Updated over 3 years ago on . Most recent reply
Desert Hot Springs Cannabis Expolsion!
Hello everyone,
I was wondering what’s your thoughts about all the building going on in Dhs( cannibas cultivation facilities) ? Will this boost the rental makers for the area?There was a the city was highlighted on CNBC The Profit. The numbers are amazing in regards to tax dollars. It was stated that at this point it cost $15mil to run the city and is expected to receive $50mil just from cannibas.
I want to look into buying a multi family with hopes to AirBNB a unit or two.
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We have 4 SFR rentals in DHS and we are absolutely thrilled with the new Cannabis businesses. A positive influx of tax dollars for DHS is very needed things. We have been investing in DHS for about 6 years and we see the views and the great open spaces and we wonder why it's not the next Palm Springs. Some areas of DHS have even better views than the Palm Springs area. Plus, Joshua Tree National Park is just over the hill and it's spectacular. Property values in Desert Hot Springs have been going up steadily and we are looking forward to even better things.