What Makes A Good Vacation Property Investment

Dated: 04/30/2019

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Investing in a vacation home for short-term rentals has many benefits, but what makes a property worth purchasing? Consider these three factors to make sure you’re investing wisely:

Location, location, location

In order to make the most out of your vacation home investment, determine if the location of your property attracts tourists, business professionals or spikes in visitors according to season or local events. More popular locations can allow you to demand higher rent per stay.

A price to suit your pocket

Your return on investment greatly depends on the price you pay for your vacation property. Make sure the market you are interested in is within your budget and the cost of the home you want to buy is reasonable compared to similar properties in the area.

Do your due diligence

Before purchasing a vacation home, you need to do your research. Confirm your potential vacation property’s local laws and regulations support short-term rentals so that you can legally make the most of your investment.

Interested in learning more join us for our Mile High Short Term Rental Host Meetup or reach out to us for a consultation. 

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Lauren Valinoti

As your real estate agent, Lauren will be an advocate for you. Whether you are buying, selling or investing in real estate, she will work tirelessly to promote your best interests. If you are sell....

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