5 Considerations For The Luxury Vacation Home Investor Luxury vacation homeowners often have mixed feelings about placing their fine homes on a vacation rental program, especially when a revenue return was not necessarily a requirement for making the investment. There is a significant demand for high-end vacation rental properties in the Big Bear market. Renting out a luxury vacation Continue Reading
What Is A 1031 Exchange?
The tax-deferred exchange Section 1031 is a section of the Internal Revenue Code that allows investors the option of swapping one investment property for another with little or no tax due at the time of the exchange. An investor can essentially change the form of his or her investment without "cashing out" or realizing a taxable capital gain. Exchanges not only protect investors from capital gain Continue Reading
Who Will Manage Your Vacation Rental Investment?
Vacation Rental Management If and when you decide to put your Big Bear investment property on the vacation rental market, you will need to decide how it will be managed. Managing your property by yourself can be overwhelming and sometimes unfeasible, especially when you live hours away. Many investors opt to enroll their properties in rental programs offered by a vacation rental management Continue Reading
Mammoth Buys Big Bear Mountain Resorts
It's official! The final documents have been signed and Snow Summit and Bear Mountain are now part of the Mammoth family. The acquisition has been in the works for several months and now the sale of Big Bear Mountain Resorts to Mammoth Resorts is official. What does the future hold for the resorts? Rusty Gregory, CEO of Mammoth Resorts, said they will not be making any major changes at Continue Reading
5 Differences Between Big Bear Lake and Lake Arrowhead
Big Bear Lake or Lake Arrowhead? A common question that we get asked by clients and visitors to Big Bear is, "How is Big Bear Lake different from Lake Arrowhead?". This is a great question since Big Bear and Arrowhead have many similarities. Both are mountain lake resort communities located in the San Bernardino Mountains. Tourism is the primary economic generator for both communities, and both Continue Reading
Big Bear Vacation Rental Investment
Return On Investment Investing in a second home can be a lucrative way to build and diversify your investment portfolio. Owning a home in a resort market like Big Bear can have additional benefits, especially if you know how to maximize the potential for return on your investment. Purposeful and focused management of your investment property as a vacation rental can yield Continue Reading
