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Updated almost 3 years ago, 02/22/2022
Wanting to Buy a Palm Springs Area Vacation Rental
Hi There
I'm from Los Angeles, CA and have 7 years of experience operating vacation rentals across the country via master leasing them. I have never operated one in the Palm Springs area but Im interested in buying a non HOA vacation rental in the Palm Springs/Desert area. If you had to buy a non HOA, non condo, vacation rental with the highest ROI, Cap Rate, & COC return in the area, where and what would you buy? I have up to 250K of my own money as a down payment. My company will be the property manager of the home.
Thank you to all of the Palm Spring area experts in advance!
Dave