MOVE Utah Real Estate News

10 Investment Tips for Buying a Vacation Home

July 10th, 2014 6:05 PM by Tricia Ashby

Luxury Vacation Home RentalsYou've discovered this great resort community. You've had a great time there. And you'd love to go back any time you want and serve as the arbiter of great vacations for others. And hey, if you make some money along the way, there's nothing wrong with that.

Congratulations. You've taken your first step toward buying a vacation rental.  But investment experts warn that you should never look at the idea primarily as an investment. If you need investment income, then put together a solid portfolio of blue chip stocks. A vacation house will never provide the returns of a diversified portfolio.

However, if you love a particular beach house and cherish the time you spend there, then you're on the right track. Yes, you can share this experience with others. But to make the purchase work, you have to be the house's No. 1 renter.

For 10 ways to make the most of your vacation home investment, Click Here.

Posted in:General
Posted by Tricia Ashby on July 10th, 2014 6:05 PM



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