I have one summer vacation spot for week rentals..but looking into living spaces.any tips tricks or advice is welcome
Answer:
Vacation rentals are tough only because of the rapid turnover in renters during the season.
You get tax breaks (depreciation, expenses, etc). so that on paper you can show a loss, but you might clear a little money each month.
You'll make your profit when you sell; provided you purchased at a proper price and not when prices were their highest.
not hard but a lot of hassles
Lots of hassles. Most of the money you make will be when you sell off.
The answers post by the user, for information only, BAnswer.com does not guarantee the right.
Other Questions and Answers:What type of questions should a first time home buyer ask their broker or bank in getting the loan?
I have 10,000 in earnest money on a real estate contract Buyer has not sold his home. Do I keep $$ if he bails
i want to give my office space on rent . it is commercial tower at vikroli west ,rai way station in mumbai.?
Whats a good website for real estate?
Is there always a balloon payment on a interst only loan?
Can you get a mortgage with no job?
Any opinions on North Point Apartment Homes in Long Beach, CA?
Has anybody ever gotten thier deposit back after moving out of a rental house?