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Updated over 9 years ago on . Most recent reply

User Stats

93
Posts
12
Votes
Danielle Hammond
  • Marquette, MI
12
Votes |
93
Posts

Newbie interested in vacation homes

Danielle Hammond
  • Marquette, MI
Posted

After a few months of research and digging, I have decided to start out my investment business with vacation homes. I am going to get my realtors license and work for a local realestate company who I have talked to a few times and are very helpful. They will provide me with knowledge of the area, help networking, and provide office space to get started. My business will be whatever I make it, and I will pay them a percentage or flat rate for 1-2 yrs. I figured this will be a great way to learn and get my feet wet - risk free. I guess my next step is learning how to find and manage property rentals. Does anyone have suggestions for this type of work. Id like to know a little on my own going in- rather than relying on the brokers and showing what a lost puppy I really am. I hope I can start my business and bring in my own cleaning and maintenance crews so the actual homeowners don't have to do any work and can enjoy a profit off their properties that they normally pay to winterize and lose on taxes. 

Advice please! I love books and blogs if anyone has recommendations. 

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