Short-Term & Vacation Rental Discussions
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago,
Rental Property in Palm Springs, CA
Hello, new member here. I live in Los Angeles and always wanted a rental property in Palm Springs. I can tell thru the years the restrictions in Coachella valley got stricter and stricter but now I finally accumulated enough cash to buy a property. From what I am seeing only Palm Springs lets you get a STR permit without weird zoning requirements. What caught my eye in their FAQ is that they only let 36 contracts per calendar year. Meaning your property can only be rented 36 times in a year (no limitation on how long per guest). I wanted to get some advice from people who have experience in these areas whether or not this would be worth it. Are there any loopholes around this restriction?