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Updated about 10 years ago on . Most recent reply

Peter Grosso's profile image
Peter Grosso's profile image
Peter Grosso
  • Real Estate Agent
  • from Farmingville, NY
  • Member since Feb 15, 2014
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Peter Grosso's profile image
Peter Grosso's profile image
Peter Grosso
  • Real Estate Agent
  • from Farmingville, NY
  • Member since Feb 15, 2014
Connect
Peter Grosso
  • Real Estate Agent
  • Farmingville, NY
37
Votes |
164
Posts
Buying & Selling Real Estate

Best Market for Vacation Rentals?

Peter Grosso
  • Real Estate Agent
  • Farmingville, NY
Posted

Hello All, 

Anyone have an option on Vacation Rentals? My guess is that they are not as profitable as a more standard buy and hold areas. 

Anyone here specialize in this kind of market? 

  • Peter Grosso
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    George You's profile image
    George You's profile image
    George You
    • Involved In Real Estate
    • from San Diego, California
    • Member since Oct 15, 2014
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    George You's profile image
    George You's profile image
    George You
    • Involved In Real Estate
    • from San Diego, California
    • Member since Oct 15, 2014
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    George You
    • Involved In Real Estate
    • San Diego, CA
    14
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    George You
    • Involved In Real Estate
    • San Diego, CA
    Replied

    We focus on Mission Beach, San Diego.  I have a property that does $125,000 a year in rental income as a vacation rental and as a long term 1 year lease rental would do about $60,000.  A property like that sells for around $950,000.  

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