Short Term Ski Town Rental

[Justin R.]

Does anyone have experience renting out cabins in the west coast? I am looking into possibly purchasing a Cabin in either Lake Tahoe, Mammoth, or Big bear. I am thinking about purchasing one as a "second home" which should secure me a good interest rate. The cabin would be utilized by my family several times (6-10) a year, but not enough for me to justify the costs.

I have contemplated on using a property management company to do short term rentals to offset the costs. If I purchased a 500k cabin with 20 percent down, would I possibly "break even" after all net operations costs are accounted? If someone has experience in this field please let me know.

Any suggestions are greatly appreciated.

Thanks,

Justin R