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Reply to "Second home as an investment property - worth the stretch?"
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[quote=Anonymous]We did it, and are very happy that we did - it worked out exactly as planned to get us a property we love in a place we love to go that we would otherwise not have been able to afford. OP, it might make sense but realized that (1) renting it out on AirBnB and VRBO does take time and work to manage with renters, cleaners, etc. (2) You will not make quite as much as you think you will on AirBnB/VRBO, so be a bit conservative in your financial planning (3) Wear and tear is real, and you will have unexpected costs to keep everything nice - just like in your own home. And I bet that after this post, (4) random anonymous people on DCUM will come and yell at me that it is not really a second home if I rent it out. [/quote]
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