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All Forum Posts by: Chris Carr

Chris Carr has started 4 posts and replied 58 times.

Post: Twentynine Palms Short Term Rental Cap

Chris CarrPosted
  • Rental Property Investor
  • Huntington Beach, CA
  • Posts 59
  • Votes 33

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. 

Post: Joshua tree / Twentynine Palms

Chris CarrPosted
  • Rental Property Investor
  • Huntington Beach, CA
  • Posts 59
  • Votes 33
Quote from @Natalee N.:

Hi all, this was a super helpful post. Thanks @Sean Bramble and @Michael Hyun for sharing the discussion link above.

My husband and I were hoping to purchase an STR in the 29 palms area, but after reading about the 500 permit cap, we are now second guessing. We had hoped to purchase an SFH with an ADU - in hopes to live in the ADU and rent out the main unit. Is there anyway to know the current number of permits that have been issued? Is buying in the 29 palms area even advisable with the permit cap?

Thanks so much for any advice in advance.


 It's tough to say, on one hand if you can get an accurate count of permits both active and pending by calling the city, and figure out if with your timeline you could get an application in before the threshold is met then you have an instant moat on compitition in the area as it continue to develop. On the other hand it's always a risk. In other markets that don't have a cap you risk the over saturation which can bring down ADR and occupancy. I personally think it will get repealed.

Post: Joshua tree / Twentynine Palms

Chris CarrPosted
  • Rental Property Investor
  • Huntington Beach, CA
  • Posts 59
  • Votes 33
Quote from @Sipan Y.:
Quote from @Chris Carr:
Quote from @Jason Kudo:
Quote from @Sipan Y.:
Quote from @Brandon Carlson:

29 palms may be the next area for you to explore. Newer retail & commercial development is underway. One thing to keep in mind, the city is implementing a limit on how many STR. 5% of total households can operate as an STR.


 Thanks for the info. 


The accurate cap is 12% of the total housing stock.


No more than 500 short-term home rentals will be allowed in city limits in a cap approved unanimously by the City Council Tuesday, May 10. The council will keep that cap on vacation rentals until after results of the 2030 census are released.


Are there any zoning plans? Does it apply to the entire city or to a certain area? Do you know if they already issued the 500 STR licenses yet? It is my understanding that tourism is the main source of income of the local people. Not clear what are they trying to achieve by putting a limit. Zoning would be a more reasonable approach to me.


 Yeah there has been pushed back by a couple local groups same on NIMBYism that goes into a lot of these short term rental market based on the article it looks like there’s about 386 total active and pending I don’t know if this is going to get appealed or not but there are some hotels going into the area I wouldn’t be surprised if they had something to do with putting on that limit. There has already been a ton of push back to up that limit. We’ll see where it goes. 

Post: Joshua tree / Twentynine Palms

Chris CarrPosted
  • Rental Property Investor
  • Huntington Beach, CA
  • Posts 59
  • Votes 33
Quote from @Chris Carr:
Quote from @Jason Kudo:
Quote from @Sipan Y.:
Quote from @Brandon Carlson:

29 palms may be the next area for you to explore. Newer retail & commercial development is underway. One thing to keep in mind, the city is implementing a limit on how many STR. 5% of total households can operate as an STR.


 Thanks for the info. 


The accurate cap is 12% of the total housing stock.


No more than 500 short-term home rentals will be allowed in city limits in a cap approved unanimously by the City Council Tuesday, May 10. The council will keep that cap on vacation rentals until after results of the 2030 census are released.


 Here is the article https://hidesertstar.com/news/...

Post: Joshua tree / Twentynine Palms

Chris CarrPosted
  • Rental Property Investor
  • Huntington Beach, CA
  • Posts 59
  • Votes 33
Quote from @Jason Kudo:
Quote from @Sipan Y.:
Quote from @Brandon Carlson:

29 palms may be the next area for you to explore. Newer retail & commercial development is underway. One thing to keep in mind, the city is implementing a limit on how many STR. 5% of total households can operate as an STR.


 Thanks for the info. 


The accurate cap is 12% of the total housing stock.


No more than 500 short-term home rentals will be allowed in city limits in a cap approved unanimously by the City Council Tuesday, May 10. The council will keep that cap on vacation rentals until after results of the 2030 census are released.

Post: STR Regulations Joshua Tree

Chris CarrPosted
  • Rental Property Investor
  • Huntington Beach, CA
  • Posts 59
  • Votes 33
Quote from @Peter Mckernan:
Quote from @Isan Monfort:

Hi, As many others, I'd love my next investment property to be in Joshua Tree but when looking into regulations it seems close to impossible. However, I keep seeing STR you tubers etc buying new ones there. Any thoughts on how?


You should be able to get a STR permit in JT and surrounding areas. The areas (29 Palms and Yucca Valley) have tight regulations; however, in all areas including Landers you can get a STR Permit after waiting the timeframe (each area is different on the timeframe).


 29 is 12% of the housing stock, so building/development will continue to adjust that threshold. Right now it’s at about 50%. 

Post: Thoughts on Vacation Markets w/ rising rates/economic slowdown?

Chris CarrPosted
  • Rental Property Investor
  • Huntington Beach, CA
  • Posts 59
  • Votes 33
Quote from @Richard E.:
Quote from @Michael Hyun:

I like Kitchen in the Desert but I've never been to La Copine or Grnd Sqrl. I gotta try it next time I'm down there. 

