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All Forum Posts by: Vanessa Li

Vanessa Li has started 5 posts and replied 10 times.

Quote from @David D.:

I would consider taking over a turnkey property there but wouldn't advise investing in a conversion unless you're going super luxury or simply want to enjoy the area yourself frequently.

There are already 3k properties in the market currently and the average occupancy has dropped almost 23% in the last 12 months. IMO there are just better markets that require a much lower investment for a higher CoC return.

Hope this helps!


 Thank you David. In your opinion, what are the better markets with lower investments and higher return?

Hi everyone,

I’m exploring the idea of purchasing a property in Big Bear Lake, CA to use as a short-term rental (Airbnb), and I’d love to hear from anyone with experience in the area. I had some experience on long-term rental out of California, but I know running short-term is a different story. I’ve done some research on the local regulations and the market, but would appreciate more insights before moving forward. 

- Is Big Bear Lake still a profitable Airbnb market in 2024?

- How difficult is it to comply with the city’s regulations?

Hello, I recently found a house with a fair price but it comes with rotting on boards on top deck and water pool (improper drainage) in front on the sidewalk. I see black things on the deck and in the laundry room. I am guessing this SF may have gutter issue. I have zero knowledge on this. Please help and tell me how big this issue could be. Is this a potential structure issue? 

This SF is located in Dallas, TX if this information is helpful. 

@Murali Jesudoss Congrats! May I ask the zip of your property? I am interested in investing in Ocala and just start to learn about this city. 

Post: Above Ground Pool Removel

Vanessa LiPosted
  • Posts 10
  • Votes 7

Recently purchased a rental property with a pool which gives me a big headache. So I would like to remove this pool and grass the pool area. Below shows the picture of my yard and the above ground pool. My property is located at Dallas area. Is there anyone can help estimate the costs of the pool removal and grass rebuilt process? 

I am looking for the relatively big city with job, population growth to invest my first rental property. I wish it provides me positive cash flow in each month. Is Houston still a good place to look at? If so, what area/neighborhood around Houston?

Post: What Neighborhood In Tampa To Invest?

Vanessa LiPosted
  • Posts 10
  • Votes 7

@Alex Cueto appreciated. This information is very helpful. I start to look at the opportunities in Riverview and Lithia. 

Post: Is Tampa Florida a good market?

Vanessa LiPosted
  • Posts 10
  • Votes 7

@Jorge Vazquez Thanks. It's very helpful. I will check out these neighborhoods. 

Post: What Neighborhood In Tampa To Invest?

Vanessa LiPosted
  • Posts 10
  • Votes 7

Hi! I am from Los Angeles and looking for rental property investment opportunity in Tampa FL. I am looking for SFH in price range $200,000 to $300,000. I would hope it has high occupancy rate and get around 5% cap rate. Is there any areas/neighborhoods recommendations? I would appreciate your help.

Post: Is Tampa Florida a good market?

Vanessa LiPosted
  • Posts 10
  • Votes 7

Thanks @Jorge Vazquez. What areas in Tampa is still good for cash flow?