[Jazzman]

Thanks for the very full reply. I have long term rentals that are outside CA, and they do well. Short term would be more of a money-making hobby, and so would only do it local to where I live, which at the moment is soCAl. I was curious whether the numbers work in CA for short term rentals, given the high cost of housing here.

[Jazzman]

Thanks for the very full reply. I have long term rentals that are outside CA, and they do well. Short term would be more of a money-making hobby, and so would only do it local to where I live, which at the moment is soCAl. I was curious whether the numbers work in CA for short term rentals, given the high cost of housing here.

[Jazzman]

Thanks for the very full reply. I have long term rentals that are outside CA, and they do well. Short term would be more of a money-making hobby, and so would only do it local to where I live, which at the moment is soCAl. I was curious whether the numbers work in CA for short term rentals, given the high cost of housing here.

[Jazzman]

^^^I’ve thought about corporate/vacation rentals but it strikes me that to buy into the good areas, you have to pay a premium, and your market is more vulnerable to economic downturns. When you say returns are better than long term, what cap rate do you normally get, and are you managing the properties yourself?

[Jazzman]

^^^I’ve thought about corporate/vacation rentals but it strikes me that to buy into the good areas, you have to pay a premium, and your market is more vulnerable to economic downturns. When you say returns are better than long term, what cap rate do you normally get, and are you managing the properties yourself?

[Jazzman]

^^^I’ve thought about corporate/vacation rentals but it strikes me that to buy into the good areas, you have to pay a premium, and your market is more vulnerable to economic downturns. When you say returns are better than long term, what cap rate do you normally get, and are you managing the properties yourself?

[Jazzman]

^^^I’ve thought about corporate/vacation rentals but it strikes me that to buy into the good areas, you have to pay a premium, and your market is more vulnerable to economic downturns. When you say returns are better than long term, what cap rate do you normally get, and are you managing the properties yourself?

[Jazzman]

^^^I’ve thought about corporate/vacation rentals but it strikes me that to buy into the good areas, you have to pay a premium, and your market is more vulnerable to economic downturns. When you say returns are better than long term, what cap rate do you normally get, and are you managing the properties yourself?

[Jazzman]

My wife and I went to Costa Rice to attend a seminar on moving and living there. We cut our stay short by three days. It may have been a coincidence, but three or four unfavorable incidences happened in such short succession, a red flag went up. There are attempts to impose US-style living there (no doubt to attract expat retirement dollars), and to whatever degree this has been successful, security needs to be weighed in heavily on any decisions regarding moving there full time. I wouldn’t say don’t do it, but it may not be for the feint of heart, cost of living notwithstanding.

[Jazzman]

My wife and I went to Costa Rice to attend a seminar on moving and living there. We cut our stay short by three days. It may have been a coincidence, but three or four unfavorable incidences happened in such short succession, a red flag went up. There are attempts to impose US-style living there (no doubt to attract expat retirement dollars), and to whatever degree this has been successful, security needs to be weighed in heavily on any decisions regarding moving there full time. I wouldn’t say don’t do it, but it may not be for the feint of heart, cost of living notwithstanding.

[Jazzman]

My wife and I went to Costa Rice to attend a seminar on moving and living there. We cut our stay short by three days. It may have been a coincidence, but three or four unfavorable incidences happened in such short succession, a red flag went up. There are attempts to impose US-style living there (no doubt to attract expat retirement dollars), and to whatever degree this has been successful, security needs to be weighed in heavily on any decisions regarding moving there full time. I wouldn’t say don’t do it, but it may not be for the feint of heart, cost of living notwithstanding.

[Jazzman]

My wife and I went to Costa Rice to attend a seminar on moving and living there. We cut our stay short by three days. It may have been a coincidence, but three or four unfavorable incidences happened in such short succession, a red flag went up. There are attempts to impose US-style living there (no doubt to attract expat retirement dollars), and to whatever degree this has been successful, security needs to be weighed in heavily on any decisions regarding moving there full time. I wouldn’t say don’t do it, but it may not be for the feint of heart, cost of living notwithstanding.

[Jazzman]

My wife and I went to Costa Rice to attend a seminar on moving and living there. We cut our stay short by three days. It may have been a coincidence, but three or four unfavorable incidences happened in such short succession, a red flag went up. There are attempts to impose US-style living there (no doubt to attract expat retirement dollars), and to whatever degree this has been successful, security needs to be weighed in heavily on any decisions regarding moving there full time. I wouldn’t say don’t do it, but it may not be for the feint of heart, cost of living notwithstanding.

[Jazzman]

[quote=GH]Without adequate last mile infrastructure all of these public transport ideas are doomed to fail.

In UK where train travel used to be fantastic, it was decided to cut all of the rural money losing tracks. Officials were “surprised” to find previously money making main tracks now faced substantially reduced traffic and thus were also no longer profitable. Of course the presence of a union mandated “fire man” (looks after the coal burner) even on electric lines is laughable …[/quote]
Unions aside, I’m not sure how people are getting about if they’ve stopped using public transport. They certainly won’t be all using their cars. The M25 currently holds the title for the largest car park in the UK. The need for the London congestion charge sent the message “we have enough cars thanks”. How many lines in the UK were ever profitable? The problem is very old tracks and trains and not enough money to upgrade them. Public transport almost certainly need government subsidies to run.

[Jazzman]

[quote=GH]Without adequate last mile infrastructure all of these public transport ideas are doomed to fail.

In UK where train travel used to be fantastic, it was decided to cut all of the rural money losing tracks. Officials were “surprised” to find previously money making main tracks now faced substantially reduced traffic and thus were also no longer profitable. Of course the presence of a union mandated “fire man” (looks after the coal burner) even on electric lines is laughable …[/quote]
Unions aside, I’m not sure how people are getting about if they’ve stopped using public transport. They certainly won’t be all using their cars. The M25 currently holds the title for the largest car park in the UK. The need for the London congestion charge sent the message “we have enough cars thanks”. How many lines in the UK were ever profitable? The problem is very old tracks and trains and not enough money to upgrade them. Public transport almost certainly need government subsidies to run.

[Author]

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