저자: Kevin · 외국인
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Kevin과 Lauren이 캘리포니아 Spring Valley Lake 커뮤니티를 탐방. 3,000여 가구, 1969년 이후 개별 필지 자가건축으로 주택 양식이 제각각이라 비교(comps) 산정이 어렵다고 평가. 레크리에이션·은퇴자 중심 지역이며 범죄율 낮고 관리 상태 양호하나, 고소득층 유입·지속적 리노베이션 여력은 약하다고 봄. 에어비앤비 임대 잠재력은 낮음(3~4곳/3,000가구 이상). 기후·저세율 타지역 대비 매력 부족으로 투자 대상에서 제외하는 결론.
다듬은 글
in this video you're going to learn a lot about real estate investing some very important principles to pay attention to and if you want to Shadow me in person as others have in these videos well check out the link down below and come join me as we go on one of these trips that's one way to see real estate here we go that's where we were there's the post office the stations well we're here I'm not exactly sure where I think it's Spring Valley I'm also not sure why we're here but um we're I suppose here for house hack to figure out why we should invest here or should not invest here now I have no idea what to expect but uh here's some footage from our flight over and you'll see all my optimism so let's get into today and uh hopefully be very very surprised all that available land is a risk for that town you have no idea how much extra building could be done lowering the value of existing older our homes unless there's something attracting people to the center and since I could see the middle of that area in like a stone's throw I'm not too optimistic about geographic boundaries here now the big concern is what actually keeps people moving to this area are they only moving here because it's cheaper to live here or are they moving here because for some reason there's some kind of big employment here or vacation destination employment vacation destination or weather great fine but if people are only moving here because it's cheaper and as soon as cheaper Places come up or like you go to Vegas where you don't even have the state income tax like the California desert where you do have the state income tax some people are just gonna move to a cheaper area eventually in the future and these towns will die out this is where you buy like a thousand acres of land for negative money they pay you to take it oh my gosh so many nuts I don't know is it too late to turn around yes you just don't know right like what if we go there and the lake is like I was not expecting anything good of Gilbert and I was like Gilbert's gonna suck and then I'm like Gilbert it's awesome you know maybe we go to this Lake and then I start stripping and then all of a sudden it's like a vacation destination you know and then uh we get you know Airbnb rents pop and we just kill it out here all right well we'll just go now this is how you get around this is beautiful oh we're so excited to explore we have no idea what to expect so we're really excited to see my people come why do people leave um Airbnb potential rental potential everything so we're so excited so we're in Spring Valley Lincoln California this is a community that started being built in about 1969.
we've got just over 3 000 households here and what we're finding is there are a lot of homes of different ages here as this wasn't all built out by one Builder it seems like homeowners sort of came in started buying Lots individually uh and then built their own homes with builders that they chose so you have a lot of varieties of styles like here's more of potentially 70s 80s home uh whereas over towards the end over here you're going to get a little bit more of that late 90s early 2000s looking home whereas over here this looks like an early probably late 90s early 2000s here maybe mid 2000s over here just judging by the outside and then back to maybe 1950s kind of home here so you've got a little bit of um yeah lack of homogenousness if you will given that that's probably the three and two here and that's like a mansion over here then you also do have doc homes out here which is interesting this is a very recreational uh area where the people with docks obviously have their boats by the water the people who don't have docks will have their boats uh either on their property or out here on the street you get to see sort of looking up the street over here we got Boat RV RV boat uh we got the Jeeps we got the wave Runners so it's it really feels like kind of like that vacation place you go to to kind of retire so it's almost like you want to retire in a vacation community that seems to be what Spring Valley Lake is now they do have the Community College just outside they've got the school systems outside you're subject to Victorville uh City permitting and overlays the whole community's got a 100 HOA it looks pretty nice in terms of they've they've repaved the roads uh the most of the properties are pretty well maintained and manicured you're not you're not seeing I think for example we were in Salt Lake just yesterday and we saw quite a bit of uh you know rusty cars damaged cars blown out windows uh rusty water heaters thrown on lawns people growing crazy stuff and lots you're not really seeing that here you're seeing these are very very well kept homes that's at least my first impression so a lot of pride of ownership I'm seeing again not a consistency in terms of of type of property or age of property or size of property but a lot of pride of ownership I mean even when you see stamped concrete like this this is a lot I mean this was probably done about 15 years ago you could see it's starting to lose some of its color but even still this uh this is a