How Much Money Can You Make Buying A Vacation Home?
Posted by Florida Realty Marketplace on
How Much Money Can You Make Buying A Vacation Home?
With interest rates at record lows, many home buyers are considering the benefits of purchasing a vacation home to generate income from short term renters. These types of short term, usually weekly, rentals have gained in popularity in recent years and have begun to challenge the hotel market as a consumer favorite for vacation lodging. But despite the uptick in popularity, many potential buyers of new homes for sale in Winter Garden FL are still unsure of how much money can be made from this market.
It Depends On How You Use It
One of the biggest determining factors in how much a vacation rental home will make is how exactly you plan to use it. If the plan is to rent it out year round as a…
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