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Updated almost 9 years ago on . Most recent reply

User Stats

39
Posts
16
Votes
Kent Baltare
  • Investor
  • Denver, CO
16
Votes |
39
Posts

Buying in a great vacation rental market

Kent Baltare
  • Investor
  • Denver, CO
Posted

Hey there.

I wanted to reach out to the BP community to get their thoughts on interesting locations for a first time vacation rental buyer.  I'm currently a buy and hold investor in Canada but live in California.  I wanted to get peoples thoughts on specific areas in the US that would be good to look at for holding a vacation rental.

Interested in hearing about areas where the purchase price is realistic when compared to the vacation rental market (meaning that there is good demand for rentals throughout much of the year with attractive rates).   

Ideally, a warmer location so I could accommodate many of my Canadian friends and family who travel to the US during the harsh winter months. (CA,FL,etc) 

Thanks in advance for your time.

  • Kent Baltare
  • Most Popular Reply

    User Stats

    455
    Posts
    297
    Votes
    Loren Clive
    • Residential Real Estate Broker
    • Paia, HI
    297
    Votes |
    455
    Posts
    Loren Clive
    • Residential Real Estate Broker
    • Paia, HI
    Replied

    Maui. Consistently rated #1 island in the world by Conde Nast. You can count on awesome weather and at least 70% occupancy year-round.

    Looking at $350k for vacation rental condo, although there are opportunities as low as $70k if you can do leasehold

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