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[quote=Anonymous][quote=Anonymous]My parents have a vacation rental. Worth at least $900k. One of the busiest properties on the lake due to its small size and amenities. The turn over the property themselves to avoid paying a management fee. Just VRBO and the sometimes help from an outside cleaner. They clear about $80k a year. Not worth it really financially in my opinion even though they are one of the most successful properties but they are retired and love doing it! Keeps them busy in retirement and they love entertaining friends. It is definitely more stable than investing but a ton more work.[/quote] What do they do if they want to travel? They could net way more than $80K/year with the 900K invested. [/quote]
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