Nathan
New Contributor
Anybody seem from a statistical basis, which might be a better option to pursue? I'd like to have both but for now, I was curious what would be a good starter. From the market right now, I could pick up either for around 100-125k.
Based from everyone I've spoken to thus far, it seems finding good tenants is a job itself for a regular unit. Now for a vacation home rental it'd more than likely be a seasonal thing. It would be in the mountains of GA (foothills to you in the West, or anyone with real mountains). It would have a view, a nice quiet atmosphere to relax, etc. The cabin rental biz seems to do fairly well.
Regular unit - probably won't be rented 12 months out of the year.
Vacation unit - higher rental rates when in season; also could be rented like normal house in off-season
Any thoughts?
Nathan
Based from everyone I've spoken to thus far, it seems finding good tenants is a job itself for a regular unit. Now for a vacation home rental it'd more than likely be a seasonal thing. It would be in the mountains of GA (foothills to you in the West, or anyone with real mountains). It would have a view, a nice quiet atmosphere to relax, etc. The cabin rental biz seems to do fairly well.
Regular unit - probably won't be rented 12 months out of the year.
Vacation unit - higher rental rates when in season; also could be rented like normal house in off-season
Any thoughts?
Nathan
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