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Rents on vacation homes typically are cheap enough to be more attractive to travelers than traditional travel accommodations, but high enough to bring in more than enough cash to pay the mortgage and upkeep costs.

Because vacation home rents for travelers are higher than long-term rents paid by conventional tenants, you’ll need rent your property only about 20 weeks each year, creating less wear and tear on the property than with full-time tenants. That leaves the property open more often for vacation property trades with other vacation property owners in far-off places.

When it’s time to sell a successful vacation rental property it can sell for a premium because you aren’t just selling a property, you are also selling an established business.

“None of this works if you are renting through a property management company,” says Christine Karpinski, a self-taught Atlanta, GA vacation property

This entry was posted on Tuesday, May 23rd, 2006 at 1:35 pm and is filed under Motels. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.