pride of ownership play right because you're spending more money to do this kind of ribboning of concrete on the side you're spending more money to stamp a few more bucks a square foot it's kind of nice so let's take a look inside so this one's a three bedroom probably oh three full bath it actually says 1866 square feet this one was built in 79 so about 10 years really after they started in here interesting okay so I see a lot of votes on the street now is that because they've lowered the water for the servicing so oh so everybody takes them off yes okay that's why we see more of them on the streets and that Ah that's good to know they're on the docks here lifted or however just an annual maintenance that they do out here but annually by annual got it okay okay so sort of like spring fall well I guess winter they always do it in the winter in the winter yeah yeah you got it and how long does it usually last each time they they sort of so this time it's longer than usual yeah it's usually a couple months but this time okay because seven months yeah yeah because they lowered it lower because of the coving they're doing major repairs this year gotcha major repairs and upgrades okay uh and so you were saying that people will come by the individual lots and they'll find their own builder and that's why you have so many different styles of homes because everybody's built them custom essentially correct they're all expect homes in the same area yes ah okay yeah awesome okay so any kind of I mean I guess the limitation would be the width of a lot for for boat size with and then probably what five feet on each side or something like that what um what are your usual widths out here you're like maybe 60 feet uh you you know the length of the boat well I guess that's interesting because you have u-shaped docks here uh in where's Lauren in the Ventura Marina we get a lot of the long docks right and then we'll measure them usually as like 40 or 50 foot docks right here I'm noticing they're they're but then again you're not going there's probably a limit to the size 22 feet Ah that's why okay yes yes right because there you're talking about 40 50 60 foot boats here the limit is 22 feet you said correct okay so you're you're talking pontoons uh and smaller uh recreational yes deck boats and wake boards and you know ski boats got it you know that makes sense yeah okay and uh a lot of folks also have their RVs here which makes sense I imagine uh you've got a lot of people that enjoy both the water and the land here where do people go camping do they just go up to the park the Mojave Park yes so okay they're just right yeah yeah just right there that's amazing we have a trail here that needs actually a biking trail that floats right into that oh that's awesome yeah wow okay yeah it's pretty nice uh and then let's see so you've got do they have RV parking somewhere where people can park there so in the the higher part on Ridgecrest yeah where we were at and we came down yeah oh okay okay so to the right side where you saw those those uh that commercial area right there right they have parking there gotcha okay yeah so that way if there's less room on the street or whatever you could just park it there correct okay yes that makes sense okay cool all right and is this about your typical depth in the backyard that you get is this usual if you have a dock um for the most part yes well our house well we have a double log yeah if you there's only five double odds on the whole leagues and you have one of them yeah and is it is it then just in all Dimensions or in One Direction You Go I mean I'm assuming you have a double lot width-wise yes yeah yeah so but yeah for the most part they uh they all look like this that's awesome yeah the majority of them and except for like you'll see those cul-de-sacs they're about 13 000 square feet ah okay okay that's where you're getting the larger Lots I see but because they're a little bit more on those turns and the bows there okay yeah all right that makes sense okay great so this is a this is again a 79 style home and it seems like yeah I mean single stories two stories I guess just whatever somebody wanted to build probably the newer ones more two-story okay so 79 single story here I'll I'll have to ask how many people retire in these sorts of areas I mean Lauren what do you think to me it it seems like the retirement style community that you go to you know what reminds me of a lot uh Leisure Village yeah yeah I I think I wouldn't be surprised a lot of people that have ambition and want to further educate themselves would definitely go outside of this area for college and want to leave and probably not come back yeah yeah I I don't I don't see a massive attraction for for uh higher income folks staying here I think this is where this is where my income kept me and then I moved here yeah yeah yeah yeah but then you have amazing amenities sure right yeah So Okay so we've got oh this is almost like a double master here yeah so another problem that I think you're going to have is if everybody has their own spec homes then it's actually very difficult to comp the properties because you can't do model match comps because it's not a tracked yeah and the best generally type of investment that I enjoy the most are tracked homes sure because if I want to buy a three bedroom two bath that's 1721 square feet I can find 10 others of those and no those have problems with settling there those have