Reply to Where is your vacation house? Where would you get one?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Bar harbor - summer
OBX - winter[/quote]

Translation:  we rent our OBX house out in the summer, so it’s an investment property [/quote]

All real estate is an "investment".

PP has two vacation homes. 
[/quote]

And who cares? What an odd mind set.

My aunt and uncle bought a place on Nantucket back in the 70s and would spend summers there, renting it out during the year. The house paid for itself with the rental. How is that not a smart decision? Fast-forward 40 years and they and my four cousins and their families all use it. We've vacationed with them there and it's lovely. They haven't rented it out since it was paid off because why bother, but I always thought they were brilliant. (Now I'm an adult I realize lots of people do this, but when I was a kid I didn't know anyone besides them who had a vacation house, so it always struck me as amazing to have such a great place and figure out how to make it pay for itself!)[/quote]

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