Short term rental dream is over in La Quinta, CA

[Tim Bee]

For the past 10 years or more I have been netting 20-30K per month after all expenses on 2 short term rentals in La Quinta. It was an amazing gold mine! La Quinta (and the whole Coachella Valley) has become the worst, most restrictive, terrible place to own a STR in too many ways to list. Profits are down to about 4 K (total net) a month and no longer worth holding on to. Has anyone else in La Quinta, CA experienced this?

[Bruce Woodruff]

Like @John Underwood said.....$4k per month net is nothong worth sneezing at....if that's your true NET....why not keep them and see what happens? Many municipalities loosen up over time as they see the results of their idiotic regulations.... Just a thought...