Like Disneyland of American cities.  

Beaches, LAX, DTLA, Disneyland, Port of Long Beach... however your acquisition costs can be very high depending on the type of property you’re targeting.

Plus I never understood why anybody in their right mind would sweat their a***s off in FL when they can go to Disneyland in 70 degree sunny weather and see the same thing.

When you own multi-unit properties the 5th grade math goes like this.You purchase a 4-unit property for whatever price you pay and each unit gives you a $150 per month cash flowSo, now how do you get filthy with with 4 units vs a stinky single family home that sucks you dry.You earn 4 x $150 per month = $600 per month = $7200 per year positive cash flow you can put in your pocket and spend it going to Disneyland one time as $150 per ticket to get into one theme park where I think a small popcorn is now $7.Apartment units are in high demand and the Gross Multiplier is an average number being used today.You raise the rents for each unit only $50 the day you close escrow and you just made more money that most people can bank in 1 or 2 years and the math goes like this.4 units X $50 - $200 per month more positive cashflow x 12 month = a lousy $2400 per year.Now, your positive cashflow is $7200 + $2400 = $96,00 per year.

Many people go through this thought process when looking for STRs:"I want a STR because it cash flows so well => an STR has to be somewhere I or a lot of people vacation => disneyland => oh no the prices and margins are too slim, let's try Tampa => this looks good, but there's a lot of different cities and rules => Largo and Indian Rocks beach are simple, I'll do those".

. 🤪 I have never been to Disney Land.

I am in Anaheim - about a mile from Disneyland.

Hello folks, I am looking into a STR property near Disneyland Anaheim for personal use and airbnb (non-owner occupied) it out for the rest of the year. 

Our niche is to help investors to diversify and grow their portfolio in real estate and also making sure they have the smoothest process like a Disneyland experience to the clients.

Many of the motels I looked at were eventually torn down and many were less than 1 mile from huge amusement parks like Disneyland and Knotts Berry Farm a fairly well-know and super busy amusement park only 7 miles from Disneyland.So, don't let sellers fool you with words like 'lot of money in the business' because every business has some sort of inherent problems and you should want to find a business with the least number of inherent problems and the best ROI.