Rent Vacation Homes

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Replied by jordane on topic Rent Vacation Homes

My aunt bought a home in Jeykll Island, Georgia. She has owned it for 4 years. The rent pays the mortgage each month. She has to rent it at least 2 weeks each month to cover the mortgage. I wish I could afford to do the same.
8 years 5 months ago #16
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Rent Vacation Homes was created by dank213

Anyone here currently or ever have interest in buying a home in a tourist "hot spot" and renting it during the season?

My wife and I have looked into this where we live and it seems like some of the houses here rent for around $1,500/week during prime season. Of course, being in Michigan, the season is shorter unless you are by a ski resort or something of that nature.
8 years 10 months ago #17