Home Buying in 91101>Question Details

dellaripa002, Other/Just Looking in 91101

Where is a nice area to invest in a Vacation rental home for under 100k in LA?

Asked by dellaripa002, 91101 Wed Oct 17, 2012

My family is looking to invest in some property in LA with the idea to rent it out as vacation rental on nightly weekly and/or monthly basis. We are not interested in buying property to rent out to yearly tenants. We are new in the LA area and are very unfamiliar with the good/fun neighborhoods and the bad areas.

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2
Kirk Garibian’s answer
A good place for investing at relatively low costs will be in the Palm Springs/Cathedral City area. Many people go there to vacation during winter(especially if they live in a cold state) and homes can be had for cheap now a days. Another option is Big Bear, homes are very cheap and popular for those looking to ski or snowboard during winter.
1 vote Thank Flag Link Mon Jan 28, 2013
Are you kidding?? You must be.
0 votes Thank Flag Link Tue Jan 22, 2013
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