All Forum Posts by: Chris Carr

Quote from @Aaron T.:

how do you handle entry procedure for your STR in a gated community? I am under contract to buy a unit behind a vehicle gate in a gated community. do you meet your guest there? have you found a technology solution?

Most of the gated communities that have to manage STR operations use a system like www.proptia.com that the HOA board or developer put in place.

Quote from @Kalina C.:

@Chris Carr hi Chris! Putting in offers in 29 and would love to connect about permit time, etc. thanks!

Hi Kalina sorry haven’t been as active here recently … sure I’m happy to help in any way I can shoot me a dm. 

Quote from @Cody White:

Quote from @Chris Carr:

Quote from @Christine Kankowski:

Hi Kimberly,  I use Daniel E Greene CPA.  They are right here in Temecula.  He's great with rental properties, separate businesses, etc.    I highly recommend him.  TEll him I said Hello  :) 

 Thank you for the recommendation @Christine , I reached out to Daniel's office and setup an appointment. My wife and I are in Temecula, and we have some rental properties and an 8mo old dependent now :) We're looking forward to meeting with them.

 Hey Chris, may I ask how your experience was with Daniel's office? I'm in Temecula and currently interviewing CPA's.
I was considering adding him to the list, but a bad review on google made me sceptical. 

(Also congrats on your now, 1 year old!!) 

Hey Cody! Thank you ! I’ve been decorating for the past 5 hours for his party tomorrow haha! So we haven’t had the opportunity to work with him yet , we had an initial intake meeting and we’re still deciding on using them , our hesitation is we relocated to Scottsdale AZ and considering someone local… with that said the intake meeting was fine… all standard stuff, no ah has yet… we’re really looking for someone that helps with strategy rather than just “doing” our taxes and books. If we end up going with them I’ll ping you. We plan on making that decision next week. 

Quote from @Garrett Hay:

@Chris Carr I have noticed very sound information coming from you.  I am from Huntington Beach and looking to invest in 29 Palms.  My wife and I both believe it is a hidden gem that will continue to grow.  Phoenix Project, community pool, JTree Headquarters, Military Base.  

Do you have any updated knowledge on the subject?

A good agent that you trust out there?

Which do you think is best.....?  A little flipped desert bungalow or an "actual house" out there? 

STR or LTR are definitely in the cards but we are just trying to get our feet wet here and invest! Have to start somewhere!

Hey thanks for reaching out shoot me a DM and I’m happy to share any information with you. In regards to STR’s you’re going to be up against the 500 cap I think the cap has been hit so they’re not issuing any more permits but I posted somewhere else that I was at a city Council meeting back in September and the mayor specifically said she wants to bring the entire VHR policy back to the Council for review. It is my opinion that they realize that doing a hard Cap as opposed to a percentage of the housing stock hurts them on revenue from permits and  TOT revenue granted they are also approving hotels but the big thing is the permit revenue because the percentage instead of the hard cap creates incentive for people to buy lots and build so that they can keep moving the goalposts that’s all good for the city . whether that percentage is 8% 9% 12% we don’t know we’ll have to see what they say when they bring it back to council

Congrats on the property! We operate one in 29 as well! 

Quote from @Christine Kankowski:

Hi Kimberly,  I use Daniel E Greene CPA.  They are right here in Temecula.  He's great with rental properties, separate businesses, etc.    I highly recommend him.  TEll him I said Hello  :) 

 Thank you for the recommendation @Christine , I reached out to Daniel's office and setup an appointment. My wife and I are in Temecula, and we have some rental properties and an 8mo old dependent now :) We're looking forward to meeting with them.

Quote from @Chris Carr:

@Jason KudoThey'll still get ToT from the hotels. Those two approvals right there are another 160 rooms.  Just today I spoke to the owner of the storage facility on HWY 62 they own the old grocery store right next to it. They are turning it into a retail shop with 6 different businesses, and the owners of Grnd Sqrl are opening up another bar on the strip. I don't think there is any party to be late to honestly. The whole hi-desert has a long way to go outside of just the national park. There are still not a lot of places to get brunch, dinner, and drinks. Joshua Tree Saloon is still the main attraction down there with some new ones like Awe Bar in YV but entertainment is still lacking for the number of annual travelers. Doing a simple google search of "bars and restaurants" doesn't bring up many options. The hi-desert will look a lot different 5-10 years from now. It may be getting saturated in some markets for STRs (we'll see what SB Country does) but for business and entertainment, I expect lots more to come and everyone will benefit. 

At the last city council the mayor made a motion to bring the entire STR policy back to the council. I strongly believe they are going to amend the 500 cap and change it to a percentage to spur growth and development. Meeting minutes attached

Quote from @Chris Carr:

Hi Anthony, that's a bummer I have heard from very legitimate sources that that 500 is not going to stand. I think it was a knee jerk reaction but there has been major pushback and what I heard is they are going to revise it to a percentage of housing stock to spur growth. 

At the last city council the mayor made a motion to bring the STR policy back to the council. I strongly believe they are going to amend the 500 cap and change it to a percentage to spur growth and development. 

@Jason KudoThey'll still get ToT from the hotels. Those two approvals right there are another 160 rooms.  Just today I spoke to the owner of the storage facility on HWY 62 they own the old grocery store right next to it. They are turning it into a retail shop with 6 different businesses, and the owners of Grnd Sqrl are opening up another bar on the strip. I don't think there is any party to be late to honestly. The whole hi-desert has a long way to go outside of just the national park. There are still not a lot of places to get brunch, dinner, and drinks. Joshua Tree Saloon is still the main attraction down there with some new ones like Awe Bar in YV but entertainment is still lacking for the number of annual travelers. Doing a simple google search of "bars and restaurants" doesn't bring up many options. The hi-desert will look a lot different 5-10 years from now. It may be getting saturated in some markets for STRs (we'll see what SB Country does) but for business and entertainment, I expect lots more to come and everyone will benefit. 

Quote from @Jon Martin:

Gotcha, thanks for the clarification and for the heads up on the cap - a real estate agent told me yesterday that they've already hit the cap for inside 29 Palms city limits, but if the property isn't inside the actual 29 Palms city limits then it should still be fine.

Apparently some properties say 29 Palms as the city on Zillow but are actually outside the city limits and so fall under SB county regulations (no STR cap for the moment)

In addition to the comment from @Jason Kudo I don't think 29 Palms has the most advantageous location because you have to drive past JT from the LA area to get to it. Maybe that's not a big deal, but I think there are locations that are more strategic and have better access to amenities and other cool areas in the high desert. 

I've heard from some sources that 500 limit is going to be looked at again and may not stick. Someone who spoke to the gentlemen who put out that brilliant idea of a 500 cap. I've heard they are going to look at a percentage again. We own a STR there and currently working on another project in Pioneer Town. Many locals and RE agents I talk to are bullish on 29.

Ben Uyada's project a shipping container hotel was approved and going in south of HWY 62 https://hidesertstar.com/news/...

https://upzone-socal.com/93-room-shipping-container-hotel-proposed-in-the-city-of-twentynine-palms/

As well as a 95 unit hotel right downtown https://z1077fm.com/twentynine...Hotel developers don't build in areas that arent trending up. 
New Stars and Snakes bar going in, new restaurants, the owners of Giant Rock Meeting Room are opening up a spot in 29
Lots going on in conjunction with the downtown specific plan https://www.ci.twentynine-palm...