Ocean City vacay rental (vacation buy hold)

[Ray P.]

I am looking at a bay-side vacation rental. I didn't anticipate looking at vacation buy and holds, but this seems like deal too good to pass. Calculating ROI is different with vacation rentals, how are the out of season rents and expenses calculated?

[Elizabeth Colegrove]

I have been look at vacation rentals. The important thing seems to be to evaluate if you think the house will be used in the winter sea on or if it will be boarded up? From what I am seeing that is key. One of the reasons I am looking gin areas that have 12 months vacation seasons, is to make sure the rental will stay occupied all year round. As that is easier to cash flow.