• Home
  • Search By Date
  • My Favorites
  • Policies
  • Owners
  • Things to do
  • Blog
  • Login
  • Home
  • Search By Date
  • My Favorites
  • Policies
  • Owners
  • Things to do
  • Blog
  • Login

FAQ for New Homeowners

We get a lot of frequently asked questions for new homeowners about adding their homes to our program, we wanted to make it a little easier for you to find the answers to your questions. Here is a list of the most asked and the answers…

 

Question: What is your management fee? I’m sure it varies, but can you provide some sort of range?

Answer: 27%

 

Question: What is your typical occupancy rate? I’m sure that varies by month but, again, any info would help.

  1. A) I can rent a home out and gross $100,000 and we make $27,000 with 250 days a year

Or  

  1. B) I can rent a home out and gross $60,000 and we make $15,000 with 120 days a year…

 

In each case, you might net $30,000 depending on utilities and wear and tear….   proposition A is better for me,  proposition B is better for you and a better long term solution for both of us.

The process of putting down 20% and trying to cash flow, for the most part, is over in Big Bear,  prices have gone up too much. There are many buyers that have bought homes for $500,000 in the past two years with cash, and the homes gross $60,000 and they net $30,000 after commissions, utilities, wear and tear and before property taxes (offset with depreciation). Homeowners then are very happy with $30,000 on $500,000.

75% of your revenue can be generated during the busy season from 11/15/ to 3/15…and if you plan on using it during those times…it will be tough to generate high revenue.

Share

Tags: big bearbig bear lakedbbdestination big bearfaqfrequently asked questionshomeownersnew homeowners

Follow:

  • Home
  • Destination Big Bear Visitor’s Guide
  • Activities, Experiences and Ideas
  • Food & Drink
  • Big Bear Events
  • Big Bear Restaurants
  • Featured Business
  • Weather Forecast
  • Road Conditions & Directions
  • Exclusive Guest Deals
  • Big Bear Current Discounts
  • Leave a Review
  • Discover Big Bear
  • Angels Camp In Big Bear
  • Big Bear Lake Vacation Rental Renewal
    • Destination Big Bear Home Owner News
    • Homeowner Information
    • Homeowner Lastest News
  • Big Bear Homeowner Marketing Info
  • Affiliate Program Destination Big Bear
  • Homeowner Information
    • 10 Ways We Will Work For You
    • People Love Us!
    • What Our Owners Say About Us
    • Why Choose Destination Big Bear
  • Homeowner Lastest News
  • Big Bear Cabins – A Good or Bad Investment
    • Great Big Bear Vacation Home Rental
    • Big Bear Vacation Rental Expenses
    • Big Bear Cabin Rental Costs to Owners
  • Big Bear Vacation Rental Home Owner Checklist
    • Big Bear Vacation Homes Can be work
    • Frequently Asked Questions
    • Insurance Providers
  • Big Bear Cabin Rentals – Location?
    • Castle Glen Management
  • Vacation Rental News

Destination Big Bear - 713 Stocker Rd, Big Bear Lake, California, 92315 Copyright 2018