problems with that these are the comps these are the values if every single house here is unique because they're all custom built that makes it a lot harder yeah for example this doesn't initially strike me as the typical three and two style because it almost looked like you had a double master here uh so you've got so you've got your master here got this sort of more open I think it's important to note too that even with custom spec homes like if you look at the Ventura Hill style Hillside that got demolished a lot of it for the Thomas fire there are known Architects that actually have building plants that even though they are custom spec homes you could just know from the Builder that the layout's probably going to be pretty good you know not that that could necessarily help with your your comps but at least you would you know kind of have some normalcy going on there it would take a essentially what Lauren is saying is if you're that local expert and you know ah that one Builder has the best floor plans you can comp amongst those the problem though is you have less of that right yeah so let's say you have a 4 000 homes here or three thousand we'll go with let's make the math easy let's say you have a thousand homes if 50 of them were built by one Builder and three percent of those turn over every year you're only talking about one or two homes a year that are selling from that one building yeah so your your comps are going to be far and few between for each Builder but yeah I think each Builder would have their own reputations and you'd almost have different values based on this I think so because that's what we see on the hillside oh yeah it's just a pain in the butt because every single one is very difficult to comp yeah uh especially with the hillside too you get different views that's true here now you have to do different builders you have different sizes you have different ages because there's no consistent age right yeah and then okay who's got the better position on the lake or versus no Lake right that's that's also interesting is Lauren uh just brought up that in for example our Ventura Keys Marina we originally had the entire Ventura Keys built out by uh attract a developer and they were called Pace Setter homes and then what people have done in the last 10 15 20 years is you've seen people come in and we're going to take that original 1960s home scrape it and rebuild some amazing 20 20s Plus or yeah and I think I don't know and it's maybe unfair for me to judge just from outside appearance but when I see the Ventura Marina homes getting scraped and rebuilt the outside looks like damn that's like quality and then I'm going around here and the Realtors are saying here's a new build here's a new build I'm like uh like you know it's I don't know I just think that it could be better done sure yeah sure oh this is the I this looks like another Master to me yeah so so you have another sort of mass tweet which is fine but now where's our third bedroom on the other side okay so they separated which I mean that's actually interesting for like sound purposes because then you said oh oh down this way oh here it is oh wow that's wild look at this yeah I mean you get oh they brushed her teeth in the shower I mean I guess that's that's multitasking yeah how many retirees you get here is that mostly what you're getting here you do get a lot especially on the water you get a lot of retirees got it um most of our neighbors are retired that makes sense yeah yeah yeah now what's interesting is you have all the space but they're still choosing to park on the grass the the car behind me that doesn't make sense I don't get that I yeah I don't know it's weird I don't want to seem mean but I wonder if like break-ins are a thing with their cars and if they have them on their lot maybe that's less likely because if bug bites or something I don't know so what's crime like uh around here oh right here yeah it's very good it's almost non-existent I mean we have the 24-hour surveillance oh the security that drives around yeah yeah okay so we have that we also have uh a small sheriff's station in here as well oh wow inside like a substation yeah we also have a uh Fire Department in here as well oh wow so so yeah it's it's very very small that's awesome that's great from the high desert it is aside from the gated communities over here it is oh are there the gated communities within uh Sun uh within this neighborhood then no no no no where are they oh in the gated communities are in Apple Valley got it got to get it I understand you know one of the downsides of uh large retirement populations is often there's a limit to how much you can really spend on continuously renovating right because you've stopped working and you're trying to live off the rest of your assets so think about it most people who end up you know when it's time to pass away they don't have the most modern home anymore right it's usually people who just retire Remodel and then when they move it's it's dated right now when you have a neighborhood that appeals to more retired people it can mean that over time you get less of that upgrading right or more dated renovating everywhere uh sure of course that could open up the idea that maybe you'll find individual wedge deals right but you're not getting that fresh injection regularly from other people like maybe uh you know I don't know uh White Collar professionals who just got promoted at their job and they're