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Updated almost 4 years ago,
Big Bear, Palm Springs or Joshua Tree in 2021
Hi,
I am thinking of a vacation rental in these areas. I
1) Big Bear-The houses have gone up. But on the flip side, how is occupancy? Crime? from your experience, if the property I saw is 3bd with game room selling for 600K would the numbers work profitable for an airbnb business? I know many have invested far less and doing quite well!
2) Palm Springs- According to Airdna properties and ADR is higher than in Big Bear? Thought?
3) Joshua Tree- from AIRDNA out of the 3 it looks like this has the lowest ADR and occupancy. What do you think?
In 2021 where should I buy besides these that still have an upside in appreciation?
Thank you for your time.