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Updated almost 2 years ago on . Most recent reply

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Is Joshua Tree a good market for STR anymore?

Annalisa Minetto
Posted

I found a really awesome property in Joshua Tree that comes furnished and is about 20 minutes from the Park's entrance. I'm just wondering If it is still lucrative to buy there? Or did I miss the boat?! AirDna gives it a 60% occupancy rating. 

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Zach Edelman
  • Lender
  • Austin, TX
1,270
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Zach Edelman
  • Lender
  • Austin, TX
Replied

Going to repeat a point that was heavily emphasized at the STR Wealth Conference via Avery Carl, which is that saturation is not necessarily a bad thing. It means there's demand. There's only so many true vacation markets. If you have a rockstar listing and experience, you should be able to capitalize on said demand, and beat out the competition. View saturation more as opportunity rather than something to avoid entirely.

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