Years ago, I owned a vacation rental and I loved it. It was only a few hours from our home and we would go there to escape from the city several times during the year. Back then, Matt and I both had very stressful jobs, therefore the mini-vacations really help relieve our stress. Eventually, we had to sell that location, however, we loved the experience so much, we’ve made it a goal to purchase another one.
Today’s Story is Sponsored by Vacasa’s; however, all opinions are my own.
Even though, I’m now a stay at home mom with all of the responsibilities of the holidays I often find myself needing a vacation from my holiday vacation. Which is why I love the idea of having a winter vacation property to retreat to after the New Year. Now, if you’re like me, having a house you visit only once a year may seem like an unattainable luxury but purchasing a rental property in a winter vacation destination could actually be a wise investment.
The key to finding an amazing rental property isn’t just knowing the best locations, it’s knowing what locations are up and coming. I discovered a new report from the vacation rental pros at Vacasa that has confirmed something that I’ve believed about the Big Bear Lake, CA winter rental market for a long time.
It’s primed to explode.
Vacasa applied their prodigious data analysis skills to the copious amounts of data they have on vacation rental markets around the country and pinpointed the Top 10 best places to buy a winter vacation home right now.
Winter month occupancy in winter vacation destinations are up almost 25% year over year since 2016. That means that winter vacation destinations are a real trend. But there’s more to finding a truly lucrative vacation property than proximity to skiing and snowboarding.
Vacasa’s Winter Vacation Report identifies the markets with the highest average occupancy increases in the winter months and chose the ones with the best one-year return on investment.
Big Bear Lake, CA was #6 on the list.
You can check out the report here. And if you’re in the market for a winter vacation home I’d love to start a conversation about how to get into Big Bear Lake, Ca rental market.