Investor · Cathedral City, CA · Member since 2017 · 76 posts · 25 votes
If you are investing in the Palm Springs, California area you know that we have very few towns that are hospitable towards STRs. Desert Hot Springs, Indio, and La Quinta are some of the select few. La Quinta's short term rental future just got a little brighter as the city is reporting significantly less complaints over the last year (full story link below). Hopefully that is becoming a steady trend!
Contractor/Investor/Consultant · San Diego / Phoenix · Member since 2021 · 12k+ posts · 15k+ votes
3y
I hope that trend continues! My belief is that as the STR industry grows - and matures - they will become more amenable to cities and people will realize their value.
Contractor/Investor/Consultant · San Diego / Phoenix · Member since 2021 · 12k+ posts · 15k+ votes
3y
I hope that trend continues! My belief is that as the STR industry grows - and matures - they will become more amenable to cities and people will realize their value.
I hope that trend continues! My belief is that as the STR industry grows - and matures - they will become more amenable to cities and people will realize their value.
Investor · CA · Member since 2023 · 196 posts · 107 votes
1y
La Quinta is terrible now for short term rentals. I just sold my last one out there. It was a gold mine for about 10 years. I had 2 rentals and was netting 20K a month after all expenses. It eventually became maybe 2-3K profit for both total and no longer worth it.
New to Real Estate · Miami · Member since 2025 · 46 posts · 23 votes
1y
I saw "La Quinta" and rentals and thought it was related to the hotel chain, until I realized you were talking about a city! (And that article is behind a paywall for me!)