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Reply to "Vacation homes - are you glad you bought one?"
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[quote=Anonymous][quote=Anonymous]A vacation rental should generally not be thought of as an investment. If you are buying a second home as an investment, and one of the perks is that you can occasionally stay there for vacation, then that's great. But you will make very different decisions depending on which perspective you have. None of my clients who buy vacation homes make money with them. They rent them seasonally to minimize the losses on the vacation property. [/quote] The op didn't ask about vacation rentals, and most of the people replying aren't talking about renting. I posted and we don't rent our vacation house. We use it. [/quote]
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