Vacation rentals are likely my most discussed topic while showing property to potential buyers. "How much could this generate annually?" "What are the restrictions?" "Do I need a hot tub?" "What is the best vacation rental area?" . Here in Big Bear, 80% of the homes sold are second ones and a majority of those will take advantage of the short term rental market. So what makes a great vacation rental? Let's dive in... Where should I buy? Location is a big factor (if not the biggest) when you are on your quest to … [Read more...]
Big Bear Lake Transient Private Home Rentals (TPHR) Ordinance
April 12, 2013 by Leave a Comment
Vacation rentals are big business in Big Bear. There are close to 1700 private homes currently registered or pending approval within Big Bear Lake city limits. Add to that the rentals in the un-incorporated areas of Big Bear (Fawnskin, Big Bear City, Sugarloaf, etc.) and the number of available vacation rentals within the Big Bear valley is estimated to be over 2000. The City of Big Bear Lake receives over $1,200,000 annually in tax revenue from vacation rentals based on approximately $15,000,000 in sales. Back in … [Read more...]
Renting Out Your Big Bear Home
May 13, 2012 by 1 Comment
If you own a second home in Big Bear, you’ve probably considered jumping into the rental market. The Big Bear vacation rental market is one of the most active and lucrative markets in California. The City of Big Bear Lake currently has over 1,100 registered vacation rentals on the books and they estimate another 300 to 500 properties are operating “under the radar”. If you take into account the hundreds of vacation rental properties located outside of the city limits, the total number of rentals in the Big Bear … [Read more...]
Real Estate Tips – Vacation Home Rentals
April 18, 2012 by Leave a Comment
Buying a vacation home for rental can be a great investment, especially if you have a stock heavy portfolio. According to MSN, baby boomers hold 57% of all vacation homes and about 21% have two or more vacation properties. Big Bear Lake is a great place to consider investing in vacation rental property. It’s southern California adjacent, with a small town feeling. An alpine forest surrounds the valley and the summer abounds with outdoor fun. Our well stocked lake will keep any fisherman happy. Activities range … [Read more...]
