The market for vacation rentals has been growing a lot lately. Many travelers have chosen not to stay in hotels, but in houses or apartments, due to the larger spaces, leisure options, comfort, privacy and informality.
Tourists seek to literally feel at home, enjoying the kitchen, living room, veranda, pool, barbecue grill, and many other amenities.
Sometimes whole families or groups of friends share homes on their international trips.
Your investment is paid for with rental income
For this reason, buying a property to rent by the season is very attractive. In addition to the investor being able to enjoy the house during his trips with his family, there is revenue generation in the periods when the property is not being used. In general, the amount received is enough to pay the mortgage and the maintenance costs of the property, which is even smarter.
Our tip is: when buying your vacation rental property, choose locations close to tourist attractions, beaches, parks, and other places that are interesting for tourists.
It is also important to decide whether you will manage the rentals yourself or hire a specialized company, which will charge a percentage on the revenues, but will greatly reduce your work.
Investing in the USA is always a good business. Contact your realtor and make the best choice!