Thread: Money Investing megathread extravaganza
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Old 12-06-2020, 05:19 PM   #6344
Hog's Gone Fishin Hog's Gone Fishin is offline
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Join Date: Nov 2001
Casino cash: $1380477
Quote:
Originally Posted by Peter Gibbons View Post
Does anyone have any experience with vacation rentals as an investment?
I am thinking about vacation rentals vs locals as I don’t want to deal with the horror stories I’ve heard about with long term rentals. Also, I’d prefer to pay management company do to the bookings, cleaning and maintenance. I realize this approach will lower returns but may be worth the money for my situation.
I’d be looking to cash buy properties vs financing.
Any advice on where to start, what to do (or not to do)? Would love any sage wisdom you may have on the topic.
I've got a bunch of single family homes and when the tenants leave it usually looks like they took a vacation there and threw a huge party!
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