like yeah I'm doing new Landscaping right because you're not getting that boost to income anymore okay next what are your thoughts on the vine growth I think it's a a really good look but what are your thoughts on this look Vine growth looks awesome it gives you that homey feel for a house I think it's great in terms of uh when you have it manicured it looks beautiful problem is it damages the stucco leads to more moisture intrusion into the house so you're gonna get more rot behind there and so definitely a maintenance cost comes with having it I wouldn't have it on any of our house high properties I would get plants and growth away from the properties for sure by the way shout yourself out where where are you from who are you why are you here everything yeah so my name is Brandon Howard from Northwest Arkansas uh I'm here to obviously do a little uh shadowing of Kevin who uh I think is just a wealth of value and also trying to convince him to bring house hack to Northwest Arkansas where I think is is truly one of the uh the deepest uh values in in the real estate game so gonna spend the rest of the day trying to convince him to get down to beautiful Northwest Arkansas well thanks sir me today thank you yeah all right let's keep looking at real estate see so this is an 85 property right here and you can tell it's an 80s property when you look back over here what you end up having is what looks like a 2018 property so you do you get those differences this one backs up to a golf course three bedroom three full bath just like the last one 2171 square feet uh was this one again 465 for this one and 510 for the last one two story here this one on a busier Road this is on the Country Club Drive one of the main roads through here it does back up to one of the multiple golf courses we have here we got some some rot it's all right that's one of the important aspects of wedge deal you gotta have rot mold is the best the reason that the 1.4 million dollar home in the same neighborhood isn't selling because it's surrounded by so many other four or five hundred thousand dollar homes definitely don't want the most expensive home exactly you want the opposite you want to be surrounded by million dollar homes and get like that 500 000 home with a fixer-upper right it is a little tougher to comp these it's tougher to to maintain any kind of higher value when you have older drag you down like anchors yeah they're anchors so uh we also heard that uh actually Trish you mentioned that there was another neighborhood newer construction but it's 55 and older only so you get those restricted neighborhoods uh yeah I I personally want to have the widest rental market possible so I don't like any restrictions here no restrictions so what's the what's what's up in Arkansas why would somebody go to Arkansas how are you going to compete with Spring Valley not not to off Indiana but you know we we have a real a real Lake for one uh not not that this isn't a real lake so it looks more like a reservoir but you know it's a lot of fun to get out there and and have uh I don't know the the nature to spend time on you've got Devil's Den we've got a lot of different hiking trails there's some devils but Devil's Den is an awesome hiking trail got University you've got incredible job drill to the Walmart Tyson JB Hunt um so you said like Corporate Offices yeah Corporate Offices everything that runs Walmart is located in Bentonville um in the surrounding areas so you have that in a good way anchors the community as well as JB Hunt and Tyson a lot of population growth right so that's North Northwest Arkansas Northwest Arkansas yeah Fayetteville you've got the university then you've got Bentonville where you've got a lot of the Walmart facilities there and then Rogers we've got Beaver Lake Lowell Cave Springs there's a nice little collection of cities that we are very fond of and we love all of Arkansas but Northwest Arkansas certainly stands out among everything else in Arkansas nice thank you for that let's go check uh check out this house so this is always quite complicated or challenging for older folks is is any kind of Step I think that's why the cones are here because you have changes of flooring and you're appealing to uh likely an older demographic uh and so at least it's obvious that there's a flooring transition change here but that uh you know that's going to turn some people off because you can't get around with let's say a walker for example but then again you probably wouldn't be looking at a two-story home so uh oh this is a very nice backsplash uh I'd like um just how clean it looks they've actually gone from what you usually see is that sort of sparkly style quartz to what here is just a pure white quartz it's kind of nice look at Lauren this is like a new version of sparkly white it's just pure white is kind of going away and then just like the Sleek like flat tone or not flat but just solid tone to compare with like that gray mineral rock that you usually see crushed up into it this is just like salt the one negative to that though is that you will literally see everything even with a white sparkly speckled or whatever even though it's white at least it does disguise stuff a bit more than I never spill on the counter yeah coffee spills yeah what's your thought on the the white cabinets with the white backsplash white countertops with a white flooring I mean how's that going to mix it up a little bit on on the floor for