Newbie looking in Palm Springs/desert cities🌴

[Marysol F.]

I am starting out and looking for my first RE investment property in the Palm Springs area. I am open to all dessert cities, but appears as if condos are the only properties available in my price point. Well, manufacturerd homes as well but I'm not comfortable starting there. Part of the reason I started looking in Palm Springs is bc my credit union is offering decent terms but the property has to be in California. I had previously searched in Las Vegas and Phoenix but am now considering something closer to home (Los Angeles resident) bc it seems "easier" for my first run , the properties seem to be similarly priced across these three markets for what I am searching (sub-200k) and the conventional loan rate I was quoted is under 7%.

Any advice on condos, HOAs, or this area in general? Also would like some realtor and property manager referrals, my current realtor (that inwas referred to) seems to be less enthusiastic to help a newbie. Thank you!

[Zach L.]

Have you tried using the BiggerPockets agent finder? I used it once when a client needed to sell land in Florida (I'm also in LA so I had no clue who to reach out to) and it worked out great! I know it's not as good as a direct referral from an investor, but if they're on BiggerPockets then they're likely to be more investor friendly than average.