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Have a vacation rental or need one? This might be what you were looking for this year. I have checked out the site and they have some very cute rentals. I have not personally used them. I also like to follow this financing rental property guide which gives loads of tips and tricks on how to make the most of your money.
With all of the responsibilities of the holidays I often find myself needing a vacation from my holiday vacation. Which is why I love the idea of having a winter vacation property to retreat to after the New Year. Now, if you’re like me, having a house you visit only once a year may seem like an unattainable luxury but purchasing a rental property in a winter vacation destination could actually be a wise investment. Considering there are a lot of attractions to visit in places like Cottonwood Arizona (if you’re thinking of moving here), buying a rental home anywhere could be very beneficial. Even if you don’t visit it all the time, you’ve got the attractions to visit when you do come over, for example, there are grand canyon tours that you can take during the summer with your family.
The key to finding an amazing rental property isn’t just knowing the best locations, it’s knowing what locations are up and coming, and knowing that they are being handled correctly so there are no issues when renting. For example, if you are going to spend time in Florida on the beach, you want to know that a ponte vedra property management company is making sure you come up against zero problems during your time there. I discovered a new report from the vacation rental pros at Vacasa that has confirmed something that I’ve believed about the {insert your location} winter rental market for a long time.
It’s primed to explode.
Vacasa applied their prodigious data analysis skills to the copious amounts of data they have on vacation rental markets around the country and pinpointed the Top 10 best places to buy a winter vacation home right now.
Winter month occupancy in winter vacation destinations are up almost 25% year over year since 2016. That means that winter vacation destinations are a real trend. But there’s more to finding a truly lucrative vacation property than proximity to skiing and snowboarding.
Vacasa’s Winter Vacation Report identifies the markets with the highest average occupancy increases in the winter months and chose the ones with the best one-year return on investment.
Here’s a little more detail on why {your market} made the list:
EXAMPLE: Ludlow VT‘s Stats:
- Median Annual Rental Revenue: $32,020
- Median Home Price: $273,600
- One-Year Return Rate: 6.1%
As you can see, Arizona’s low median home price and relatively high amount of annual rental revenue offers a very competitive one-year return rate.
You can check out the report here. And if you’re in the market for a winter vacation home I’d love to start a conversation about how to get into Arizona.
Thankfulness to my father who informed me about this webpage, this
webpage is truly amazing.