for housing? (if so that amount would at least be guaranteed to go to you).  I try not to get emotionally involved in my decision making, how does the lady seem?  Does she seem like she is responsible?  Does her son have income he could provide to assist in the qualification process?  Lots of options for you here, ultimately you need to do what you feel comfortable doing.

Maybe get a co-signer or see if she knows anyone that could be put on the lease with her and help her pay the expenses, or suggest she tries to get some sort of housing assistance.

Again at the end of the day you are the one that needs to live with whatever decision you make.  Feel free to PM for more detailed options.