Before you pick out rugs or start an Instagram account, it’s a good idea to slow down and take a look at the fundamentals. Choosing a property for use as a vacation rental is an exciting process! Some of the most important considerations are often overlooked—but can make or break your investment down the road. If you already have a space, is it legal to operate there? If you are going to buy a property, how should you choose a location, and what income and expenses (resulting in net profit for you) should you reasonably expect? Can you cover your liabilities through insurance? What professionals might you need to help find and/or prepare your space?
Research
Learning the Market – Coming Soon
Income, Expenses, and Profit – Coming Soon
Acquiring your property
Alternative acquisition strategies – Coming Soon
Identify and Evaluate Specific Properties – Coming Soon
Take the stress out of vacation rental management! Click here to start your journey with Go Explore.