I agree- there definitely is more than just Joshua Tree in the High Desert - but I guess I was talking about JUST the actual town of JT - not the overall High Desert. Most people from SoCal know Joshua Tree and have never heard of Yucca Valley or Twentynine Palms or Landers until they've visited at least once. Technically the whole area isn't considered "Joshua Tree" - but when I talk to anyone about JT, they have heard about it or know from Instagram what Joshua Tree is. Typically I find that people from SoCal mostly generalize the entire area around JT as "Joshua Tree" even though the High Desert is comprised of many other cities with their own regulations on STRs, including Yucca Valley, Pioneertown, etc. But to be more specific, I was talking about Joshua Tree itself - the main part of JT being the intersection of Park Blvd and the main hwy running through it. But Jason is right - when I lived in Joshua Tree for a month or so - I hung out in Yucca Valley 90% of the time and only 10% of the time in JT (for food and thrift stores - and the swap meet). I never really hung out in Morongo - it was like 30 minutes away. I went to Twentynine palms, but only once - about a 15 minute drive. There were lots of abandoned buildings and very run-down homes there - still it's a much bigger city than JT itself.

Right now is peak season, so I'd assume its busy, but May calendars are already looking empty from what I'm observing. And June and July are not too busy from what I remember.

Interestingly, properties in Yucca Valley are not selling for nearly as much as JT - even for a similar size and style home. JT is only 10 minutes away from JT, and when I stayed in Joshua Tree for a month, I went to Yucca Valley every day for dinner (because it was the closest city with more than a few restaurants). And yet, this is the city that is CHEAPER than JT. So I was wondering why this could be the case - how could JT be more expensive? My honest opinion is because Joshua Tree has the name. People recognize "Joshua Tree" and when there are STR blog posts about "Joshua Tree" being the best market to invest in - you have a bunch of rookie investors ONLY looking at the Joshua Tree town (not the entire area including Yucca valley and surrounding areas). And on top of that, it's closest to the national park entrance. I wonder what you think about this based on your experience @Jason Kudo

A turnkey 2b1ba airbnb in JT is selling anywhere from 400k - 500k these days. The same home in Yucca Valley could sell for 300k - 400k. Of course there are always outliers depending on the quality of the home.


Yucca has an STR moratorium, so that sucks.

29 is legit though, I havea literally been to openings there that resemble LA, and a buddy of mine who is a DJ from LA DJ's at the bakery out there (he owns an STR).

29 is up and coming. (I own an STR there and it just did "OK" the first year but now is doing well - of course just in time for me and the ex to break up and she is buying my half of it out lol but thats another story)

Always remember also: 29 has a JT park entrance that is way less crowded than the actual JT entrance, and alot of "hardcore" outdoors people (im not one) have their reasons for thinking the 29 entrance is better.

My only thing about the desert is how much its got in terms of lasting power as a destination, because honestly the desert to me is kind of a ****** place compared to piney mountains and salty beaches, etc. 29 also gets hotter than the rest of the high desert i think which sucks.

But the advantage of the desert is that it is not only a vacation market, its a whole thing where alot of people are moving out there for keeps, and that helps drive the market in ways that you might not see in normal vacay markets. Also alot of people in JT youll see don't even speak english, so like, this says that JT is now worldwide as a destination, which is pretty cool.

Morongo Valley sucks, i feel like the winds there are never under 50mph, i feel like it will never be cool for this reason alone.

I like 29 long term. I would not mess with the other desert markets as they are all too high imho.

29 does have some new STR limitations though but they are relatively chill i think, i haven't looked at it myself yet but i will before i buy

Totally agree Richard we bought our str and another lot in 29 after consulting with a lot of hi-desert veteran STR investors , high producing agents and local biz owners in both YV and JTree many said 29 is the spot and we are glad we did, I’ve been paying close attention to Project Phoenix TBID and since we closed in July Grnd Sqrl new Wander Hotel approval New Snakes and Stars obviously project Phoenix I heard Giant Rock Meeting room is getting a spot , OutThereBar , and looking at the Downtown Specific Plan it looks amazing. Very long 29. And all of our guests have loved the location and using that entrance. I think in the next few years the park will only be a small part of what drives the tourists. But that holds true to the whole hi-desert. We are about to start construction on another project in Pioneer Town and that client is focusing investing in Pioneer and 29. I don’t think you can go wrong with either. 

Post: Thoughts on Vacation Markets w/ rising rates/economic slowdown?

Chris CarrPosted
  • Rental Property Investor
  • Huntington Beach, CA
  • Posts 59
  • Votes 33
Quote from @Jake Aguirre:

Generally agree, except Grnd Sqrl in Twentynine Palms is the best restaurant. 


 Kitchen in the Desert 

Post: Hi-Desert Short Term Rental Ordinance

Chris CarrPosted
  • Rental Property Investor
  • Huntington Beach, CA
  • Posts 59
  • Votes 33

Great thanks for the info! @Sarah Enero

Post: Hi-Desert Short Term Rental Ordinance

Chris CarrPosted
  • Rental Property Investor
  • Huntington Beach, CA
  • Posts 59
  • Votes 33

Hi Sarah I don't have an update yet, if I find anything i'll ping you!