A vacation home is a good real estate investment. But buying at the right price and time, can make all the difference between profit and loss.
Be sure that you avoid buying vacation spots that are desolate off-peak. Remote locations that chew up travel time on vacations are also best avoided. Find locations that offer long seasons for golfing, boating, and skiing.
Buying furnished vacation home saves you time on browsing through furniture catalog or buying furniture and hassle. If you’re going to rent your home, make sure the rental manager approves of the furniture you’re buying with the property. Out-dated and well-worn furniture won’t cut it today with savvy vacation renters.