I am looking to invest in a STR in Desert Hot Springs, CA and I noticed there were 100 new STR listings in DHS from March '22 to April '22 according to AirDNA.

if you're looking for high-cashflow areas, for LTRs, the midwest seems to be the place to be. but if you're doing MTR or STR strategies, the shenandoah area might be the next hot spot for mountainous STR markets. wholesaling is a ton of work up front & i feel like a smaller % of people succeed in it, vs the larger % of people who succeed with actually buying rental properties. 

And despite the higher rates this past year which deter many buyers, we *still* find ourselves in multiple offer situations, indicating we are still hot while many markets have long cooled.To illustrate, my team recently sold a home for $50k above the asking price after a successful open house with over 50 attendees, just a few days on market.

Hey Nicholas, PCB is a really hot market right now for short term.

The kid will touch the baseboard when its hot , and wont do it again . 

Desert Hot Springs has new rules and regulations as well.

Hi NoahI’m ericIf you still have friends and family in po We have rentals and do flips in po , wapp ect I also host a networking in real estate meet up for last 4 maybe 5 years We’re not nyc but market is still hot up here 

However, one great strategy I have seen is getting a mid term rental for the slow season, and then going back to STR during the hot season.

@lucas @Lucas Carl can you PM which markets are hot and how much will daily rate will be if i shoot you some pics. 

@Gianni Laverde, multi family properties are red hot in KC as they are in many markets across the US.