Your vacation rental may be the biggest investment of your life. You need to run it like a business to see a return on your investment these days. There is more competition out there -- the number of vacation rentals is increasing steadily. How do you make your vacation rental stand out in a saturated market? Here are some tips to help you…
Go Cheap! A State-by-State Guide to Rentals Less Than a $100
Condos on the beach in Gulf Shores under our $100 threshold were easy to find, including this popular VRBO listing in Alabama with 1,150 square feet for only $695 a week in late summer. Plus: there’s a pool in the complex, if you want an alternative to the beach.
Owning a vacation home is a great accomplishment for many – whether they plan to use the properties as retirement homes, frequent personal getaways or vacation rental properties. A second mortgage for a vacation home is, of course, a debt each borrower should take on with caution to avoid excess financial risk. Vacation home buyers who invest in properties as rentals to earn passive income should factor in the high costs of running a vacation rental property.