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Updated over 3 years ago, 09/03/2021
STR investment in 29 Palms
My girlfriend and I both own rental property, mine in Oakland and hers in Portland so were not total rookies here but we are new to the STR landscape. Our initial goal was to invest in Joshua Tree proper but we quickly learned the competition is pretty ruthless there (especially post pandemic), and we're just not willing to take the risks JT is demanding at this time.
We scoped out Yucca, Landers, and 29 Palms as other considerations. We're leaning away from Yucca and Landers due to popular demand, and are thinking of honing in on 29 Palms albeit the area furthest from the trend.. in distance and vision. With the north entrance to the national park along and the solitude visitors come to the desert for, we think 29 Palms has real potential.
Hoping this forum will provide us with both perspectives in support of a profitable venture in 29 Palms or any cautionary tales and/or general words of wisdom for those who have experience in the area.