Anonymous wrote:Don't people bug you to use your place/s??
Also, what good is a second, third, whatever home if it has no personal relevance to YOU, OP?
Anonymous wrote:We live in Chicago and have a second home in Lake Geneva, Wisconsin. We don't AirBnb it now, but likely will as our kids get more heavily into sports over the next few years and we won't be able to use it as often in the summer (we do go year round). Love everything about it and honestly can't think of a downfall other than it obviously costs money.
HHI $300k
Anonymous wrote:-Berkshire County MA
-We love the location and always have (both grew up going to the area as kids although we are the first in our families to own a place there)
-Love that once you are there, you feel a million miles away from your worries. Can wear whatever you want. No one cares "who" you are. Con is that it is a pain to get to.
-Mostly only in the summers but we go for very long stretches. Sometimes we go up over winter or spring break, too. Have also done Thanksgiving there occasionally.
-Yes -- we list it on VRBO. Income from that varies between 50K-75K a year. Pretty much covers the mortgage but not additional fees like property manager, heating, etc.
-HHI is around 1M although it wasn't that high when we bought it. Probably closer to $500-$600K when we pulled the trigger.
Anonymous wrote:Colonial Beach is a dump. Sorry. We looked at places to buy there and found it super depressing.
Anonymous wrote:If you have a second home, where is it?
Paris, LA, Chicago.
Why that location?
I like Paris. It gives me an old world feel that I can't get in the states. LA and Chicago due to business - and is always interesting. Never cared to be in NY, Philadelphia or Boston for one more minute than I needed to be there. Same for any place in the (U.S.) South.
What do you love/hate about it?
Love Paris: No one loves or cares about Trump. Hate Paris: Unfortunately has Le Pen, a more polished version of Trump, of the same ilk.
How often do you use it?
Love to spend Spring in Paris and Summer in the Southern coasts of France and Italy. LA and Chicago as business requires.
Do you Airbnb or rent when not using?
Don't really understand how other people allow others to sleep in their bed and go through their things. A rental is a rental and a home is a home.
If you would like to have a second home one day, where would you like to buy one and why?
Berlin - unexpected adventure, Lake Como - lake living, St. Moritz - skiing. Probably not there often enough to buy.
Anonymous wrote:If you have a second home, where is it? Why that location? What do you love/hate about it? How often do you use it? Do you Airbnb or rent when not using?
If you would like to have a second home oneday, where would you like to buy one and why?