3 HR CE | Condo, Second Home, Vacation, Investment Financing
October 19 @ 10:00 am - 1:00 pm
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Some buyers also view their second home or vacation house as an investment opportunity for rental income. Since these types of housing units are typically used for short spurts of time, short-term rental services like Airbnb and VRBO provide opportunities to generate income when the house isn’t in use by the owner.
What works and what doesn’t have changed since the pandemic began, and making a smart purchase requires attention to a different playbook than in years past.
Because the pandemic has upended inventory, prices, layouts and more, help clients fine-tune their plans based on what’s available so that they can also fine-tune their wish list. Sometimes a second home or vacation house may even transition to a primary residence.
Buying a second home and/or vacation investment property requires careful research and planning. But as long as you make real estate investment decisions with your eyes wide open, the financial rewards could surprise and delight you.