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Updated over 2 years ago,
Looking into getting a Lake House
Hello BP!
I got into the idea of real estate about two years ago, and I just got my first property a few months ago, as a house hack. I have been working hard on it, fixing up a bunch of small things, and I couldn't help but look towards what's next. I went on a getaway to clear my mind a bit, and I went to a lake house. It was super nice relaxing and I loved it. That sparked the idea of getting a lake house, and doing what the hosts are doing.
So I started researching a lakehouse as a short-term rental, and I haven't been able to finnd all the information I have been looking for. I don't know anything really about what goes into getting a lakehouse, or the upkeep of this kind of property, the different costs of it, etc.
I was just hoping to get help here, get some first hand experience advice from someone with this kind of real estate experience. I proposed this idea to a friend of mine to partner up and take this beast on. If it does turnout to be what I am thinking of as a good investment, I am planning on taking it on in 1.5-2 years. For the mean time I am going to save up and research this as much as possible.
So if I can get a little help with this, that would be greatly appreciated! Looking forward to hearing back from you BP!
Thank you!
-Pablo