Luxury rental/event site SOLD in Indio, CA.
Coachella Valley Short Term Vacation Rental Info. I show alot of property. Most buyers now, whether it’s a residential buyer, Estate buyer, Equestrian property buyer, or investment buyers, want to know if they can use the property as a short term vacation rental. That is not a Yes or no answer! Many issues come into play regarding short term vacation properties. Each City, and the County of Riverside has it’s own rules. For example, the City of Indio short term vacation rental rules differ greatly from La Quintas’! If you are looking to buy or sell a short term vacation rental property or event site, give local realtor Kim Kelly at 760-285-3578.
A Coachella Valley investment property can be a lucrative asset to any real estate portfolio. If you’re thinking about the ROI (Return on Investment) of a particular property, be sure to do your homework before writing that offer! The Coachella Valley can be lucrative for owners renting out their properties. There are several different ways to rent your property. Short Term, which is a contract less than 30 days, and seasonal rentals, which are over 30 days. Then of course there are event sites, corporate sites, wedding sites.
Be sure to check with the City websites, and even give them a call to verify the rules and regulations specific to that community or City with regards to the property you are considering. If you are buying in an HOA controlled community, you must check directly with that HOA as they can dictate their rules pertaining to short term rentals within their boundaries. Believe them and honor their rules! Take a tour of this gorgeous home at the gated Rancho Mirage community, Victoria Falls. No rentals of less than 29 days!