sure floor for sure and I I personally think the longevity and the timelessness of a white kitchen that's always been a thing even when I started in 2008 you get mad at me when I do gray yeah because it's going to go out and you know white could go out too but I don't know since 2008 everyone I sit here every wife going to look at a property I love a white kitchen I love a white kitchen I don't know I think the floor here changes but yeah like a luxury vinyl plank and it was that that brown whether it was lighter or darker like matte uh black knobs Hardware oh the contract that missing Hardware here exactly yeah good call yeah and yeah yeah I don't think that you should have a white kitchen either I think that even the Edgecomb gray could be done throughout and it gives that nice uh in terms of the wall paint yeah because then you would have contrast I mean this would be the refrigerator here but just so you can see it would be a gray contrast to here white bricks like right over there I painted brick Oh I would take that over it being the traditional red yeah if you wanted to do a cheaper route of trying to modernize a bit you would paint it white yeah right there there is not even a fence this is another one of the things no consistency in terms of backyard so here you have zero fence uh we have to sort of guess where the law line ends we could lighten it up with the neighbors but here you have this white metal fencing over there you have black fencing over here and this is curved white fencing over here uh you don't have any stone work you just have white fencing around the white metal fencing so every house has a different thesis for or for uh they're fencing in here of course you have a lot so somebody else is going to eventually build there I would assume wait this has an HOA yeah yeah see you're saying that in a surprise way yeah I'm surprised of a lack of consistency yes yeah I think though that is paying for the pool and the tennis courts the amenities okay yeah I will say aside from the lack of inconsistency it's a pretty it's a pretty beautiful view this is it's nice unless you get attacked by those geese those that are coming for you do you have to pay separately for the country club for like the golf course and that yes that's like a membership fee to be part of it okay and then you can use the the amenities like the pool I see so the hundred dollars is that's more of to be part of the association so the hundred dollars for the community to live in the community okay off for the lake and that okay okay got it but that doesn't then get you uh the golf course and the pools because that that's part of the country club correct gotcha how much is that about so that's around like four or five hundred dollars yeah and per month on that correct gotcha okay okay take it over so so price might go up it varies we don't uh TBD okay gotcha yeah yeah very well okay let's take a peek up here okay master so that's actually interesting people might move into this neighborhood thinking oh I'm gonna get access to the pool and the golf courses and the amenities that are here but the 100 HOA fee only gets you access to the lake it does not get you access to the golf courses and the pools another 400 bucks a month oh okay so now if you wanted both ho well you have to have the HOA but you also wanted the other amenities looking at 500 bucks extra per month for both of us maybe that makes sense though because maybe something well no but maybe only somebody wants like an owner wants one of those things and doesn't want to pay the phone out but if you were here as a landlord renting it out yeah then you're you're producing your opportunity yeah you're probably eating most of that cost yeah you know you could say oh tenant to pay but then if your competition is offering it yeah yeah all right ooh see this is like a wedgie bathroom right here oh yeah this is your perfect this this is what the algo picks up as well the the alvo loves this for wedge this uh handle here right here love these what we usually do is we turn these into can lights so we'll put two or three can lights here instead of this yeah this Cabinetry is actually good quality great quality paint and perfect to paint light sand knobs it's got the drawers no chips no chips it's actually in great shape even if it had a little chip it would fill it in and then paint it but it's in great shape this tile you know what I'm thinking uh glazing it glazed yeah this is great look at that in the tile no chips harder to fill in tile chips right but this tile is a great shape to glaze this modernize the uh uh the picture here maybe frame around the mirror lighter paint on this this is way too dark for a bathroom and obviously this ah it's gonna get some nice spray painting as well we get flowers on the tile is that a sticker though because it's like it's an edge oh no that's part of it it's part of the top yeah yeah yeah but it's it I know maybe it would show through a little bit it is raised right this is the tile oh no I know it is but if you were to glaze it would any of this design show through I wonder you could probably like steel wool it off maybe super flat yeah steel wool it off and then probably maybe a new door or something or just go to curtains obviously even if it were showing a little bit it wouldn't be worth completely redoing it for a little bit of a flower design because if you generally have the bathroom modernized and that was the one aspect where