Related Posts
SoFi Stadium in LA, opening in 2020 (MSP-LAX)

Hi Fishes, I recently joined Pwc AC and was informed to update my checkpoint portfolio where we update all our investments. If we have some investments and if we do not declare them, will it be a problem or can I update it as Nothing to report. Recently I joined here so I'm having some confusion regarding this.
Descending into SFO

MU & OCLR, stock bowl anyone?
More Posts
Sometimes it is not...

PPMD’s selling PMO projects in these trying times
Accenture, you good mate? Too much turkey?
Additional Posts in The Real Estate Bowl
New to Fishbowl?
unlock all discussions on Fishbowl.





Subject Expert
Are you asking about San Diego short term rentals because you have experience with them?
Subject Expert
The problem with a break even plan is that any unexpected expense (damages / losses are frequent with short term rentals) and/or increased vacancy and you’re bleeding money. And let’s not talk about a situation where a tenant decides not to move out and you’re stuck with an eviction… good luck getting that to happen quickly in California!
I’m trying to help you understand that it isn’t all rainbows and unicorns to buy a house and turn it into a short term rental right now. Some people were killing it over the last few years, but with increased saturation and increasing legislation, it’s very difficult if you’re just starting now (especially with 0 property, 0 furniture, and 0 plan of attack going into it).
You’re better off trying to find a long term rental in a lower cost of living city that has good landlord laws, decent cashflow, and decent rent growth to cut your teeth on. Find and buy 3 to 5 rentals in the same market, run them for a year or 2, then decide if you want to get into the highly competitive, highly legislated, high stakes game of short term rentals.
While*