it's like oh there's like a little design that I don't ideally like it's not going to make a difference with rent and nobody's gonna know yeah all right I'm done me too let's go when's our coffee break where's McKay where's the boss yeah we've done that before where we've stained before it's painted sometimes the stain could be pretty nice on some of these it depends you know like for example you could do the handrail in a darker stain and then maybe like one of these as an accent sure because there's a lot of white right now however we think a lot of that would change if it was all one consistent floor because here you've got one two three four types of floors you've got a different floor right here in the bathroom so you've got five different types of floors just from where I'm standing right now all one consistent for huge change and that's gonna give you some contrast that maybe you then don't have to go to staining it's painting is obviously easy to stay nice but he was saying wouldn't it make sense and it would if you could somehow make this normal and close it off because it seems like it's a waste of space oh right it's like you have a little storage closet luggage or something there yes but that wouldn't really in the long game actually make a renter's perspective yeah what you guys are doing yeah right no another thing that's going to make it difficult is it's an open snare concept here right so that way when you walk in that's right yeah that is like oh shoot I didn't think of that now I'm committed to this idea but oh I need to do the stairs now and then yeah and then well and the idea is that originally when they built it this way is that you could come in and still see some light through it it makes it feel a little bit more open that's what they're trying to do with the vault as well but hello how you doing retired probably I'm assuming I'm making assumptions I'm assuming the guy who walked by was retired when's coffee now so the next three properties that we have are all three bedroom two bath uh they vary in square footage from 1400 to about 2100 square feet they are anywhere between 420 000 to 460 000 uh dollars 27 days on the market 54 55.
we are this one I believe is backed up against a part of a uh a smaller portion of the golf course but otherwise pretty consistent here across the board to what we've seen already with uh both of the other homes that we see in right next to the door to the uh to the 80s so right now I think what we need to do is get some coffee coffee is there great coffee in the neighborhood all right coffee break look at how big those croissants are those are big it's the most excited I've been all day is that thick long croissant are you gonna get it oh I'm going to get it okay I'm going to put it all in okay I might even eat it while riding the pp oh wow well there's Spring Valley and the best resource for Spring Valley information it's right here introduce yourselves phone numbers Instagrams whatever you want to shout out y'all are amazing and you are an inspiration with what you've been through 10 years in a wheelchair here and then Iron Man this is incredible so I'm Daniel uh this is Deanna Villa you can find us at Fitness Realtors and uh Instagram handle and Fitness realtors.1 yeah thank you again that's awesome if somebody wanted to call you best way to do that best way is 626-632-2288 thank you thanks so much so I'd like to start by saying the variable cost for us flying here and back at about 40 minutes round trip in the air is probably about 900 to a thousand bucks that's the variable cost of us having gone and brought nine to 11 people around a few Pilots that's less than 100 bucks per person round trip on this puppy as a variable cost for what it costs for us to go here now there's a very specific reason that I've started with that and Lauren is going to tell you all about go ahead Lord um so I do I will say I think it was important to come here because I did not know that Central Desert California that there could be a place like this where it Incorporated a man-made lake and tried to build a community around that uh so that kind of was the draw as to why we originally came I will say that I don't see there being any potential in buying any deals here I don't see enough of a draw I wasn't enough impressed with that community so I'm glad kind of to rule it out in a sense I kind of stick generally with what I've always thought with this area in California I know there are certain reasons why people stay in this area it is definitely much more cheap like much more bang for your buck type thing but it comes at a consequence because the weather is very very drastic winter is colder Summer's very very very hot and I generally don't understand why people live here because you could literally save on taxes and so many other aspects by hopping the border to Nevada or Arizona so I kind of think this might be maybe deemed a better community in the Lesser good area of the Desert California Central area but still just not enough of a draw to invest our goal was outside of let's say like a Palm Springs to try to find okay what what potentially is the highest quality area within this portion of the desert and so what you find is you get people from Los Angeles come to here but after they live here for a bit they either don't move anymore because they don't have any money because they've run out of money or they have just enough money to survive so then they stay here but they're not spending more money on upgrading anymore or they end up going to what we heard Florida Texas Vegas and Arizona yeah because again now you're cutting your income taxes in half or more going to Arizona or to zero if you're going for state income taxes uh going to Arizona or to Nevada or Florida right so if you're gonna live in the desert just hop over to Vegas one of the other concerns is the ability to just continue expanding new neighborhoods the neighborhood we were in not very homogeneous would make it very easy if the desirability was there for a competing Builder to build a lake of property and then build tracks around that yeah but what we're noticing is not actually a lot of track tone homes for families this is not appealing to your average American household it's appealing more to the demo that is looking for a low cost of living and it's a place to settle down you've got some entertainment you've got a lake that right now is shut down for about seven months but that'll come back right and it's probably a wonderful place to RV and be recreational uh so I'm optimistic about that for people who want to move here and retire and they're coming from La hey hit up these Realtors that's great they are wonderful people fantastic people knowledgeable another aspect that they were saying that's a draw for the locals is that it's only about an hour away from ski slopes or snowboarding I will say though like in the Airbnb aspect of if you were to think of maybe that being a draw I think people would ultimately just go straight to the destination they wouldn't choose here and say oh I'm going to hang out at this man-made lake for a little bit and then I'll drive an hour to go skier snowboard too I think that they would just go to the snow location yeah in fact the neighborhood we were in uh the estimate was maybe there are three or four air airbnbs out of 3 000 Plus Homes so you I mean you're one tenth of one percent or less because I don't think it's economical I I think the idea is hey you move here and you you spend your rest of your years I think that too and yeah I think and I don't want to sound mean but I I would say that the people that really want to further their education I I could see them wanting to leave and go to a bigger University and if they got an education that paid well I don't think that they would necessarily come back here I think that they would choose if they wanted that same type of climate to go to Vegas or or you know somewhere that's cheaper one of the things that we've noticed about for example Ventura County California is that people will leave to go to larger colleges but they come back their family stays there and they want to raise their children there as well it has that draw and that's the thing too like we saw that doc home and it was about five hundred thousand dollars and same.com style say and it's equally dated you know everything basically the same size whatever in Ventura would be probably over twice the amount right two to three accidents yeah two to three x easy and I I know that I say this a lot but there's a reason why California Southern California coastline is so expensive is because the weather is gorgeous year round basically I know we've had our rain issue lately but generally speaking it's so gorgeous and you have to say that you know the first 500 600 000 for any property you're basically paying for the weather it's just so nice so that will always be a consistent draw and I think that that's something really important to look in every real estate market is what's the consistent draw yeah yeah and that's also important for rentability now remember what we're looking for with househack is we're not looking for that custom home that's very customized or specked out the ways a certain retired couple maybe wants it we're looking for the average household style home that we can get at a discount so ideally if we can get 2015 built tract homes that somebody didn't take care of or somebody hoarded in or there's some mold or some updating we need to do that's great because then we don't have to worry about the systems because they're also relatively brand new they're in great areas where people are building like crazy and it's easy to comp a lot of risk with comps here so again maybe a great place to come to retire does seem like though people pit stop here that's a concern I had is that I agree or Pit Stop they're moving from uh they're like well we don't want to leave California for whatever reason I don't know maybe they like Newsome like I can't imagine that but they live in SoCal Coastline and it's beautiful and they can afford it yeah yeah uh but but or they can't afford it then they move here yeah but then they realize wait why why here why am I doing that if I could just hop a little bit more and actually save more money and have more amenities yeah well even uh one of our friends on on this flight uh he came from NorCal and he's like I think I pit stopped here a few times uh on my way down yeah yeah it's yeah it's kind of like it's a charging stop yeah yeah we went to visit Spring Valley Lake which is right there we are now flying away from it okay we'll get the g-forces that this looks amazing go ahead and take a look at the lake that we were doing our low Passover and now we're done so we're flooring it out of here back home be home in 15 minutes let's go that was awesome
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